Reply to Are these H St. NE / Capitol Hill houses priced appropriately?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]
[quote=Anonymous]34 days (tho more like 14 months):
https://www.redfin.com/DC/Washington/622-Maryland-Ave-NE-20002/home/9899173[/quote]
Ah, yes.  A "Grand Victorian row home" that's had everything grand and Victorian stripped out of it in favor of whatever's on HGTV this week.  Its failure to sell probably has more to do with being on a fairly busy stretch of Maryland and having no private outdoor space (and, well, price), but I'll still choose to see it as a cautionary example of not doing tasteless renovations.[/quote]

Price is too high, drop it to a solid mil and it would sell instantly. Measurements have no meaning, inches from the park? Okay. Maryland Ave has been under construction for years and will probably continue to be under construction for the next 50 years. But the street view has this house fronting D St, which is a much better prospect. I don't know why someone would go through the trouble of renovating an entire house but not touch the basement rental unit. (I shudder to think that what's pictured *is* the update.) That basement kitchen is horrendous, which is a shame because the unit overall seems to be a good size with decent natural light, a rarity for English basements. The math is very fuzzy on the rental income. $1875 a month is not $35k a year. That's a high annual income for a basement even for an Air BnB that's booked almost every night.[/quote]
From what I can see, it looks like it fronts to Maryland but backs to D.  Photos 26-28 on the Redfin listing are on the Maryland side of the house; picture 29 is the D street side.  The "front" door to the basement is on the D street side, though.

The basement doesn't look that bad to me, really.  I may like it more than the main house.   But yeah, I have no idea what "an established reputation and income of over $35K per year but currently rented for $1875/month" is supposed to mean (I actually hadn't read that far down the wall o' text to see it until you pointed it out—I kind of want to see what kind of wacky description Tom Faisal would write for this one).  I guess you're on to something with the $35k maybe being what they claim to have been AirBnB income—it's also the only way "established reputation" makes any sense.  [/quote]

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