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724 E Howell Ave, Alexandria, VA 22301
3 beds · 4 baths · 3,832 sqft
Sophisticated Living in the heart of Potomac Yard Handsome brick contemporary end-unit townhome with 3 bedrooms, 3-1/2 baths, 2-car garage, and phenomenal outdoor terrace, deck, and balcony space. Entertainer’s delight with the open concept floor plan offers numerous flexible rooms, wine/beverage coolers in the kitchen, and wet bars on two additional floors. Open plan entry level welcomes you via foyer entry to a great room open to dining space and a true gourmet kitchen. Kitchen features striking rich dark espresso maple cabinetry, huge island, stone countertops and upgraded, high-end stainless-steel appliances Luxurious second level owner’s suite provides primary bedroom with sitting area, walk-in closet, and ensuite bath with double vanity, private w/c, sybaritic soaking tub, separate shower with bench and two shower heads. Office or home gym area opens to the grand terrace, where you have room for tables, grills, extensive seating, colorful potted plants and more. Bedrooms 2 and 3 on 3rd level, along with full bath, linen closet and laundry/mechanical room. Spacious home office, study, or recreation room has wet bar, beverage cooler and french doors overlooking green space. Upper level (4th level) phenomenal family room runs the full length of the house and can easily accommodate the biggest TV screen (or multiple screens) that you can find. Wet bar with wine cooler for guests and family. Full bath on this level, so this can also be a second primary bedroom suite. See-through fireplace to roof terrace and a view of the Washington Monument and the 4th of July Fireworks display! Terrace opening off second level has ample room for tables, chairs, grills, container gardens, you name it. Huge, private upper deck with fireplace offers generous seating room. Approximately ½ mile, ten-minute walk to Potomac Yard Metro.
Source: BRIGHT #VAAX2045014
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #VAAX2045014
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.
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