8 Commodore Dr Unit C359
Higher is a better buy. 50 is "priced about right for what it is". The last step curves the raw advantage onto 0–100, so points stop being one-for-one at the extremes.
💵What this unit actually costs per month
35% of that payment is not the mortgage. The HOA fee alone is $45,120 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,798.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($20,750). Common for small associations and not a defect on its own, but it does remove FHA buyers from your resale pool.
Minimum realistic down payment here: 5% · verify on HUD's lookup
Rate is the Freddie Mac PMMS 30-year average for the week of 2026-10-08 — a national survey figure, not a quote. Tax, insurance and closing costs are estimates; your own Loan Estimate is the real number.
This building's HOA fees
We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($712 in 2026), not enough for a trend yet. The listing shows $752/mo today. Upload its HOA docs and we'll build the full reserve & special-assessment report — free.
🏢 Get this building's free HOA report →✅ Positives
- Garage parking
⚠️ Cons
- 10% above model fair value
- HOA $752/mo
🚩 Red flags
Photos
Price history (this unit)
- Sep 8, 2026 — Listed $415,000
- Nov 12, 2010 — Sold (MLS) $202,000
- Aug 21, 2010 — Price Changed $210,000
- Jul 16, 2010 — Listed $221,100
- Mar 14, 2007 — Sold (MLS) $347,000
- Mar 14, 2007 — Sold (Public Records) $347,000
Description
Updated Watergate 1-Bedroom w/ Water Views, Private Balcony & Versatile Bonus Space! This spacious and thoughtfully updated 1-bedroom residence offers a flexible floor plan, quality finishes, and a peaceful water view from the private balcony. The bright living room features beautiful hardwood floors and recessed lighting, while marble flooring extends through the hallway and bathroom. The dining area has been converted into a versatile bonus space, ideal for a home office, guest space, or additional living area. The well-appointed kitchen features updated wood cabinetry, beautiful granite countertops, and a microwave conveniently installed above the oven to maximize counter and cabinet…