1 Steuart Ln #201
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
36% of that payment is not the mortgage. The HOA fee alone is $221,220 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $12,599.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($94,750). 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
2 recorded pointsReconstructed from 20 units of recorded sales at 1 Steuart Ln — every recorded sale carries its HOA fee and date. No listing site shows this.
We have a few recorded HOA fees for this building but not yet enough to call a reliable trend, so these are the raw points — no rate implied. Its documents fill in the reserve health and assessment risk.
🏢 Get this building's full reserve & assessment report — free →✅ Positives
- In-unit W/D
- Newer build (2021)
⚠️ Cons
- 56% above model fair value
- HOA $3687/mo
🚩 Red flags
- Very high HOA $3687/mo (full-service high-rise)
- Listed BELOW its 2024 sale ($1950k) → value eroding
Photos
Price history (this unit)
- Sep 11, 2026 — Listed $1,895,000
- Aug 9, 2024 — Sold (Public Records) $1,950,000
Description
Residence 201 at One Steuart Lane is a rare two-bedroom, two-bath home from the building's coveted Terrace Collection, pairing approximately 1,286 square feet of beautifully refined interiors with an expansive 395-square-foot private terrace. A gracious gallery entry, accented by coved lighting and warm European oak floors, leads to an open living, dining, and kitchen space framed by floor-to-ceiling glass. Oversized sliding doors create a seamless connection to the wrap-around terrace, extending the living space outdoors and bringing light and greenery into the heart of the home. The sleek kitchen pairs Italian cabinetry with elegant marble surfaces, Gaggenau and Miele appliances, and a…