619 King St Unit TH6
This is an income-restricted (BMR) resale. Its price is set by an income formula, not by the market, so the gap against normal comps is not equity you own — it is a restriction you inherit, with income limits to qualify and a formula price when you sell. Scoring it against market comps would flatter it enormously, so we don't score it at all.
💵What this unit actually costs per month
32% of that payment is not the mortgage. The HOA fee alone is $44,580 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,553.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($26,931). 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 2026-11-05 — 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 ($743 in 2026), not enough for a trend yet. The listing shows $743/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
- 35% below model fair value
- In-unit W/D
- Newer build (2007)
⚠️ Cons
- HOA $743/mo
🚩 Red flags
- Income-restricted (BMR) resale — price set by an income formula, not the market; buyer income limits apply and the gap vs comps is not equity
Photos
Price history (this unit)
- Oct 13, 2026 — Listed $538,617
Description
2-bedroom Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 2 people = $129,700; 3 = $145,900; 4 = $162,000, 5 = $175,050, etc. Must be a first-time homebuyer and income eligible. Townhome-style condominium featuring 2 bedrooms and 1.5 baths with a thoughtful two-level layout. The main level offers an open-concept kitchen, living and dining area plus a convenient half bath. Upstairs are two bedrooms and a full bath with shower-over-tub. Enjoy a private entrance through a private patio for a true townhome living experience. Located within the architecturally distinctive 888 Seventh Street community. Unit available through the Mayor's…