Pricing

As an owner at 750 North Co-op, you receive exclusive use of your own suite, as well as access to all of the community’s shared spaces (1650 square feet of indoor common areas plus 2 decks off shared kitchen-living-dining-private office level, front porch, front yard/garden on North St and private backyard). Residents of the cooperative hold ownership through purchasing their member share. Share prices vary in price based on size and location. Owners receive an equity return when they leave the cooperative by selling their shares. Just like a typical mortgage, the amount you leave with is based on how much of your share loan you’ve paid down during the time you lived there. The 750 North Co-op has modified appreciation, which means shares don’t appreciate the same way the typical market does. At 750 North Co-op, shares appreciate at 50% of the market rate. This allows shares to stay affordable for future owners while also making ownership accessible to our first round of owners today. These are estimated prices as of March, 2025 and they are subject to change.

Monthly costs shown include:

• Suite and common area lease cost (resident’s share of building 30 year mortgage after downpayments).

• Shared electric vehicles (4 is assumption), ebikes and trailers acquisition loan and maintenance budget.

• Weekly common area cleaning, part-time manager, sewer, water, electricity (estimated to be near zero; building heating, cooling, lighting, most car charging are estimated be met by the building’s solar system), community land trust lease cost, property insurance, repairs, maintenance, replacement, and bike/car reserves). Ask for itemized estimated Homeowners Budget.