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. 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.

 Accessible ownership starting at a $5,000 down payment.

Garden Level: Suites 1-5

Suite 1: 206 square feet, $290,000 sales price, $2,122 monthly payment (estimated)

Suite 2: 228 square feet, $299,000 sales price, $2,170 monthly payment (estimated)

Suite 3: 225 square feet, $295,000 sales price, $2,149 monthly payment (estimated)

Suite 4: 187 square feet, $270,000 sales price, $2,014 monthly payment (estimated)

Suite 5: 190 square feet, $280,000 sales price, $2,068 monthly payment (estimated)

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Main Level Suites: 6-10

Suite 6: 205 square feet, $335,000 sales price, $2,363 monthly payment (estimated)

Suite 7: 217 square feet, $350,000 sales price, $2,444 monthly payment (estimated)

Suite 8: 226 square feet, $360,000 sales price, $2,498 monthly payment (estimated)

Suite 9: 191 square feet, $330,000 sales price, $2,336 monthly payment (estimated)

Suite 10: 204 square feet, $350,000 sales price, $2,363 monthly payment (estimated)

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Accessory Dwelling Unit (ADU)

Suite 11: 440 square feet, $475,000 sales price, $3,707 monthly payment (estimated)

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5 Year Hold Example

Unit 6: 205 Sq Ft 

  • Sales Price: $335,000 

  • Downpayment: $5,000 

Monthly Payments

  • Share Loan ($330,000 starting balance): $1,771

  • Note: the more you put down as a starting payment for your share the lower your monthly payment will be. 

  • Utilities, Maintenance and Transportation Amenities: $592

  • Total: $2,363

Paying Off Share Loan + Unit Appreciation 

  • After 60 payments (5 years) your loan balance goes from $330,000 to $302,526.

  • Your unit also appreciates during that time at an average of 3.5% per year, from $335,000 to $397,875.*

Selling Your Share

  • When you exit after five years, you will sell for the current value ($397,875) minus what you owe on your share loan ($302,526), for a total equity payout of $95,349.*

  • Ownership and equity for the price of renting!

*These numbers are used for example purposes only and do not promise or indicate a guaranteed return. As with all investments, there is inherent risk in real estate investment.