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A Steal? A Deal? Think Again With This 2 Bedroom Coop

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Priced at an incredible $298,000, this 2 bedroom, 2 bath coop near Observatory Circle is almost too good to be true. And it is. Once you factor in the steep (we mean, really steep) monthly HOA fees of $1,128 plus the mortgage, this puppy ain't sitting so pretty. To put this in perspective, a 30-year fixed mortgage at 3.875% with a 20% down payment is $1,121 a month. That's $7 less than the coop's HOA fees. Click over more exact details on how much extra you'll pay per month and what you get in return (it does include things like FIOS, utilities, and the pool maintenance).

· Listing: 4101 Cathedral Ave #1011 [Redfin]