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Dougherty Phase 3
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2 Bedroom
$252,000 80% AMI tier
$325,000 · 100% AMI tier (Phase 3 estimates — finalized before reservations)
2 bed · 1 bath · for 2–4 people · 1st, 2nd & 3rd floors
- → New for Phase 3 — some on the first floor with step-free entry
- → Room for a small family or office
- → A 2BR accessible home planned
- → Floorplan finalized before reservations
Est. all-in / month
$1,900–2,600Condo fee
$215/moEst. electric
$170–210/moNew floorplan for Phase 3 — finalized before reservations open.
Photos of this home
Developer-selected finishes
Built as precision modular homes at the KBS factory in Poland, ME and finished on-site by Backyard ADUs.
Own vs. co-op vs. rent — 2BR
Owning a Dougherty 2BR builds $120,000 in wealth over 10 years that renting never does.
2-bedroom figures are estimates until Phase 3 pricing is published
$
/mo →
Own (condo)
$2,215/mo
- Cash to get in
- $15,600
- …with assistance
- ~$5,600
- Equity in 10 yrs
- $120,000
Co-op
$2,150/mo
- Cash to get in
- $5,000
- Equity in 10 yrs
- $38,000
Rent
$2,100/mo
- Cash to get in
- $5,000
- Equity in 10 yrs
- —
Wealth built after 10 years
| Own | Co-op | Rent | |
|---|---|---|---|
| Builds equity | Full appreciation + principal | Limited (share + up to 6%/yr) | None |
| Monthly cost | Fixed mortgage | Set by member-owners | Rises with the market |
| Tax benefits | Mortgage interest + property tax | Some | None |
| Who maintains it | You (+ condo assoc. for common areas) | The co-op | Landlord |
| Can you leave easily | Sell on the open market | Sell your share back | Give notice |
Source: MCDP's own cost & benefits comparison. Illustrative — your lender confirms exact figures.