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Dougherty Phase 3

2 Bedroom

$260,839 80% AMI tier
$341,365 · 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 guest or home office
  • → A 2BR accessible home planned
  • → Floorplan finalized before reservations
Est. all-in / month
$1,900–2,600
Condo fee
$215/mo
Est. electric
$170–210/mo
See if I qualify for this home →
Dougherty Commons

New for Phase 3 — the preliminary plan sheets below show where the 2 bedroom homes sit; the individual floorplan is finalized before reservations open.

Photos of this home

Dougherty Commons
Dougherty Commons
Dougherty Commons
Dougherty Commons

Developer-selected finishes

Built as precision modular homes at the KBS factory in Poland, ME and finished on-site by Backyard ADUs.

Dougherty Commons developer-selected finishes

Own vs. co-op vs. rent — 2BR

Owning a Dougherty 2BR could provide an estimated $133,441 in financial benefits over 10 years*

2-bedroom figures are estimates until Phase 3 pricing is published
$ /mo →
Own (condo)
$2,918/mo
Cash to get in
$15,948
…with assistance
~$5,948
Estimated 10-year financial benefit*
$133,441
Co-op
$2,150/mo
Cash to get in
$5,000
Estimated 10-year financial benefit*
$43,643
Rent
$2,150/mo
Cash to get in
$4,100
Estimated 10-year financial benefit*
—
Estimated financial benefit after 10 years*
Own
$133k
Co-op
$44k
Rent
$0k
OwnCo-opRent
Builds equityPrincipal paydown + limited appreciation (resale price rises with Area Median Income)Limited (share + an estimated 2%/yr)None
Monthly costFixed mortgageSet by member-ownersRises with the market
Tax benefitsMortgage interest + property taxSomeNone
Who maintains itYou (+ condo assoc. for common areas)The co-opLandlord
Can you leave easilySell to an income-eligible buyer at a restricted resale priceSell your share backGive notice

*Estimates based on Phase 2 prices ($268,800 1BR, $325,000 3BR), the highest estimated Phase 3 2BR price ($341,365), current condo fees ($129 1BR, $215 2BR, $299 3BR) and property taxes at about 1.25% of the price a year (from a 2026 Dougherty tax bill), a 5.95% interest rate, 3.5% down, 0.55% mortgage insurance, 2% annual appreciation and expense growth, a 22% tax bracket, and a 5% commission at resale. Tax benefits apply only if you itemize deductions; many buyers don't, so your benefit may be lower. All figures are subject to change based on interest rates and individual situations. Your lender confirms exact figures. See MCDP's full comparison.

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