This week we’re touring an interior row house in the Chevy Chase neighborhood, where it was reported earlier this week that the median home price there sits around $1 million. This property has two bedrooms plus one-and-a-half bathrooms. It’s listed for $729,000.
There’s a fireplace in the living room, a large coat closet in the foyer and a fenced in yard with a patio. In addition, this house comes with two off street parking spots. The location makes shops, restaurants and metro stops on Connecticut and Wisconsin avenues very accessible.
Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $167,351.02. Monthly payments will then be around $3,242.40 per month. For a complete picture of the cash to close, or for a run-down of the seller’s side of the deal, plug the numbers into the Web version of Close It™ or download the free iOS app.