This week we’re heading over to the D.C. side of Chevy Chase to check out a spacious 2BR / 1.5BA townhouse-style condo on Connecticut Avenue. It’s listed for $525,000 with an open house scheduled for this Sunday.
In addition to an open floor plan with 10-foot ceilings, this unit features a beautiful wood burning, brick fireplace and a fully renovated kitchen with breakfast bar. A private balcony looks onto a quiet, residential street, but it’s just a short walk away to Metro as well as the shops like Politics and Prose and restaurants like Comet Ping Pong.
Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $121,149.89. Monthly payments will then be around $2,721.16, which also includes the HOA fee of $251. For a complete picture of cash-to-close, including the seller’s net proceeds from this home-sale scenario, check out the Close It! Web version or download the free Close It! iOS app.