For this installment of our House of the Week series, we’re checking out a great condo option for a first-time homebuyer. Just a stone’s throw from the Columbia Heights action on 14th Street and two blocks from Metro, it’s got incredible location. It’s listed for $349,000.
An open floor plan makes for a very versatile 590 square feet in this 1BR/1BA unit. The updated kitchen features granite counters and stainless steel appliances. The unit also has two large closets and comes with additional storage. The building features a roof deck that boasts beautiful city views.
Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $79,664.77. Monthly payments will then be around $1,733.49 including the HOA. For a complete picture of the cash to close, including the seller’s side of a transaction like this, try the Web version of Close It™ or download the free Close It™ iOS app.