This week we’re making our way over to Petworth to check out a stunning renovation that features a finished lower level that can serve as either an in-law suite or room for extra income. It’s listed for $874,900.
This colonial-style home is a 3BR / 3BA with a finished lower level, ideal for guest accommodations. The steel cable railings on the staircase are a nice design touch. The upper level boasts fabulous 10-foot ceilings and a luxurious master bathroom. The kitchen is gorgeous with white cabinets and marble counters.
Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $198,275.95. Monthly payments will then be around $2,594.77. 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.