Close It!™ House of the Week: First time on the market

Close It!™ House of the Week: First time on the market
Close It™ is the free Web and iOS app that calculates cash to close for buyers and cash in pocket for sellers.
This week we're making our way across town to the H Street Corridor in Northeast, D.C. to check out an interior row house with 2 bedrooms and 2.5 bathrooms. The property is more than 100 years old, but appears to have been completely renovated and, according to the listing, has never before been on the market. List price is $619,900.

The kitchen features white marble counter-tops that contrast beautifully with stainless steel appliances. The refinished hardwood floors emit a sense of warmth throughout while preserving some of the home's original character. The location is a mere blocks from the restaurants, theaters and unique bars H Street has to offer.

Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $123,980. Monthly payments will then be around $2,747.89 per month, plus a $244 monthly HOA fee. For a complete picture of the cash to close, including the seller's side of the transaction, try the Web version of Close It™ or download the free Close It™ iOS app.

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