Close It!™ House of the Week: Spanish masterpiece with Potomac River Basin views

Close It!™ House of the Week: Spanish masterpiece with Potomac River Basin views
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've stumbled across an amazing house in the Palisades neighborhood – a 1953 Spanish masterpiece according to the listing – that looks like it should be located in Napa Valley instead of Northwest Washington, DC. Sale price is $1.595 million.

The photo tour highlights several elegant features of this 4-bedroom, 2-bathroom home, including a gorgeous deck off the main level and a private patio above it off the master retreat. The house has three patios in all. Other features include arched doorways, built-in shelving and a commercial kitchen. 

Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $366,298.90. Monthly payments with carrying charges would then be around $7,072.99 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.

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