Close It!™ House of the Week: Cool condo in hot Eckington neighborhood

We’re venturing over to the Northeast quadrant to check out a super cute condo that just came on the market in the hot Eckington neighborhood. It’s newly renovated with a private patio and comes with parking. It’s got 2 bedrooms that each have an en-suite bathroom. List price is $429,000.

The unit features hardwood floors as well as granite countertops and stainless steel appliances. Just eight minutes from the Rhode Island Metro stop, this condo is in close proximity to a Rhode Island Row, a shopping area that has already seen a huge transformation. Plans for further development are on the horizon. In the opposite direction is the up-and-coming Bloomingdale neighborhood, which has seen a number of local restaurants open in recent years.

Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $95,050.86. Monthly payments will then be around $1,988.72, including the HOA fee. 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.

  • Ways to save at closing

    Title charges are the largest chunk of closing costs and can vary by hundreds of dollars.

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  • What are closing costs?

    The real estate closing process involves loan steps, legal steps and title steps.

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  • What's title insurance?

    Insure your legal ownership just like you'd insure the building, but for lots cheaper.

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