$225,000
0 BD/1 BA: 571 sq ft
Cleveland Park
HOA: $482 (includes all utilities)
What makes it great: Arguably the most affordable studio just hit the market. It’s in quaint Cleveland Park and just a single block from the metro. It’s also not a tiny space. With almost 600 square feet of living space, you wont feel cramped. Other perks include a big window and walk-in closet. The kitchen needs some updating but that is a great project to do over time to add value.
Here is the math: Assuming 20% down and a 4% interest rate, your mortgage would be around $850. Your HOA payment will bring you back up to about $1350 but with tax benefits, your overall costs could fall below $1000.
Click here to get more info and schedule a tour with me.
[codepeople-post-map]
