Belmont · Belmont, NC
101 Gaither Road
Belmont, NC · 952 sqft
$325,000
Reduced from $375,000
- 2Beds
- 1Baths
- 952SqFt
- 1900Year
- 90Days on market
About this home
$50k PRICE REDUCTION in a great location of opportunistic potential, as a rental property, or rezone as commercial or multi-family, or build a new home on this large double lot. The current septic encroaches on the 2nd lot; otherwise, the lots would be offered separately. You'll find the lot to be very level, clear, and with a couple of big old beautiful shade trees in the front of the yard. The home is a 2/1 with the dining area open to the kitchen. The bathroom and laundry are in one of the bedrooms. The most recent tenant was paying $1400 a month. This property does have a good rental history. The backyard is fenced, and the shed remains with the property.
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 952
- Lot
- —
- Year built
- 1900
- Type
- Single Family
- Days on market
- 90
- Heating
- Central
- Cooling
- Central Air
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$2,337/ month
- Principal & interest
- $2,012
- Property tax (~0.85%)
- $230
- Homeowners insurance
- $94
- HOA dues
- —
Down payment
$16,250 down · $308,750 financed
Income to qualify (28% rule)
~$100,192 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.
