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Awning Analysis
Neighborhood
Schools
Market Statistics
Demographics
413 Ferrell AvenueBelmont, NC 28012
$249,900  
2  Bd
1  Ba
790  Sq. Ft.
Like Property
Key Insights
A
Overall Niche neighborhood gradeThis neighborhood is incredibly desirable to live in! See details
A-
Overall Niche school gradeThe public schools in this area are top notch! See details

Awning Agent
Humberto Marquez
Humberto Marquez
#: 342263
Humberto has four years of real estate experience prior to working for Awning. He has helped hundreds of clients across multiple real estate markets with buying properties and actively invests himself. Feel free to ask him any questions you have about Awning, investing, or any listing.
Note from Humberto

Furnishing Budget

$5000

Most of the furniture is already included. We've included a $5,000 budget to replace or add additional items


Renovation Cost Estimate

$10,000

Update kitchen appliances

Refinish and repaint some interior

Some additional repairs to improve the house's appearance and to ensure the property is rent ready



Highlights

  • The home is located within walking distance from Downtown Belmont, 8 minutes drive from Kevin Loftin Riverfront Park, and 15 minutes drive from George Poston Park
  • The home is not part of an HOA (no restrictions)
  • The home is not located in a flood zone
  • Current Airbnb, check out the link here


Comps

Use our Estimator tool to find great comps: click here

Ask Humberto a question
Response time: typically within an hour
Text or call  682-730-0010

Description
Adorable bungalow in the heart of Belmont, NC within walking distance to downtown. Perfect for a first-time home buyer, someone looking to down-size, or an investor looking to add to their portfolio. This two bedroom, 1 bath home has had multiple recent renovations. New roof 2019, HVAC replaced in 2022, new water heater installed in 2020, updated electrical, new deck, and fence installed in the las few years. This property was a successful Airbnb for the better part of 2022. Most of the furnishings can convey if buyer is interested to include refrigerator, washer, and dryer, etc... There is a tenant in place with a lease through January 2024 that will have to be honored by the new owner.
Read more
Listed by: Chad Simpson · DRE#: CAR45648193 · Allen Tate GastoniaSource: MLS logo cmls · MLS#: 3937415 · Originating MLS: Carolina MLS (Charlotte, NC)Awning last checked: today at 12:38 AM | Last updated last Saturday at 3:13 PMListing data provided via Home Junction MLS logo

Property Facts & Features
Facts
Units
1
$/SQFT
$316
$/Unit
$249,900
Lot size
6,969
Built in
1941
Days on Awning
6

Copyright: Listings courtesy of © 2023 Canopy MLS as distributed by MLS GRIDDisclaimer: Based on information submitted to the MLS GRID as of 2023-01-28 15:13:04. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.MLS logo
 
Awning Analysis The following projections are computed using a proprietary formula. It is a starting point in determining the financial potential for a specific property. The analysis is pulled from public property data and similar local properties listed for rent; there may be special features, location, and market conditions our algorithms have not taken into account.
Monthly Estimated Airbnb Revenue
$2,900

NeighborhoodGet to know what living in 28012 is like.
Report Card for 28012Niche grades and rankings are calculated using dozens of public data sets and millions of reviews. Learn more about how Niche calculates these grades.
Overall Grade
A

Public Schools
A-
Commute
B-
Cost of Living
B+
Crime & Safety
B-
Diversity
B+
Good for Families
A
Jobs
B+
Walkability
C+
Data provided by Niche.

Living in 28012
Bars
C+
Coffee Shops
B
Health & Fitness
A-
Nightlife
B
Outdoor Activities
B+
Parks
B+
Restaurants
B+
Weather
B+
Data provided by Niche.

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Schools in 28012
School data is not available for this listing.

Market StatisticsMarket Statistics are provided directly from Niche, as well as calculated using historical transaction data provided by local governments.
28012 StatsSee how this home compares to the zip code medians.
28012 Median
Home Value
$204,200
Rent
$913
Rent-to-Income
15.4%
Income
$71,338
This Home
Listing Price
$249,90022% higher than zip
Rent
$1,35048% higher than zip
Rent to Income
22.7%48% higher than zip
Market statistics provided by Niche.


Demographics
Learn more about the area's income, population, and employment trends. Data provided by the US Census and the Bureau of Labor Statistics.
Household Income
See how the area’s average household income has changed over time.
This chart is unavailable due to screen size
in Year 2019
  • 28012
    $90k
  • County
    $63k

Population
See how the area’s total population has changed over time.
This chart is unavailable due to screen size
in Year 2020
  • 28012
    25,894
  • Average in County
    16,338

Rent vs Own
See the percentage of homes occupied by owners in the area.
% Owner Occupied for 2801271%
% Owner Occupied for County70%

Employment
See the percentage of adults working white collar jobs in the area.
% White Collar for 2801257%
% White Collar for County57%

Hold Bachelor's Degree
See the percentage of adults who hold at least a bachelor's degree in the area.
2801233%
County20%

Age Distribution 28012
See the distribution of people by age in 28012.
Under 2023%
20 - 4430%
45-6429%
65+18%