1202 Townes Rd

Freedom Park, Charlotte, NC · 1 days on market · View on Zillow

1202 Townes Rd

$1.9M somewhere else buys…

3 bedrooms · 3 baths · 3,456 sqft · 10,890 sqft lot

Built 2019 · 2 Attached Garage spaces · Pool · $557/sqft (city median $230)

Stunning Duet in Myers Park built by Grandfather Homes and designed by Bryan Mermans. Walk in and immediately feel like you have entered a resort. Open floorplan flows seamlessly to the travertine courtyard with inground heated saltwater Pool with lights and waterfall. Covered Cabana with oversized wood burning fireplace.

What this place offers

  • Private pool
  • Heating: Forced Air, Heat Pump, Humidity Control, Natural Gas
  • Cooling: Central Air, Heat Pump
  • 2 Attached Garage spaces
  • Garage
  • Top school rating 8/10 nearby

The numbers

$13K/yr

Property tax (actual rate)

$7K/yr

Insurance (quoted)

Price history

2018$550,000
2019$1,166,586
2026 (asking)$1,925,000

Up 250% since 2018

$1,925,000

Down payment20% · $385,000
%
Mortgage (principal + interest)$9,633
Property tax$1,091
Home insurance$578
All-in monthly$11,301/mo

You'd need about $484,334/yr in household income (28% rule) plus $385,000 in cash.

Would rent for ~$3,822/mo · 2.4% gross yield

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