New London · New London, NC
108 Beach Drive
New London, NC · 883 sqft
$265,000
- 2Beds
- 1Baths
- 883SqFt
- 2006Year
- 1Days on market
About this home
Lakeside Living & Rental Potential at Badin Lake! Escape to this stunning, wood-interior cabin combining rustic charm with investor appeal. Positioned on a prime corner lot on the lake side of the road, this property boasts beautiful water views without the waterfront price tag. Inside, soaring wood walls surround a striking, central gas log fireplace that steals the show. The layout offers 1 bedroom, 1 bathroom, plus a versatile loft space that is currently used as a second bedroom and is ready for guest overflow. Take in the scenery from the expansive front porch, or head to the outdoor firepit for evening relaxation. An unfinished basement handles all storage and laundry needs. Sold fully furnished (minus couch), it is a turnkey short-term rental option or private oasis. Cruise by golf cart to the community access or use public ramps nearby. Currently on septic, but public sewer is available for future expansion. Leave your worries behind and tap into the lake lifestyle today!
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 883
- Lot
- —
- Year built
- 2006
- Type
- Single Family
- Days on market
- 1
- Heating
- Electric, Heat Pump, Propane
- Cooling
- Ceiling Fan(s), Central Air
- Foundation
- Basement
Features
- Fire Pit
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,917/ month
- Principal & interest
- $1,641
- Property tax (~0.90%)
- $198
- Homeowners insurance
- $77
- HOA dues
- —
Down payment
$13,250 down · $251,750 financed
Income to qualify (28% rule)
~$82,168 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she 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.