Sold Price cut: $50,000 (9/29)
$179,900
3 beds · 2 baths · 1,232 sqft
6162 Cardinal Drive, Gainesville, GA 30506
Great deal
Priced about $119,233 (40%) below comparable homes. Estimated market value $299,133, based on 6 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
If you have dreamed about living on the lake at an affordable price you have found your home. Enjoy your newly remodeled 3 bedroom 2 bath home in this quiet gated community on Lake Lanier complete with brand new white appliances refrigerator included. Community features include a community dock, pool, tennis courts and basketball courts. Come and see what this community has to offer. Seller offering $5,000 credit to buyers at closing.
PoolBasementRenovated
Listing remarks courtesy of MEP Brokers, LLC · Sold by Maximum One Executive Realtors.
· FMLS #7080340$1,230/mo est.
with $17,990 down · $179,900 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
3
Beds
2
Baths
1,232
Sqft
2001
Built
0.4 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,275/morange $2,125 – $2,42515.2% gross yield
Based on 12 similar rentals within 5 mi (2 recently leased).
2 bd · 2 ba · 1,008 sqft · 1.7 mi away$1,950/mo2 bd · 2 ba · 1,008 sqft · 1.7 mi away · leased$1,950/mo3 bd · 2 ba · 1,056 sqft · 3.2 mi away · leased$1,800/mo2 bd · 2 ba · 1,424 sqft · 3.3 mi away$2,395/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$1,374/mo
Principal & interest$1,050
Property taxes$180
Home insurance$52
HOA$92
Down payment$17,990 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
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Every list price is checked against our valuation model and local comps.
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A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
LanierElementary
ChestateeMiddle
ChestateeHigh
Location
64 for sale 9 pending 12 sold
Listed by
MEP Brokers, LLC · Sold by Maximum One Executive Realtors
Source: FMLS · #7080340
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