Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,064
Per Month
Principal & Interest
$1,997
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,266
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Northwood Elementary School
818 W Lexington Ave
Distance between this listing and this school1.03 miles
Public Magnet Grades PK-5
Middle School
2
/10
Ferndale Middle School
701 Ferndale Blvd
Distance between this listing and this school1.23 miles
Public Magnet Grades 6-8
6
/10
Allen Jay Middle, A Preparatory Academy
1201 E Fairfield Rd
Distance between this listing and this school5.11 miles
Public District Grades 5-8
High School
3
/10
The Academy At Central
700 Chestnut Dr
Distance between this listing and this school1.05 miles
Public District Grades 9-12
4
/10
High Point Central High School
801 Ferndale Blvd
Distance between this listing and this school1.14 miles
Public Magnet Grades 9-12
8
/10
Middle College Gtcc High Point
901 S Main St
Distance between this listing and this school2.41 miles
Public District Grades 9-12
Assigned Schools
3
/10
Northwood Elementary School
818 W Lexington Ave
Distance between this listing and this school1.03 miles
Public Magnet Grades PK-5
Nearby Schools
3
/10
Oak Hill Elementary School
320 Wrightenberry St
Distance between this listing and this school2.05 miles
Public District Grades PK-5
5
/10
Fairview Elementary School
608 Fairview St
Distance between this listing and this school2.15 miles
Public District Grades PK-5
Assigned Schools
2
/10
Ferndale Middle School
701 Ferndale Blvd
Distance between this listing and this school1.23 miles
Public Magnet Grades 6-8
6
/10
Allen Jay Middle, A Preparatory Academy
1201 E Fairfield Rd
Distance between this listing and this school5.11 miles
Public District Grades 5-8
Nearby Schools
5
/10
Johnson Street Global Studies
1601 Johnson St
Distance between this listing and this school1.65 miles
Public Magnet Grades KG-8
Assigned Schools
3
/10
The Academy At Central
700 Chestnut Dr
Distance between this listing and this school1.05 miles
Public District Grades 9-12
4
/10
High Point Central High School
801 Ferndale Blvd
Distance between this listing and this school1.14 miles
Public Magnet Grades 9-12
8
/10
Middle College Gtcc High Point
901 S Main St
Distance between this listing and this school2.41 miles
The neighbors living near this home have an average income of $83,211. Most High Point, NC residents have annual incomes between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1240 Westminster Dr
What is the listing price of this property?
The listing price of 1240 Westminster Dr property is $400,000.
What type of property is this?
The property 1240 Westminster Dr is a house located in High Point, North Carolina, 27262.
Is this property for sale now?
Sale Pending: 1240 Westminster Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What are the assigned schools for this property?
The assigned schools for 1240 Westminster Dr are: Northwood Elementary School: GreatSchools Rating 3/10Ferndale Middle School: GreatSchools Rating 2/10Allen Jay Middle, A Preparatory Academy: GreatSchools Rating 6/10The Academy At Central: GreatSchools Rating 3/10High Point Central High School: GreatSchools Rating 4/10Middle College Gtcc High Point: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,778 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1240 Westminster Dr has 4 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 1240 Westminster Dr is 2900 - 3500 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1240 Westminster Dr is 1967.
This home is located at 1240 Westminster Dr in High Point, NC and zip code 27262 in the Emerywood Forest neighborhood. This home was built in 1967. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $400,000.
In March 2024 more than 28 listings in High Point, NC were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 76 were sold below. In March 2024 in High Point, NC there were 7.2% more homes for sale than in February 2024. Listings spent 41 days on the market in March 2024, and had a median list price of $254,330 during the same period.
From Rocket Homes Real Estate and based on county public records data.