$415,000
●
House -
Off Market
1038 Glenview Lane
Burlington, NC 27215
3 Beds
3 Baths
3,556 Ft²
$416,653
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Step into this mid-century modern home built in 1973. This 3
bedroom, 3.5-bathroom residence is a harmonious blend of comfort
and functionality. Natural light floods the interior through large
windows, creating a warm and inviting ambiance. The open floor plan
seamlessly connects the living, dining, and kitchen areas, perfect
for entertaining. This timeless gem embodies mid-century modern
living, blending vintage charm with modern amenities. On an
exceedingly private lane with extreme privacy yet close proximity
to shopping and restaurants! Mother-in-law suite in basement. Roof
recently replaced, brand new fixtures, ceiling fans, faucets, and
Duke Energy rated as efficient! HVACs recently inspected. This
exclusive home won't last long!
Unit Size
3,556 Ft²
Days on Market
-
Land Size
1.16 acres
Price per sqft
$118
Property Type
House
Property Taxes
$29,116
HOA Dues
-
Year Built
1973
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (TMLS #2515361)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2023 | Sold | ||
| Sold | |||
| Jun 8, 2023 | Listed by Elevation Realty, LLC | $419,000 | |
| Listed by Elevation Realty, LLC | |||
| | |||
|
Step into this mid-century modern home built in 1973. This 3 bedroom, 3.5-bathroom residence is a harmonious blend of comfort and functionality. Natural light floods the interior through large windows, creating a warm and inviting ambiance. The open floor plan seamlessly connects the living, dining, and kitchen areas, perfect for entertaining. This timeless gem embodies mid-century modern living, blending vintage charm with modern amenities. On an exceedingly private lane with extreme privacy yet close proximity to shopping and restaurants! Mother-in-law suite in basement. Roof recently replaced, brand new fixtures, ceiling fans, faucets, and Duke Energy rated as efficient! HVACs recently inspected. This exclusive home won't last long!
| |||
| May 26, 2023 | No longer available | - | |
| No longer available | |||
| May 11, 2023 | Price Decreased |
$419,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| May 5, 2023 | Price Decreased |
$429,000
↓ $6K
(1.4%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Burlington
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Listed by: Carol Maddox, Elevation Realty, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2515361
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2515361
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