$340,000
●
House -
Off Market
1067 Mccray Road
Burlington, NC 27217
3 Beds
2 Baths
2,867 Ft²
$1,965
Est. Monthly
About This Property
All in love with Country Living while also being minutes from town!
Nestled on a wide, open lot surrounded by mature trees and scenic
views, this Brick home invites you to sit down and enjoy every
season. Inviting covered front Porch- perfect for rocking chairs
and evening sunsets. Step inside to find rich wood accents, exposed
beams and Brick Fireplace that create a warm atmosphere throughout
the spacious Living Room/Den area. Kitchen and Dining have vintage
charm with functional space and access to large Sunroom(375 sq. ft.
not included in total heated sq. footage) with a view- ideal for
morning coffee or gathering. Main floor features 3 Bedrooms,
including a generous Primary Suite, while the full, finished
Basement offers 28x23 Recreational area, 22x23 Flex area with Brick
Fireplace, Laundry, sink/counter area and plumbing for shower with
endless potential for hobbies or multi-generational living. Outside
you will find a covered Patio, 2-single Carports and a classic
Tobacco Barn outbuilding.
Unit Size
2,867 Ft²
Days on Market
-
Land Size
2.27 acres
Price per sqft
$129
Property Type
House
Property Taxes
$152
HOA Dues
-
Year Built
1965
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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: 11 months ago (TMLS #10130331)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Nov 22, 2025 | In contract | - | |
| In contract | |||
| Oct 29, 2025 | Listed by Keller Williams Central | $369,000 | |
| Listed by Keller Williams Central | |||
| Jul 10, 2020 | Sold | ||
| Sold | |||
| Mar 19, 2020 | Listed by Keller Williams Central | $235,000 | |
| Listed by Keller Williams Central | |||
Property Highlights
Garage
Parking Available
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 Alamance
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Listed by: Margaret McCann, Keller Williams Central
Last Updated: 11 months ago
Data Source: TMLS, MLS# 10130331
Last Updated: 11 months ago
Data Source: TMLS, MLS# 10130331
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