$290,000
●
House -
Off Market
119 Gideon Place
Burlington, NC 27217
3 Beds
2 Baths,
1
Half Bath
1,963 Ft²
$1,683
Est. Monthly
$25
HOA / Fees
6.91%
Cap Rate
About This Property
Tucked away on a quiet cul-de-sac, this well-maintained 3-bedroom
home features a spacious open-concept layout with fresh paint,
brand-new upstairs carpet, and a new HVAC system was installed on
7/23/25. The fully fenced backyard offers a cozy fire pit-perfect
for relaxing evenings, entertaining guests, or giving pets space to
play. Inside, the main level boasts durable LVP flooring, a
generous dining area, and a well-equipped kitchen with a pantry.
The oversized primary suite showcases cathedral ceilings, a private
sitting area, dual walk-in closets, and a spa-like bath with a
garden tub and separate shower. Conveniently located just minutes
from downtown Mebane and I-40/I-85, this move-in-ready gem offers
the perfect blend of comfort, style, and location. Don't miss your
chance-schedule a showing today!
Unit Size
1,963 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$153
Property Type
House
Property Taxes
$184
HOA Dues
$25
Year Built
2017
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Cap Rate Calculator
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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: 12 months ago (TMLS #10107387)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 28, 2025 | Sold | ||
| Sold | |||
| Oct 30, 2025 | In contract | - | |
| In contract | |||
| Sep 15, 2025 | Price Decreased |
$299,990
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Aug 18, 2025 | Price Decreased |
$305,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Jul 25, 2025 | Price Decreased |
$310,000
↓ $1K
(0.3%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
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: Josh Jones, Image Realty Group, LLC
Last Updated: 12 months ago
Data Source: TMLS, MLS# 10107387
Last Updated: 12 months ago
Data Source: TMLS, MLS# 10107387
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