$295,000
●
House -
Off Market
119 Telegraph Lane
Burlington, NC 27217
3 Beds
2 Baths,
1
Half Bath
1,960 Ft²
$1,702
Est. Monthly
$25
HOA / Fees
About This Property
Two-story single-family home in the Bedford Hills community in
Burlington. The floor plan offers approximately 1,960 sq ft with 3
bedrooms and 2.5 baths, including a spacious family room connected
to the kitchen and dining area. The kitchen is positioned adjacent
to the dining space, creating a functional main-level layout with
direct access to the patio.
The second floor includes a primary bedroom with 2 walk-in closets, two additional bedrooms, a dedicated laundry room, and multiple storage closets. The attached two-car garage and front porch add space and convenience, while the patio provides a great outdoor area for seating or dining.
The home is located near Burlington City Park, Alamance Crossing shopping, downtown Burlington dining options, and major road access including I-40/I-85.
Move-in ready with a practical layout and proximity to everyday amenities; this home is an incredible opportunity.
The second floor includes a primary bedroom with 2 walk-in closets, two additional bedrooms, a dedicated laundry room, and multiple storage closets. The attached two-car garage and front porch add space and convenience, while the patio provides a great outdoor area for seating or dining.
The home is located near Burlington City Park, Alamance Crossing shopping, downtown Burlington dining options, and major road access including I-40/I-85.
Move-in ready with a practical layout and proximity to everyday amenities; this home is an incredible opportunity.
Unit Size
1,960 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$152
Property Type
House
Property Taxes
$219
HOA Dues
$25
Year Built
2019
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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: 9 months ago (TMLS #10134264)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 18, 2026 | Sold | ||
| Sold | |||
| Jan 13, 2026 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Listed by Compass -- Raleigh | $297,000 | |
| Listed by Compass -- Raleigh | |||
Property Highlights
Garage
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Alamance
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Listed by: Gretchen Coley, Compass -- Raleigh
Last Updated: 9 months ago
Data Source: TMLS, MLS# 10134264
Last Updated: 9 months ago
Data Source: TMLS, MLS# 10134264
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