45
Map
$460,000
●
House -
For Sale
1426 Cherry Drive
Burlington, NC 27215
5 Beds
3 Baths
2,504 Ft²
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$2,624
Est. Monthly
About This Property
Stately brick 5 bedroom home on two lots on just over one acre in
West Burlington. Relax in the sunny, paneled den with beamed
ceiling, fireplace and built-ins. Roof replaced and interior
painted in Sept. 2026. A main floor bedroom adds flexibility,
while the second floor features 4 additional bedrooms, including a
primary suite with en-suite bath and 2 closets. Office with
built-ins for the work-from-home folks. Large unfinished walkout
basement with fireplace, waiting for your touch. An oversized two
car garage offers ample space for vehicles, storage and hobbies.
Wooded back yard for privacy. Convenient to Burlington Day School,
Elon University and Alamance Country Club.
Unit Size
2,504 Ft²
Days on Market
8 days
Land Size
1.14 acres
Price per sqft
$184
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1969
Listed By
Beth Glidewell
Keller Williams Central
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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: 3 days ago (TMLS #10200828)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2026 | Listed by Keller Williams Central | $460,000 | |
| Listed by Keller Williams Central | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage, Garage Door Opener, Garage Faces Side, Inside Entrance, Kitchen Level, Oversized
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Bookcases, Ceiling Fan(s), Crown Molding, Double Vanity, Eat-in Kitchen, Entrance Foyer, Natural Woodwork, Pantry, Bathtub/Shower Combination, Dual Closets, Shower Only, Smooth Ceilings
Flooring Type: Carpet, Ceramic Tile, Hardwood, Linoleum, Tile
Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup
Rooms: 12
Has Fireplace
Fireplace Features: Basement, Den
Fireplaces: 2
Basement: Block, Daylight, Exterior Entry, French Drain, Interior Entry, Sump Pump, Unfinished, Walk-Out Access, Heated
Exterior Details
Square Footage: 2504
Architectural Style: Traditional
Year Built: 1969
Building Area Total: 2504
Levels: Two
Window Features: Storm Window(s)
Construction Materials: Brick Veneer
Patio and Porch Features: Covered, Front Porch
Lot Features: Corner Lot, Front Yard, Landscaped, Hardwood Trees
Lot Size Area: 1.14
Lot Size Units: Acres
Lot Size Acres: 1.14
Lot Size Square Feet: 49658
Water Source: Public
Financial Details
Tax Map Number: 84-85
Tax Assessed Value: $414,119
Tax Annual Amount: $4,380
Utilities Details
Cooling Type: Central Air, Electric, Zoned
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Burlington
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Listed by: Beth Glidewell, Keller Williams Central
Last Updated: 3 days ago
Data Source: TMLS, MLS# 10200828
Last Updated: 3 days ago
Data Source: TMLS, MLS# 10200828
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