$385,000
●
House -
Off Market
1936 Sinclair Trace
Burlington, NC 27215
4 Beds
3 Baths,
1
Half Bath
3,145 Ft²
$2,364
Est. Monthly
$255
HOA / Fees
6.15%
Cap Rate
About This Property
Well kept home in popular Mackintosh on the Lake... Avalon section.
One owner home. 1st Floor: 1/2 Bath, 9' Ceilings.
Smooth Ceilings, Ceiling Fans, Fireplace w/ Gas Logs, Granite
Counter Tops with a pantry between the kitchen and the dining room.
2nd Floor: Carpet in the Bedrooms and walk-closest in 3
bedrooms, ceiling fans in all 4 spacious bedrooms. 3rd
Floor: Bonus Room with carpet, a ceiling fan and a full bath. On
the 1st. Floor the kitchen opens to the living room/den. There are
3 1/2 baths total. The Primary Suite (15.8x14) has double sinks,
separate Shower & Tub ... The dimensions of the other
bedrooms are (12x11.3), (14.5x13), 14x11.5) on 2nd floor. 3rd floor
Bonus Room (18x14.5) has a FULL Bath on that level. 2nd Floor
Laundry Rm (10x5.5), Bonus Room w/ Storage on 3rd floor.
Home has great storage throughout. FENCED backyard for
pets or children or both. Hall bath on the 2nd floor has two sinks,
a large linen closet and separate water closet.
This well appointed home has plantation blinds throughout. The fire pit off the patio in the back yard will provide a warm and inviting spot for the coming Fall season.
This well appointed home has plantation blinds throughout. The fire pit off the patio in the back yard will provide a warm and inviting spot for the coming Fall season.
Unit Size
3,145 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$127
Property Type
House
Property Taxes
$145
HOA Dues
$255
Year Built
2015
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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 #10074161)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 22, 2026 | Sold | ||
| Sold | |||
| Dec 15, 2025 | In contract | - | |
| In contract | |||
| Jul 29, 2025 | Price Decreased |
$400,000
↓ $17K
(4.1%) | |
| Price Decreased | |||
| Jun 17, 2025 | Relisted | $417,000 | |
| Relisted | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
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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
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HOA + Taxes
About Burlington
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Listed by: Steve Whitfield, Whitfield Properties Team
Last Updated: 9 months ago
Data Source: TMLS, MLS# 10074161
Last Updated: 9 months ago
Data Source: TMLS, MLS# 10074161
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