$269,900
●
House -
Off Market
209 Trail One
Burlington, NC 27215
3 Beds
2 Baths
1,493 Ft²
$1,521
Est. Monthly
6.89%
Cap Rate
About This Property
Welcome to 209 Trail One in Burlington, NC! Nestled in a central
location, this charming one-level brick ranch offers convenience
and comfort in abundance. Boasting a lush and private backyard with
beautiful, mature landscaping, this home provides a serene retreat
for relaxation and outdoor enjoyment. The heart of the home
features a cozy kitchen with a charming breakfast nook. A covered
carport ensures convenient parking and protection from the
elements. There is a large 13x28 wired storage building/workshop
and the home features a finished walk-up attic & a finished
bathroom (not counted in square footage or bathroom count.) Whether
you're a first-time buyer or looking to downsize, this home is for
you! Don't miss out on the chance to make this delightful property
your own and experience the best of Burlington living. Schedule
your showing today!
Unit Size
1,493 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$181
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1944
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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: 2 years ago (TMLS #10021949)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| Apr 9, 2024 | Listed by eXp Realty, LLC #2 | $269,500 | |
| Listed by eXp Realty, LLC #2 | |||
| | |||
|
Welcome to 209 Trail One in Burlington, NC! Nestled in a central location, this charming one-level brick ranch offers convenience and comfort in abundance. Boasting a lush and private backyard with beautiful, mature landscaping, this home provides a serene retreat for relaxation and outdoor enjoyment. The heart of the home features a cozy kitchen with a charming breakfast nook. A covered carport ensures convenient parking and protection from the elements. There is a large 13x28 wired storage building/workshop and the home features a finished walk-up attic & a finished bathroom (not counted in square footage or bathroom count.) Whether you're a first-time buyer or looking to downsize, this home is for you! Don't miss out on the chance to make this delightful property your own and experience the best of Burlington living. Schedule your showing today!
| |||
Property Highlights
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 Burlington
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Meagan L Nicholson, eXp Realty, LLC #2
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10021949
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10021949
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