$423,000
●
House -
Off Market
2146 Herron Road
Burlington, NC 27215
3 Beds
2 Baths,
1
Half Bath
1,410 Ft²
$581,138
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
LAKE MACKINTOSH - YOUR STAY AT HOME LAKEFRONT PARADISE W HUGE HOME
OFFICE!! Immaculate one-owner lakefront home offers two
levels of living space & stunning lake views on 1.51 acres! 3,877
sq ft, two spacious sunrooms offering wide views of the lake! 3
bedrooms on the main level w 2 full baths, living & dining, an
updated kitchen with center island, gas cooktop, double ovens,
tiled backsplash, new lighting, corian countertops & bright
breakfast area. Family Rm has a gas log fireplace, built-ins,
skylight and opens onto a spacious sunroom on the main level.
Off this sunroom is a nice screened porch. The finished
basement has a bonus rm, HUGE office w walk-in closet,
laundry, 1/2 bath & storage. From the lower sunroom you can
walk out onto a beautiful raised patio. Spacious workshop in the
basement & double garage. The 16 x 20 storage bld on a
permanent foundation offers extra storage. Only minutes to I40/85
in Burlington, convenient to restaurants and shopping! the basement
& double garage. The 16 x 20 storage bld on a permanent
foundation offers extra storage. Only minutes to I40/85 in
Burlington, convenient to restaurants and shopping!
Unit Size
1,410 Ft²
Days on Market
-
Land Size
1.51 acres
Price per sqft
$305
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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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 #104318)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2020 | Sold | ||
| Sold | |||
| Mar 19, 2020 | Listed by Allen Tate/Burlington | $429,900 | |
| Listed by Allen Tate/Burlington | |||
| Jul 16, 2019 | Listed by Allen Tate/Burlington | $429,900 | |
| Listed by Allen Tate/Burlington | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
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 Guilford
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Listed by: Karen Lyon, Allen Tate/Burlington
Last Updated: 2 years ago
Data Source: TMLS, MLS# 104318
Last Updated: 2 years ago
Data Source: TMLS, MLS# 104318
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