$570,000
●
House -
Off Market
2153 Traders Drive
Burlington, NC 27215
3 Beds
2 Baths,
1
Half Bath
$635,165
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Pristine Custom Built home nestled on 11+ Acres in Southern
Alamance! Gorgeous, Modern and Traditional finishes, with a perfect
touch of Farmhouse in the mix. You will love the Flow and Layout,
bursting with Natural Lighting and High End Finishes at every turn.
Begin your day watching the sunrise on the Wrap around Front Porch,
and end it relaxing by the Wood Burning Fireplace on the Screened
Back Porch. The Home sits privately in the rear portion of the Lot,
with views of mature trees surrounding, including some producing
pecan trees, and green pasture land at the front. With a couple of
small and simple changes, the property can accommodate Equestrian
use. Both the Barn and Storage Building are wired. This 2018 built
home is Practically New, has been Meticulously Maintained, and is
Truly a Diamond in the rough. Come see it for yourself! Truly a
Diamond in the rough. Come see it for yourself!
Unit Size
-
Days on Market
-
Land Size
11.32 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2018
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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 #118839)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Sep 3, 2024 | Listed by Fonville Morisey Realty | $849,900 | |
| Listed by Fonville Morisey Realty | |||
| | |||
|
***Sellers have accepted an offer, waiting on delivery of DD fee*** Beautiful Custom Built home nestled on 11.32 acres in Southern Alamance! Wonderful Modern and Traditional finishes throughout with a touch of Farmhouse decor. You will fall in love with the layout with abundance natural light and high-end finishes throughout. Enjoy your morning coffee on the wrap around front porch and evenings with your favorite beverage while relaxing on the screened back porch enjoying the wood burning fireplace and overlooking the beautiful new pool. (just installed Spring of 2023 with front privacy fence and pool shed) This property has two large, wired barns and a beautiful pasture ready for equestrian use. This home has been lovingly cared for and shows like new. You will not find a more beautiful property in this price point. Agent is related to sellers.
| |||
| Aug 10, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Berkshire Hathaway HomeService | $555,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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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
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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 Alamance
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Listed by: Brandon Lane Barbour, Berkshire Hathaway HomeService
Last Updated: 2 years ago
Data Source: TMLS, MLS# 118839
Last Updated: 2 years ago
Data Source: TMLS, MLS# 118839
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