$260,000
●
House -
Off Market
229 Rolling Road
Burlington, NC 27217
3 Beds
2 Baths
1,272 Ft²
$1,496
Est. Monthly
7.53%
Cap Rate
About This Property
Welcome to 229 Rolling Road, nestled in the heart of Historic
Beverly Hills, officially designated in 2009. Originally built in
1935, this home was completely rebuilt in 2018 following a fire,
with only the original basement remaining.
Step inside from the charming covered front porch into a bright, open-concept living space that includes the living room, dining area, and a modern kitchen featuring a breakfast bar and a spacious two-door pantry.
The primary ensuite offers space for a king-sized bed, dual closets, and a stylish barn door leading to a private bath with double sinks and a large walk-in shower. Convenient laundry access is located off both the primary bath and the kitchen.
Two additional guest bedrooms share a full hall bath with a tub/shower combo and single vanity. Additional features include a generous linen closet, luxury vinyl plank flooring throughout, and a refrigerator, Washer & Dryer all remain.
Enjoy privacy in the fenced backyard with white vinyl fencing. Note: Small encroachments from a neighboring property-please review the survey.
Step inside from the charming covered front porch into a bright, open-concept living space that includes the living room, dining area, and a modern kitchen featuring a breakfast bar and a spacious two-door pantry.
The primary ensuite offers space for a king-sized bed, dual closets, and a stylish barn door leading to a private bath with double sinks and a large walk-in shower. Convenient laundry access is located off both the primary bath and the kitchen.
Two additional guest bedrooms share a full hall bath with a tub/shower combo and single vanity. Additional features include a generous linen closet, luxury vinyl plank flooring throughout, and a refrigerator, Washer & Dryer all remain.
Enjoy privacy in the fenced backyard with white vinyl fencing. Note: Small encroachments from a neighboring property-please review the survey.
Unit Size
1,272 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$204
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
2019
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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 #10112801)
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Burlington
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Listed by: Lucinda Dudley, Keller Williams Central
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10112801
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10112801
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