$242,000
●
House -
Off Market
2546 Dare Street
Burlington, NC 27217
4 Beds
1 Bath
725 Ft²
$231,791
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Picture yourself relaxing in the well-landscaped backyard
overlooking the peaceful stream as you contemplate your plans for
the day. This home is a rare find with 4 bedrooms and a full mostly
finished basement with a large storage area and workshop perfect
for any projects. this home has been well taken care of and is in
amazing move-in condition. A Stove, SS Side By Side Fridge, washer,
and dryer are included with a full-price offer. Down Stairs closets
are cedar lined.
Unit Size
725 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$317
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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 #122738)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 19, 2022 | Sold | ||
| Sold | |||
| Mar 31, 2022 | Listed by AHB Realty and Property Mgmt. | $230,000 | |
| Listed by AHB Realty and Property Mgmt. | |||
| | |||
|
Picture yourself relaxing in the well-landscaped backyard overlooking the peaceful stream as you contemplate your plans for the day. This home is a rare find with 4 bedrooms and a full mostly finished basement with a large storage area and workshop perfect for any projects. this home has been well taken care of and is in amazing move-in condition. A Stove, SS Side By Side Fridge, washer, and dryer are included with a full-price offer. Down Stairs closets are cedar lined.
| |||
Property Highlights
Parking Available
Air Conditioning
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
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Listed by: Bill Sandford, AHB Realty and Property Mgmt.
Last Updated: 2 years ago
Data Source: TMLS, MLS# 122738
Last Updated: 2 years ago
Data Source: TMLS, MLS# 122738
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