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2851 Burbank Drive
About This Property
Welcome to 2851 Burbank Dr - where convenience meets privacy just minutes from Uptown Charlotte.
Tucked away on a rare 0.42-acre wooded lot, this home offers a peaceful backyard retreat with mature trees and a natural creek-perfect for relaxing evenings, entertaining, or enjoying a quiet escape from the city.
Inside, the home has been fully updated and is move-in ready, featuring rich hardwood floors, modern cabinetry, solid-surface countertops, stainless steel appliances, and a brand-new HVAC system (2024). With four bedrooms, there's plenty of space for loved ones, guests, or a home office setup.
Located just minutes from Uptown, CLT Airport, and the vibrant NoDa arts district, you get the best of both worlds: quick access to everything Charlotte offers, while still enjoying a private, nature-filled setting.
Buyer agents are welcome. Survey and floor plan available upon request.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Listed by Collective Realty LLC | $275,000 | |
| Listed by Collective Realty LLC | |||
| Mar 7, 2024 | No longer available | - | |
| No longer available | |||
| Mar 5, 2024 | Sold | ||
| Sold | |||
| Feb 2, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017