$300,000
●
House -
Off Market
2928 Blanche Drive
Burlington, NC 27215
3 Beds
2 Baths,
1
Half Bath
1,522 Ft²
$1,645
Est. Monthly
6.98%
Cap Rate
About This Property
WELCOME to this updated storybook-style home in West Burlington
with timeless curb appeal. Featuring fresh ext. paint and new
gutters in 2023. UPDATES IN 2025 all new LVP
flooring/carpets, paint, updated light fixtures and enjoy the FP in
the spacious Living Room with French Doors leading to a large deck
that overlooks a spacious back yard surrounded by mature trees. The
stunning Kitchen boasts custom, all-wood Cabinetry with soft close
hinges, Quartz countertops, farmhouse sink, backsplash, SS
appliances, and an island with storage plus a full bath & laundry
on the main level. The Primary suite on the 2nd floor includes a
Quartz Vanity bath and walk-in Closet, with 2 additional bedrooms
upstairs and a full bath. ADDITIONAL 2025 UPDATES/REPORTS: Roof,
clouded windows replaced, moisture barrier, insulation secured,
foundation engineer report, Termite report, & electrical repairs.
Located near shopping, dining & schools, this move-in ready gem
blends modern comfort with classic charm.
Unit Size
1,522 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$197
Property Type
House
Property Taxes
$172
HOA Dues
-
Year Built
1977
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Cap Rate Calculator
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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: 12 months ago (TMLS #10119459)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2025 | Sold | ||
| Sold | |||
| Oct 28, 2025 | In contract | - | |
| In contract | |||
| Sep 30, 2025 | Relisted | $300,000 | |
| Relisted | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Sep 2, 2025 | Listed by Keller Williams Central | $300,000 | |
| Listed by Keller Williams Central | |||
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Property Highlights
Air Conditioning
Fireplace
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: Margaret McCann, Keller Williams Central
Last Updated: 12 months ago
Data Source: TMLS, MLS# 10119459
Last Updated: 12 months ago
Data Source: TMLS, MLS# 10119459
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