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Monroe 28110
3648 Allenby Place
$440,000
● House - Off Market

3648 Allenby Place

Monroe, NC 28110
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,333 Ft²
$2,238
Est. Monthly
$52
HOA / Fees
7.94%
Cap Rate

About This Property

Welcome to this move-in ready two-story home with inviting outdoor spaces, including a covered front porch, a fenced backyard with storage shed, and a covered back patio-perfect for relaxing or entertaining. The kitchen features granite countertops, ample cabinetry, a large island with seating, and stainless-steel appliances. A main-level bedroom offers flexible options for guests or a home office. Upstairs, all four bedrooms boast walk-in closets, while the spacious primary suite impresses with a vaulted ceiling and private bath. Located in the Stratford community, residents enjoy access to a playground and picnic area, with Crooked Creek Park and Porter Ridge Schools just 10 minutes away. Schedule your showing today!
Unit Size
2,333 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$191
Property Type
House
Property Taxes
-
HOA Dues
$52
Year Built
2021

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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: 6 months ago (CANOPYMLS #CAR4284444)

Price History

Date / Event Date Event Price
Oct 1, 2025 Sold
Premium
Sold
Aug 27, 2025 In contract -
In contract
Aug 22, 2025 Price Decreased $445,000
↓ $5K (1.1%)
Price Decreased
Jul 30, 2025 Price Decreased $450,000
↓ $10K (2.2%)
Price Decreased
Jul 25, 2025 Listed by Keller Williams Ballantyne Area $460,000
Listed by Keller Williams Ballantyne Area
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,498
  • Total Building Area: 2,324
  • Gross Building Area: 2,324
  • Building Area: 2,324
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STRATFORD SUBDIVISION
  • Land Acres: 0000000241
  • Standard Land Use Code: 1999
  • County Land Use Code: 11
  • Legal Description 1: #111 STRATFORD PH2 OPCO96

Neighborhood

  • School District Name: Union County Public Schools
  • Census Tract: 020205

Geography

  • District: 8
  • Parcel: 08-270-180
  • Municipality: GOOSE CREEK TWP
  • Latitude: 35.0717
  • Longitude: -80.5702

    Address

  • Full Address: 3648 Allenby Pl
  • Address - House Number: 3648
  • Address - Street Name: Allenby
  • Address - Suffix Type: Pl
  • State: NC
  • City Name: Monroe
  • Carrier Code: R009
  • 4-Digit Zip Code: 9833
  • Zip Code: 28110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $330,531
  • Tax Rate Code Area: 200

    Market Valuation

  • Market Total Value: $303,100
  • Market Land Value: $60,200
  • Market Improvement Value: $242,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,100
  • Assessed Land Value: $60,200
  • Assessed Improvements Value: $242,900

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28822
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Monroe

Stats & Trends

Median Asking:

$380,000

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2329 ft²

Average Home Age

26.1 years

Currently For Sale

161 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1060 Merganser Way, Indian Trail, NC, 28079

$3,200 /mo

  • 5 Beds
  • 4 Baths
  • 3,657 ft²
1060 Merganser Way, Indian Trail, NC, 28079 Listing by Michael Dembek

Rentals Near You

Click here to view more rentals in the neighborhood.
CANOPYMLS

Listed by: Christina Lindsay, Keller Williams Ballantyne Area
Last Updated: 6 months ago
Data Source: CANOPYMLS, MLS# CAR4284444
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Frequently Asked Questions

When was property at 3648 Allenby Place built and last sold?
The property at 3648 Allenby Place was built in 2021 and last sold on Jun 15, 2021 for $328,000.
How much is this home worth?
The estimated value of the home located at 3648 Allenby Place is $449,450.
What are some comparable homes to 3648 Allenby Place?
There are currently no comparable homes to 3648 Allenby Place.
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