$889,000
●
House -
Off Market
4107 Cheek Point Place
Burlington, NC 27215
6 Beds
6 Baths,
1
Half Bath
5,871 Ft²
$884,349
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
NEW PRICE!! FABULOUS OPPORTUNITY IN WATERFORD - BURLINGTON!!
Amazing NEW PRICE on this custom 4 sided brick w stone accents home
- Offering 5871 sq ft, 6BR/5.5BA, high end luxury throughout
in millwork, soaring trey & cathedral ceilings, custom cabinetry &
hardwoods. Open Living, Dining, Family rm w gas log FP, built-ins,
Gourmet kitchen w lg island, granite, tiled backsplash, gas
cooktop, double ovens, walk-in pantry. Primary suite main
level w luxury bath & dual closets, BR 2 & 3 share a separate wing
with Jack & Jill BA. BR 4 - main level would make a great office.
Huge Bonus Rm w closet & full bath, office, walk-in attic.
Guest suite (BR6) w ensuite full bath, tiled shower, WIC;
Theatre/Bonus Rm, kitchenette, 1/2 BA. SPACIOUS Main & Lower
Screened porches, patio for outdoor relaxation/entertainment look
out on the private .48 acre cul-de-sac lot which backs up to a
stream and wooded common area, 3 Car Garage. Community Pool &
Tennis. Convenient to shopping, restaurants and I40/85 for travel.
A MUST SEE!!
Unit Size
5,871 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$152
Property Type
House
Property Taxes
$963
HOA Dues
$75
Year Built
2007
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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: 3 years ago (TMLS #2474742)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 29, 2024 | No longer available | - | |
| No longer available | |||
| Dec 3, 2023 | Listed by Allen Tate Realtors-Garden Road | $889,900 | |
| Listed by Allen Tate Realtors-Garden Road | |||
| | |||
|
NEW PRICE!! FABULOUS OPPORTUNITY IN WATERFORD - BURLINGTON!! Amazing NEW PRICE on this custom 4 sided brick w stone accents home - Offering 5871 sq ft, 6BR/5.5BA, high end luxury throughout in millwork, soaring trey & cathedral ceilings, custom cabinetry & hardwoods. Open Living, Dining, Family rm w gas log FP, built-ins, Gourmet kitchen w lg island, granite, tiled backsplash, gas cooktop, double ovens, walk-in pantry. Primary suite main level w luxury bath & dual closets, BR 2 & 3 share a separate wing with Jack & Jill BA. BR 4 - main level would make a great office. Huge Bonus Rm w closet & full bath, office, walk-in attic. Guest suite (BR6) w ensuite full bath, tiled shower, WIC; Theatre/Bonus Rm, kitchenette, 1/2 BA. SPACIOUS Main & Lower Screened porches, patio for outdoor relaxation/entertainment look out on the private .48 acre cul-de-sac lot which backs up to a stream and wooded common area, 3 Car Garage. Community Pool & Tennis. Convenient to shopping, restaurants and I40/8 The manager has listed the unit size as 5871 square feet.
| |||
| Sep 22, 2023 | Sold | ||
| Sold | |||
| Sep 16, 2022 | Listed by Allen Tate/Burlington | $889,900 | |
| Listed by Allen Tate/Burlington | |||
| May 30, 2008 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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Baths
ft²
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About Burlington
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Listed by: Karen Lyon, Allen Tate/Burlington
Last Updated: 3 years ago
Data Source: TMLS, MLS# 2474742
Last Updated: 3 years ago
Data Source: TMLS, MLS# 2474742
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