Tract 5 Old Allensville Road
About This Property
PROPERTY RESTRICTIONS & FEATURES:
Property is restricted to single-family residential use and non-commercial agricultural use only. Mobile homes (single-wide and double-wide) and on-frame modular homes are not permitted.
Driveways must be constructed with a culvert meeting state standards.
All well and septic systems must comply with Person County Health Department and North Carolina state regulations.
NO HOA. No minimum square footage requirements, no architectural restrictions, and no required timeline to build. Agricultural use is permitted, allowing for added flexibility.
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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 |
|---|---|---|---|
| Mar 13, 2026 | Price Decreased |
$179,900
↓ $100
(0.1%) | |
| Price Decreased | |||
| Nov 14, 2025 | Listed by EXP Realty LLC | $180,000 | |
| Listed by EXP Realty LLC | |||
| Feb 23, 2023 | Sold | ||
| Sold | |||
| Nov 7, 2022 | Listed by Coldwell Banker HPW | $35,000 | |
| Listed by Coldwell Banker HPW | |||
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You'll love this mostly cleared, gently-sloped building lot! Already permitted for a 4BR home - it's ready for you to build or bring your modular or doublewide! Very convenient to the center of Roxboro in Person County, but still rural and quiet! Just a 4-minute drive to shopping & restaurants! Come see why "It's Better In Person"! **OFF-STREET PARKING IS AVAILABLE AT LOT 4**
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017