$227,000
●
House -
Off Market
603 Maple Avenue
Burlington, NC 27215
3 Beds
2 Baths
1,211 Ft²
$4,365
Est. Monthly
-6.94%
Cap Rate
About This Property
Welcome to this lovely 3 - Bedroom, 2 - Bathroom home that
exudes character from the moment you enter. The entrance is
inviting and sets the tone for the charm that awaits you inside.
The kitchen is a standout feature, showcasing stunning granite
countertops, matte gray cabinets, a wide deep sink, a microwave,
and an electric range . The modern design and ample counter space
make meal preparation a breeze. The living room is equipped with a
ceiling fan for added comfort and circulation. You'll find plenty
of natural light throughout the house, creating a bright and airy
ambiance. Step out onto the wooden deck, where you can enjoy
outdoor living and relaxation.
Unit Size
1,211 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$196
Property Type
House
Property Taxes
$3,199
HOA Dues
-
Year Built
-
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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: 2 years ago (TMLS #128688)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 22, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | No longer available | - | |
| No longer available | |||
| Dec 9, 2023 | Listed by Allen Tate Realtors-Garden Road | $241,900 | |
| Listed by Allen Tate Realtors-Garden Road | |||
| | |||
|
Welcome to this lovely 3 - Bedroom, 2 - Bathroom home that exudes character from the moment you enter. The entrance is inviting and sets the tone for the charm that awaits you inside. The kitchen is a standout feature, showcasing stunning granite countertops, matte gray cabinets, a wide deep sink, a microwave, and an electric range . The modern design and ample counter space make meal preparation a breeze. The living room is equipped with a ceiling fan for added comfort and circulation. You'll find plenty of natural light throughout the house, creating a bright and airy ambiance. Step out onto the wooden deck, where you can enjoy outdoor living and relaxation. SELLER INSENTIVE OF $4,900.00 FOR BUYER CLOSING COST WITH A ACCEPTED OFFER.
| |||
| Oct 7, 2023 | Listed by Allen Tate/Burlington | $237,500 | |
| Listed by Allen Tate/Burlington | |||
| May 12, 2023 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
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: Jose Crespo, Allen Tate/Burlington
Last Updated: 2 years ago
Data Source: TMLS, MLS# 128688
Last Updated: 2 years ago
Data Source: TMLS, MLS# 128688
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