$715,000
●
House -
Off Market
7240 Shoe Road
Burlington, NC 27215
3 Beds
3 Baths
3,306 Ft²
$3,591
Est. Monthly
2.76%
Cap Rate
About This Property
This modern farmhouse is charming and luxurious with its
well-thought-out design and high-end features.The Front Porch
provides a warm and welcoming appeal. The Grand Open Floor Plan is
great for entertaining or family gatherings. The Kitchen is a
standout feature with a Custom Hood, Kitchen Island, Quartz
Countertops, and Brass Fixtures. The Breakfast Nook and Pantry are
great additions in the kitchen space. The Owner Suite with Faux
Beams and an Owners Bath featuring a Walk-in Closet adds a touch of
luxury. The second bedroom with a Full Bath on the main floor adds
convenience. Upstairs, the 2 Additional Guest Bedrooms/Bonus Room
and a Full Bath provide flexibility for various needs, such as
living space or a home office. The Covered Back Porch allows
residents to enjoy the tranquility and natural surroundings. Only 5
minutes from Burlington or I40/85 highlights the convenient
location of the property. This exquisite modern farmhouse offers a
perfect blend of style and practicality. tranquility and natural
surroundings. Only 5 minutes from Burlington or I40/85
highlights the convenient location of the property.
This exquisite modern farmhouse offers a perfect blend of
style and practicality.
Unit Size
3,306 Ft²
Days on Market
-
Land Size
1.56 acres
Price per sqft
$219
Property Type
House
Property Taxes
$30
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #128985)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2024 | Sold | ||
| Sold | |||
| Dec 15, 2023 | No longer available | - | |
| No longer available | |||
| Nov 19, 2023 | Listed by eXp Realty, LLC | $799,000 | |
| Listed by eXp Realty, LLC | |||
| | |||
|
This modern farmhouse is charming and luxurious with its well-thought-out design and high-end features.The Front Porch provides a warm and welcoming appeal. The Grand Open Floor Plan is great for entertaining or family gatherings. The Kitchen is a standout feature with a Custom Hood, Kitchen Island, Quartz Countertops, and Brass Fixtures. The Breakfast Nook and Pantry are great additions in the kitchen space. The Owner Suite with Faux Beams and an Owners Bath featuring a Walk-in Closet adds a touch of luxury. The second bedroom with a Full Bath on the main floor adds convenience. Upstairs, the 2 Additional Guest Bedrooms/Bonus Room and a Full Bath provide flexibility for various needs, such as living space or a home office. The Covered Back Porch allows residents to enjoy the tranquility and natural surroundings. Only 5 minutes from Burlington or I40/85 highlights the convenient location of the property. This exquisite modern farmhouse offers a perfect blend of style and practicality. The manager has listed the unit size as 3306 square feet.
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
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 Guilford
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Amber Harvalias, eXp Realty, LLC - C
Last Updated: 2 years ago
Data Source: TMLS, MLS# 128985
Last Updated: 2 years ago
Data Source: TMLS, MLS# 128985
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017