$349,900
↓ $8K (2.3%)
●
House -
Off Market
889 Burlington Road
Roxboro, NC 27573
3 Beds
2 Baths
1,869 Ft²
$348,945
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
JUST LIKE NEW! This immaculately renovated home in the Pine Lakes
Subdivision is move-in ready! Sit on the new back deck and enjoy
the waterfront view, just outside the French doors leading to the
deck. Inside, you can enjoy the open concept of the
kitchen/breakfast room and living room/dining room! New roof with a
50-year warranty! New gas HVAC with natural gas heat and central
air! All new appliances, including a natural gas stove! New quartz
countertops in kitchen! New ceramic tile features in both
bathrooms! New windows! All new light fixtures and ceiling fans,
cabinets, plumbing fixtures and door/cabinet handles and knobs! New
insulation and vapor barrier underneath the home! New gutters! All
work permitted and inspected by the Person County Inspection
Department! Located less than a mile outside the city limits of
Roxboro, enjoy having city water service without paying city taxes!
Unit Size
1,869 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$187
Property Type
House
Property Taxes
$90
HOA Dues
-
Year Built
1964
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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 #2513145)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2025 | Price Decreased |
$340,000
↓ $8K
(2.3%) | |
| Price Decreased | |||
| Apr 18, 2025 | Price Decreased |
$348,000
↓ $2K
(0.6%) | |
| Price Decreased | |||
| Mar 3, 2025 | Relisted | $350,000 | |
| Relisted | |||
| Jan 29, 2025 | In contract | - | |
| In contract | |||
| Jan 6, 2025 | Listed | $350,000 | |
| Listed | |||
| | |||
|
Charming Brick Lakeside Retreat with 3 Bedrooms in Roxboro!
Escape to tranquility at this 3-bedroom, 2-bath brick home nestled on the shores of a serene small neighborhood lake, offering water views and peaceful living. Located in Pine Lakes, this property combines charm, space, and a lakeside location. You can relax and fish or put in your paddle boat from your own backyard. You will not be disappointed with the open concept with new updates throughout.
| |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Person
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Listed by: Timothy Chandler, Keller Williams Preferred Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2513145
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2513145
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