$1,401

closing credit¹

903 N Park Rd Burlington, NC 27217

$118,000
2 beds
1 full
910 sqft
0.2 acres
$130 / sqft
House

Property details

About 903 N Park Rd

Investment Opportunity: Ranch-style property in Burlington on a .18-acre lot. This property features two bedrooms with carpeting, a bathroom with a tub/shower combo and vinyl flooring, and a covered porch. Currently rented at $630/month with a month-to-month lease, well below market value, offering significant potential for rental income growth. The property is priced at over a 7.2% CAP rate based on fair market rental rates. New roof installed in 2021. Sold AS-IS. Don't miss this opportunity to increase cash flow in a desirable location!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size910 sqft
Lot size0.18 Acres
Year built1995
ParkingDriveway, Outside
MLS #10072296

Summary

  • MLS Number: 10072296
  • MLS Name: Doorify MLS
  • Office Name: Berkshire Hathaway HomeService
  • Office Phone: (919) 383-4663
  • Office Email: Tracey.Goetz@bhhsysu.com
  • Listing Agent: Stephen Fleming, Mark VanAlstyne

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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.

Properties subject to prior sale, change, withdrawal or rental. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/27/2025, 9:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property

$118,000

903 N Park Rd

$1,401

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 02, 2018
Home Sold
$51,000

Tax history

YearAssessmentProperty Tax
2024$128,069$600
2023$128,069$553
2022$57,160$339
2021$57,160$339
2020$57,160$722
2018$57,160$676
2017$57,160$672

History based on county public records data.

Nearby schools

4

Eastlawn Elementary School

Public District PK-5

1.3 mi

502 N Graham Hopedale Rd

3

Hillcrest Elementary School

Public District PK-5

2.4 mi

1714 W Davis St

5

R. Homer Andrews Elementary School

Public District PK-5

2.6 mi

2630 Buckingham Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $35,357. Residents of Burlington, NC typically earn less than $<35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

49%
<35k
46%
35k-100k
4%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
29%
Single, with Kids
18%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
10%
12-17 yrs old
21%
18-34 yrs old
36%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral
  • White CastleWhite Castle

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Adult StandardsAdult Standards
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 903 N Park Rd

This home is located at 903 N Park Rd in Burlington, NC and zip code 27217. This 910 square foot home, which was built in 1995, sits on a 0.18 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $118,000.

While more than 21 listings in Burlington, NC in December 2024 were sold above asking price, there were more than 14 listings sold at asking price, and more than 40 were sold below. The inventory of homes for sale in Burlington, NC between November and December 2024 decreased by 9%. The median list price of listings available in December 2024 was $275,060, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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