new - 6 days on rocket

1336 Rayon St, Burlington, NC, 27217

$125,000

Home List Price

$1,484*

Closing Credit

0 Baths
Multi

Location

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1336 Rayon St, Burlington$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, On Street, No Garage
Year Built1943
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #1164088
Lot Size0.28 Acres
StatusActive

About 1336 Rayon St

Prime investment opportunity! Currently generating great rental income with tenants in place, this property offers stability and profitability. Nestled in a highly desirable location, this property also presents an enticing opportunity for renovation and resale. Sold As-Is. Tenant Occupied.

Property Details

Property Features

Property Information:

  • Year Built: 1943

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (888) 584-9431
  • Listing Agent: Caroline Barlow

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Flooring Type: Carpet, Vinyl

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, On Street, No Garage

Lot Features

Lot Information:

  • Lot: City Lot, See Remarks
  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head east on S Church St (US-70). Turn left onto N Beaumont Ave. Turn left onto Rayon St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
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Housing Market Comparison

See how this home compares to others in Burlington, NC.

Med. Sold Price

$275K

Med. Price/SqFt

$174

Avg. Days On Market

40

# of Sold Homes

81

1336 Rayon St vs Burlington

6 DAYS ON ROCKET

-34 Days

$125,000

-$150K Less

KEY TAKEAWAY

This property is $150K less than the Median Sold Price in Burlington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triad MLS
  • MLS Number: #1164088

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (888) 584-9431
  • Listing Agent: Caroline Barlow

IDX Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 3:20:46 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-80234
4
/10
  • Eastlawn Elementary School

  • 502 N Graham Hopedale Rd

  • 0.46 miles

  • Public District Grades PK-5

school-card-donut-80235
5
/10
  • R. Homer Andrews Elementary School

  • 2630 Buckingham Rd

  • 1.75 miles

  • Public District Grades PK-5

school-card-donut-80236
1
/10
  • Harvey R. Newlin Elementary School

  • 316 Carden St

  • 1.78 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,000. The most common annual income of people living in Burlington, NC is less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesNorth CarolinaAlamance CountyBurlington272171336 Rayon St

This home is located at 1336 Rayon St in Burlington, NC and zip code 27217. This home, which was built in 1943, sits on a 0.28 acre lot. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $125,000.

In November 2024, from all listings sold in Burlington, NC there were more than 12 sold above asking price, over 48 sold below and more than 21 were sold right at the asked price. The number of homes for sale in Burlington, NC increased by 2.3% between October 2024 and November 2024. In November 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $275,000.

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

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