4938 Burkemont Rd Morganton, NC 28655

3 beds · 1,390 sq ft · Lot Size: 47,916 sq ft · Single Family Home
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4938 Burkemont Rd is in the 28655 neighborhood of Morganton, NC. It is located in Burke County and ZIP code 28655. This Single Family Home was built in 1993 and is approximately 32 years old. The single family home spans 1390 sq ft with 3 bedrooms and sits on a 47916 sq ft lot. Analyze and compare real estate investment strategies for properties like this home at 4938 Burkemont Rd Morganton, NC 28655 with Property Intel by Whitepages.

Investment Potential for 4938 Burkemont Rd

The property has a current estimated value of $172,854, which is 20% below the zip median. Projected long-term rental income is $34,200 annually ($2,850 per month) with a 86% occupancy rate.

Long-Term

Gross Rental
$34,200 per year($2,850 per month)
Net Operating Income
Cap Rate
Occupancy Rate
86%in 28655 zip code
 
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Owners & Occupancy for 4938 Burkemont Rd

This property is owned by Dwight R Anderson. Owner contact information includes 10 phone numbers and 5 email addresses.

Property Owners

Cell Phone(828) ***-****
Residence*************
Landline(828) 433-8504+ 6 more
Distance from Property**********
Email Address************@gmail.com
Cell Phone(715) ***-****
Residence*************
Landline(507) 650-0853+ 10 more
Distance from Property**********
Email Address**********@prodigy.net

Property Ownership Information

Property Tax Amount$1,347 in 2024

Occupancy

Current Occupancy*****View Occupancy
Resident 1********************* age 33
Resident 2**************** age 68
Resident 3***************** age 64

Property Details for 4938 Burkemont Rd

Property Details

Property Sq Ft

Living Area

1,390 sq ft

Compare to 28655

Lot Size

47,916 sq ft

Compare to 28655

Price Per Sq Ft

Living Area

$124 / sq ft

Compare to 28655

Lot Size Area

$4 / sq ft

Compare to 28655
Property condition, age, exterior, etc. for 4938 Burke…
Longitude: -81.702431 Latitude: 35.675267 Parcel Number (APN): 33497…
Mortgage originated on through lender: UNKNOWN for$*****View Mortgage Details
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Market Benchmarks

Compare data for 4938 Burkemont Rd in Burke County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$172,854
$275,142
-$102,288 (-37%)
$398,141
-$121,463 (-31%)
YoY Price Change
2.32%
120%
Year Built
1993
1990
3 years
Living Space
1,390 sq ft
1,589 sq ft
-199 (-13%)
$ Per Living Sq Ft
$124
$169
-$45 (-26%)
Lot Size
47,916 sq ft
20,473 sq ft
27443 (134%)
$ Per Lot Sq Ft
$4
$17
-$13 (-78%)

Net Operating Income
$17,038
$9,957 (58%)
Annual Revenue
$34,200
$22,800
$11,400 (50%)
$5,773
$1,432 (25%)
Net Operating Income
$17,038
$9,957 (58%)
Cap Rate
6%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians