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134 Malcolm Lane, Rocky Mount, NC, 27801

2beds
1baths
1,000sqft
$129,900
$130price/sqft
$1,084/moest. monthly cost
$43,360/yrincome needed

About This Home

Investor opportunity with endless potential on 2.71 acres in Rocky Mount! Located on a private road, this property features a brick 2 bedroom, 1 bathroom home that is in need of extensive top-to-bottom renovations, making it ideal for investors, flippers, or buyers looking to create their dream homestead. The property also includes a barn, chain link fencing, and plenty of open space with room to expand, garden, or enjoy country-style living while still being conveniently located within Rocky Mount. Whether you are looking for your next renovation project or a larger piece of land with existing structures already in place, this property offers incredible potential and value.

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
25
BikeSomewhat Bikeable

Schools

4/10
G W Bulluck ElementaryGrades PK-54.9 mi
4/10
West Edgecombe MiddleGrades 6-83.6 mi
2/10
Southwest Edgecombe HighGrades 9-129.5 mi

Construction

Condition

  • Year built: 2002

Materials

  • Foundation: Slab
  • Roof: Architectural Shingle
  • Construction materials: See Remarks,Brick,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • None

Heating & Cooling

  • Heating features: Fireplace(s)
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,000
  • Total interior livable area: 1,000 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: 375847779200
  • Zoning: A1
  • Special condition: Standard

Features

  • Levels: One
  • Patio & porch: Front Porch
  • Fencing: Chain Link
  • Has view: Yes
  • View description: None
  • Frontage type: See Remarks
  • Living area range: 1000 - 1199

Lot

  • Lot size: 2.71 Acres
  • Lot size dimensions: 145 x 838 x 245 x 839 x 13 x 200 x 225 x 200 x 63 x 232 x 71 x 31

Parking

  • Parking features: Unpaved

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Inland Flooding
Strong Wind
Tornado
Cold Wave
Hail
Hurricane
Heat Wave
Lightning

FEMA Declared Disasters in Edgecombe County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $656$7,872
Home Insurance *$134$1,608
Property Taxes $94$1,128
Electricity $200$2,405
Total$1,084$13,008
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$37,165/yr
40% on housing$32,520/yr
45% on housing$28,906/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$130This listing

vs Other Active Listings

Avg $/sqft

ZIP 27801$79
Edgecombe County$88

vs Homes Sold Last Month

Median $/sqft

ZIP 27801$111
Edgecombe County$98

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-24Price change$129,900
2026-05-23Listed for sale$139,900
2025-05-12Sold$38,000

For Sale by Agent

AgentKathryn Greisiger
BrokerageAlluvium Elite Realty

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