$210,000
↓ $5K (2.3%)
●
House -
For Sale
404 Palmetto Street
Lancaster, SC 29720
3 Beds
2 Baths
1,083 Ft²
$1,032
Est. Monthly
About This Property
Welcome to 404 Palmetto Street! This beautifully updated,
single-level home offers 3 bedrooms, 2 full bathrooms and 1,082.5
square feet of confirmed living space, significantly more than
reflected in some older public records. The inviting interior
features an updated kitchen, modern bathrooms, attractive flooring
and comfortable living spaces. Enjoy the covered front porch, rear
deck, and spacious fenced backyard situated on approximately half
an acre. Solar panels have been added, providing the potential for
greater energy efficiency. Conveniently located in Lancaster with
no HOA, this move-in-ready home is ready for its next owner.
Schedule your showing today!
Unit Size
1,083 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$194
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
Listed By
Erick Puerta
Rinehart Realty Corporation
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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 months ago (CANOPYMLS #CAR4409404)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2026 | Price Decreased |
$210,000
↓ $5K
(2.3%) | |
| Price Decreased | |||
| Jul 30, 2026 | Listed by Rinehart Realty Corporation | $215,000 | |
| Listed by Rinehart Realty Corporation | |||
| Oct 9, 2023 | Sold | ||
| Sold | |||
| Oct 8, 2023 | No longer available | - | |
| No longer available | |||
| Sep 10, 2023 | In contract | - | |
| In contract | |||
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Property Highlights
Air Conditioning
Parking Details
Parking Features: Driveway
Interior Details
Full Bathrooms: 2
Appliances: Electric Range, Refrigerator
Laundry Features: In Kitchen, Laundry Closet
Exterior Details
Square Footage: 1083
Architectural Style: Traditional
Year Built: 1950
Levels: One
Other Structures: Shed(s)
Construction Materials: Aluminum Siding, Vinyl Siding
Lot Features: Cleared, Level
Lot Size Area: 0.5
Lot Size Units: Acres
Lot Size Acres: 0.5
Lot Size Square Feet: 21780
Water Source: Public
Financial Details
Tax Assessed Value: $176,700
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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About Lancaster
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Listed by: Erick Puerta, Rinehart Realty Corporation
Last Updated: 2 months ago
Data Source: CANOPYMLS, MLS# CAR4409404
Last Updated: 2 months ago
Data Source: CANOPYMLS, MLS# CAR4409404
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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