620 MAIN STREET
About This Property
Tucked away in the historic village section of Lumberton, this two-bedroom, one-bath home has been thoughtfully refreshed with new paint, beautifully refinished floors, and updates to both the kitchen and bath.
Start your tour on the oversized front porch-there's plenty of room for rocking chairs, a swing, or even a small dining table to enjoy summer evenings. Step inside and you'll find an open living and kitchen area with gorgeous views of the wooded backdrop. Around the corner, two bedrooms await-one is ideal for a guest room, office, or creative space-with a full hall bath connecting them.
The charm doesn't stop there: upstairs is an unfinished second floor brimming with potential, and the large basement with high ceilings is just waiting to be transformed. A covered breezeway leads to the detached garage, adding both functionality and storybook appeal.
Located just minutes from parks, shopping, 295, and the Turnpike, this home blends historic character with modern convenience in a picturesque setting.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed by Compass New Jersey, LLC - Moorestown | $265,000 | |
| Listed by Compass New Jersey, LLC - Moorestown | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017