620 Normandy Road
About This Property
Enjoy peace of mind with all-new plumbing throughout installed in 2023, a new HVAC system added in 2024, and new windows and doors replaced in 2024 - enhancing both efficiency and comfort for years to come.
Inside, you'll find a functional layout with generous room sizes, abundant natural light, and inviting living spaces perfect for everyday living or entertaining. The large yard provides plenty of space for gardening, outdoor gatherings, or future possibilities.
Conveniently located near downtown Lancaster, shopping, dining, and local amenities, this home is ideal for first-time buyers, investors, or anyone seeking affordable small-town living with convenient access to the growing Charlotte metro area.
Whether you're searching for a starter home, rental property, or renovation opportunity, this property is full of possibilities!
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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 |
|---|---|---|---|
| Jul 24, 2026 | Sold | ||
| Sold | |||
| Jun 9, 2026 | In contract | - | |
| In contract | |||
| Jun 5, 2026 | Price Decreased |
$172,000
↓ $8K
(4.4%) | |
| Price Decreased | |||
| May 14, 2026 | Listed by Keller Williams Ballantyne Area | $179,900 | |
| Listed by Keller Williams Ballantyne Area | |||
| Oct 15, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017