York
1 Ocean Meadows Drive #16
$417,857*
●
Condo -
Off Market
1 Ocean Meadows Drive #16
Ogunquit, ME 03907
2 Beds
2 Baths
$378,000 - $460,000
Reference Base Price*
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Welcome to Ocean Meadows - whether you are looking for a year round
place to call home in Ogunquit or a seaside escape - you have found
it! Ocean Meadows is conveniently located and accessible to
Footbridge Beach, Downtown Ogunquit, Ogunquit Beach and some of the
areas best restaurants. Come enjoy life at Ocean Meadows today -
this two bedroom two bath single level condo is perfect for you!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$200
HOA Dues
-
Year Built
-
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
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Operating Profit Per Year
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2023 | No longer available | - | |
| No longer available | |||
| Oct 20, 2023 | Listed | $699,000 | |
| Listed | |||
| | |||
|
1 Ocean Meadows Drive Unit 16 is not a just a condominium; it's an invitation to a coastal lifestyle that's second to none. The Ocean Meadows community offers unparalleled proximity to the renowned Ogunquit Beach and the heart of the village. Live just minutes away from fine dining, shopping, art galleries and Ogunquit's vibrant night life. Stroll along the marginal way, a meandering path along the rocky coast of the Atlantic Ocean, or attend a live theatre performance at the Ogunquit Playhouse. The unit has recently been updated with modern finishes such as new wood flooring throughout, tiled bathrooms and a brand new kitchen complete with new cabinets, stainless steel appliances and quartz counter tops. The unit is an end unit and offers a large deck, which is located off the living room, abutting the trees. The community pool is just a short walk away and a one-car attached garage is great with a large amount of additional storage. This is your chance to make the coastal dream a reality! Open House Sunday 10/22 from 11-1.
| |||
| Jul 14, 2023 | No longer available | - | |
| No longer available | |||
| Jul 9, 2023 | Listed | $419,000 | |
| Listed | |||
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/09/2023
|
2 Bed
|
2 Bath
|
-
|
$419,000
2 Bed
2 Bath
|
-
-
|
Dawson Sibley
RE/MAX Realty One
| |
|
09/28/2023
|
2 Bed
|
2 Bath
|
-
|
$625,000
2 Bed
2 Bath
|
-
-
|
Adam Hedio
Coldwell Banker Realty
| |
|
07/20/2022
|
3 Bed
|
3 Bath
|
2020 ft²
|
$749,000
3 Bed
3 Bath
2020 ft²
|
$775,000
+3.47%
08/29/2022
|
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
| |
|
07/19/2021
|
4 Bed
|
3 Bath
|
-
|
$575,000
4 Bed
3 Bath
|
$575,000
08/30/2021
|
Kenneth Knowles
RE/MAX Realty One
| |
|
07/19/2021
|
3 Bed
|
3 Bath
|
-
|
$495,000
3 Bed
3 Bath
|
$495,000
08/30/2021
|
Donna DuBois-Miller
Keller Williams Coastal Realty
| |
|
06/04/2021
|
3 Bed
|
3 Bath
|
-
|
$629,000
3 Bed
3 Bath
|
$300,000
-52.31%
09/01/2021
|
Margaret MacKenna
207 Prime Properties, LLC
| |
|
10/09/2020
|
2 Bed
|
2 Bath
|
-
|
$395,000
2 Bed
2 Bath
|
$369,900
-6.35%
02/26/2021
|
Nola Cady
Keller Williams - Portsmouth
| |
|
09/17/2020
|
3 Bed
|
2 Bath
|
1549 ft²
|
$449,900
3 Bed
2 Bath
1549 ft²
|
$449,000
-0.20%
11/12/2020
|
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
| |
|
08/10/2020
|
2 Bed
|
2 Bath
|
1358 ft²
|
$449,900
2 Bed
2 Bath
1358 ft²
|
$274,900
-38.90%
10/06/2020
|
Anne Erwin Real Estate
Anne Erwin Sothebys International Rlty
| |
|
06/01/2020
|
3 Bed
|
3 Bath
|
2316 ft²
|
$499,000
3 Bed
3 Bath
2316 ft²
|
$488,000
-2.20%
07/31/2020
|
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
| |
|
04/22/2020
|
3 Bed
|
3 Bath
|
-
|
$439,900
3 Bed
3 Bath
|
$403,100
-8.37%
08/04/2020
|
Carolyn Weller
| |
|
09/07/2019
|
4 Bed
|
3 Bath
|
3448 ft²
|
$469,000
4 Bed
3 Bath
3448 ft²
|
-
-
|
-
| |
|
08/21/2019
|
3 Bed
|
3 Bath
|
1760 ft²
|
$359,000
3 Bed
3 Bath
1760 ft²
|
$335,000
-6.69%
11/12/2019
|
Nola Cady
KW Coastal and Lakes & Mountains Realty
| |
|
08/10/2019
|
4 Bed
|
3 Bath
|
-
|
$445,900
4 Bed
3 Bath
|
$418,000
-6.26%
11/08/2019
|
Carolyn Weller
| |
|
07/29/2019
|
3 Bed
|
3 Bath
|
-
|
$529,900
3 Bed
3 Bath
|
-
-
|
-
| |
|
06/12/2018
| |
3 Bed
|
3 Bath
|
1812 ft²
|
-
3 Bed
3 Bath
1812 ft²
|
-
-
|
-
|
|
07/08/2017
| |
2 Bed
|
3 Bath
|
1658 ft²
|
-
2 Bed
3 Bath
1658 ft²
|
-
-
|
-
|
|
01/04/2017
|
2 Bed
|
3 Bath
|
1658 ft²
|
$329,700
2 Bed
3 Bath
1658 ft²
|
$333,500
+1.15%
10/06/2017
|
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
| |
|
09/01/2016
|
4 Bed
|
3 Bath
|
1638 ft²
|
$329,900
4 Bed
3 Bath
1638 ft²
|
$290,600
-11.91%
03/20/2017
|
Anne Erwin Real Estate
Anne Erwin Sothebys International Rlty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017