Listed by: Elias Thomas, Exit Key Real Estate, Selling Office: Exit Key Real Estate, Listing Courtesy of Prime MLS
$55,000
●
Condo -
Off Market
16 Mill Street Street #33
Sanford, ME 04083
2 Beds
1 Bath
864 Ft²
$124,069
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model
About This Property
Why Rent when you can own for less??? Newly carpeted 2-BR condo
within walking distance to Springvale Village. Enjoy the view of
the Mousam River from your covered open deck. Estimated monthly
cost for Mortgage + Taxes + Insurance = $600 and that is with NO
DOWN PAYMENT!!!
Unit Size
864 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$81
Property Type
Condo
Property Taxes
$141
HOA Dues
$180
Year Built
1988
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Cap Rate Calculator
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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: 3 years ago (Prime MLS #4453439)
Price History
Property Highlights
Parking Available
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Appliances: Water Heater - Electric
Basement Features: None
Exterior Details
Waterfront Frontage Length: 300
Construction Status: Existing
Construction Materials: Wood Frame, Shingle Siding
Construction Materials: None
Roof: Shingle - Other
Lot Features: Landscaped, Level, Water View
Lot Size Acres: 1
Lot Sqft: 43560
Financial Details
Taxes Gross Amount: $1,693
Utilities Details
Electric information: Circuit Breaker(s)
Heating Type: None
Cooling Type: None
Sewer Features: Public
Water Source: Public
Location Details
Location: From Main Street, opposite Springvale Library, take Mill Street, down the hill past river dam and turn into Haven Cove. Unit 33
Water Body Access: Yes
Water View: Yes
Zoning Information: residential
HOA Details
Association Fee2: $180
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 |
|---|---|---|---|---|---|---|---|
|
05/08/2024
| |
2 Bed
|
1 Bath
|
864 ft²
|
$190,000
2 Bed
1 Bath
864 ft²
|
-
-
|
Ann Lapierre
Town Square Realty Group
|
|
07/20/2023
|
2 Bed
|
1 Bath
|
-
|
$195,000
2 Bed
1 Bath
|
$169,900
-12.87%
02/14/2024
|
Brian Samia Gary Samia
Century 21 Samia Realty
| |
|
09/06/2023
|
2 Bed
|
1 Bath
|
-
|
$184,900
2 Bed
1 Bath
|
-
-
|
Carmen Lessard
RE/MAX Realty One
| |
|
10/13/2022
|
2 Bed
|
1 Bath
|
-
|
$159,900
2 Bed
1 Bath
|
-
-
|
Brian Samia Gary Samia
Century 21 North East
| |
|
05/05/2022
|
2 Bed
|
1 Bath
|
-
|
$149,900
2 Bed
1 Bath
|
-
-
|
Brian Samia Gary Samia
Century 21 North East
| |
|
01/22/2022
|
2 Bed
|
1 Bath
|
-
|
$89,900
2 Bed
1 Bath
|
-
-
|
Joyce Veroneau
Coldwell Banker Realty
| |
|
08/25/2021
|
2 Bed
|
1 Bath
|
-
|
$130,000
2 Bed
1 Bath
|
-
-
|
Ben Gallagher
Keller Williams - Greater Portland
| |
|
08/17/2021
|
2 Bed
|
1 Bath
|
-
|
$129,900
2 Bed
1 Bath
|
$145,000
+11.62%
10/05/2021
|
Catherine Bame
Coldwell Banker Realty
| |
|
08/03/2020
|
2 Bed
|
1 Bath
|
-
|
$78,900
2 Bed
1 Bath
|
$78,900
10/15/2020
|
Danielle Lape
| |
|
06/10/2020
|
2 Bed
|
1 Bath
|
-
|
$86,000
2 Bed
1 Bath
|
$90,000
+4.65%
07/21/2020
|
Frank Hennings
| |
|
03/09/2020
|
2 Bed
|
1 Bath
|
-
|
$80,000
2 Bed
1 Bath
|
-
-
|
-
| |
|
02/26/2020
|
2 Bed
|
1 Bath
|
864 ft²
|
$75,000
2 Bed
1 Bath
864 ft²
|
$68,355
-8.86%
05/15/2020
|
William Somerset
RE/MAX Realty Group
| |
|
11/09/2019
|
2 Bed
|
1 Bath
|
864 ft²
|
$89,000
2 Bed
1 Bath
864 ft²
|
-
-
|
-
| |
|
10/04/2019
|
2 Bed
|
1 Bath
|
-
|
$70,000
2 Bed
1 Bath
|
$87,500
+25.00%
11/06/2019
|
Margaret Hill
| |
|
04/03/2019
|
2 Bed
|
1 Bath
|
-
|
$80,000
2 Bed
1 Bath
|
-
-
|
-
| |
|
10/12/2018
| |
2 Bed
|
1 Bath
|
864 ft²
|
$75,000
2 Bed
1 Bath
864 ft²
|
-
-
|
-
|
|
09/29/2015
|
2 Bed
|
1 Bath
|
864 ft²
|
$69,900
2 Bed
1 Bath
864 ft²
|
$55,000
-21.32%
12/21/2015
|
Elias Thomas
Exit Key Real Estate
|
Building Info
About Springvale
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Listed by: Elias Thomas, Exit Key Real Estate
Last Updated Date: 2015-12-16
Last Checked: -3 hour ago
Data Source: Prime MLS, MLS# 4453439
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated Date: 2015-12-16
Last Checked: -3 hour ago
Data Source: Prime MLS, MLS# 4453439
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