17 Davis Road
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 16, 2022 | No longer available | - | |
| No longer available | |||
| Jul 20, 2021 | Listed by Signature Homes Real Estate Group, LLC | $899,000 | |
| Listed by Signature Homes Real Estate Group, LLC | |||
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Welcome to 17 Davis Road in beautiful Denmark, Maine. This expansive property includes 13 acres near the base of Pleasant Mountain with incredible picturesque views of Mount Washington. This retired tree farm is coated with Balsam Fir, fruit trees and thoughtful garden beds for full season blooms. The 4 bed, 3.5 bath home includes an updated first floor master suite, large laundry room, half bathroom, and indoor pool room with a 17' endless exercise pool and private changing room. Master bathroom has radiant floor heat for those cool mornings. The second floor offers another master suite, two additional bedrooms and full bath for plenty of privacy and space for the whole family. Feast your eyes on the ''Observation Room'' with a kitchenette perfect for hosting happy hour. Sip your coffee in the expansive sunroom, with easy access to the backyard for seamless entertaining. This home is equipped throughout with Daikon heat pumps, two wood burning stoves and a large fireplace for any season in Maine. The deck and gazebo is the perfect spot to enjoy the quiet surroundings of your slice of Maine heaven. The large barn has ample storage with a full overhead space above. 17 Davis Road is 2 miles from Denmark Beach & boat launch, 15 minutes to Shawnee Peak, 30 minutes to Conway, and an hour to Portland. Many updates throughout, see disclosure. Some furnishings to convey. BROKER Open House 7/22 from 10am-2pm
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| Apr 30, 2015 | Sold | ||
| Sold | |||
| Jul 14, 2014 | Listed by Badger Realty | $369,000 | |
| Listed by Badger Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017