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York 04046
Lot 18 Marshall Point Road
Listed by: Jane Chase, Legacy Properties Sotheby's Int'l Realty, Selling Office: LandVest / CHRISTIE'S International Real Estate, Listing Courtesy of Prime MLS
$625,000
● Land - Off Market

Lot 18 Marshall Point Road

Kennebunk Port, ME 04046
bedrooms
Studio
bathrooms
0 Bath
$985,292
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Buildable lot in coveted Marshall Point with OCEAN VIEWS. Originally settled by the English and named by Captain John Smith in 1614. Today it is the home of Rachel Carson National Preserve and stately oceanfront homes. Nearby Goose Rocks Beach has nearly 3 miles of gorgeous wide sandy beach. Just 2 minutes from the Village of Cape Porpoise and 10 minutes from downtown Dock Square in Kennebunkport.
Unit Size
-
Days on Market
-
Land Size
0.69 acres
Price per sqft
-
Property Type
Land
Property Taxes
$151
HOA Dues
-
Year Built
1989

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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 #4652220)

Price History

Date / Event Date Event Price
Jun 8, 2018 Sold
Premium
Sold
Aug 3, 2017 Listed by Legacy Properties Sotheby's Int'l Realty $650,000
Listed by Legacy Properties Sotheby's Int'l Realty
Jan 25, 2016 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,200
  • Total Building Area: 1,312
  • Gross Building Area: 2,494
  • Building Area: 1,312
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,312
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000349
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • State Land Use Code: 101

Neighborhood

  • School District Name: Regional School Unit 21
  • School Tax School District: RSU 21
  • Census Tract: 027000

Zoning

  • Zoning: CPW

Geography

  • Account Number: 1785
  • Parcel: KENP M:22 B:9 L:49
  • Block: 9
  • Lot: 49
  • Municipality: KENNEBUNKPORT
  • Latitude: 43.375
  • Longitude: -70.4387

    Address

  • Full Address: 18 Mills Rd
  • Address - House Number: 18
  • Address - Street Name: Mills
  • Address - Suffix Type: Rd
  • State: ME
  • City Name: Kennebunkport
  • Zip Code: 04046

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $263,300

    Appraisal Valuation

  • Standard Deviation: 0.1947
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 74
  • Final Value: 599,073
  • High Value: 715,718
  • Low Value: 482,428

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $421,300
  • Assessed Land Value: $276,200
  • Assessed Improvements Value: $145,100

    Sales

  • Current Sale Recording Date: Jan 25, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 000000003181
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About York

Stats & Trends

Median Asking:

$630,000

Sale Price/ft²

$298

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2718 ft²

Average Home Age

36.4 years

Currently For Sale

77 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Prime

Listed by: Jane Chase, Legacy Properties Sotheby's Int'l Realty
Last Updated Date: 2018-06-12
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4652220
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.

Frequently Asked Questions

When was property at 18 Marshall Point Road built and last sold?
The property at 18 Marshall Point Road was built in 1989 and last sold on Jan 1, 1970 for $277,000.
How much is this home worth?
The estimated value of the home located at 18 Marshall Point Road is $0.
What are some comparable homes to 18 Marshall Point Road?
There are currently no comparable homes to 18 Marshall Point Road.
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