York
1801 Post Road #194
$198,923*
●
Townhouse -
Off Market
1801 Post Road #194
Wells, ME 04090
1 Bed
1 Bath
$126,000 - $152,000
Reference Base Price*
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Recognized as one of the best managed and maintained condos in
Southern Maine. This ''seasonal'' property is open and available
for use 10 months of the year (March 1 - December 31) This 1
bedroom, 1 bathroom unit has been fully remodeled. It offers
limited views of the marsh and ocean. In addition to being
completely repainted, the kitchen has new cabinets, granite
countertops, brand new stainless steel appliances, all new
carpeting & beautiful laminate flooring, painted wood baseboards,
and updated bathroom vanity and new stainless appliances. The unit
is truly move-in ready. Point East is considered one of the best
maintained condominium associations on the seacoast. Amenities
include a outdoor pool, convenient public laundry room and great
proximity to Drake's Island and Wells beaches, the highway,
restaurants and shopping. This unit offers a spacious screened-in
deck.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Townhouse
Property Taxes
$105
HOA Dues
-
Year Built
1987
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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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 |
|---|---|---|---|
| May 14, 2022 | No longer available | - | |
| No longer available | |||
| May 13, 2022 | Sold | ||
| Sold | |||
| Mar 2, 2022 | Listed | $249,999 | |
| Listed | |||
| | |||
|
This beautifully renovated condo is virtually brand new. This unit offers new cabinets, countertops, flooring, appliances, paint and more. Unlike other seasonal condo associations throughout Wells, Point East Condos are available for use 10 months of the year. The location is spectacular as it has close proximity to Drakes Island, other Wells beaches, shopping, restaurants and of easy access on/off Interstate 95. The condos are closed ONLY in January and February. Point East is consistently recognized for its outstanding HOA and management team. This unit offers limited views of the tidal marsh and ocean. Additionally, there are several Common Areas that include the grassy area that overlooks the marsh and ocean for family picnics, beverages and/or bird watching. In addition to providing a large, well maintained common areas, Point East also offers a large swimming pool, hot tub, laundry facilities and ample parking for your guests. This unit is being sold unfurnished.
| |||
| Dec 2, 2021 | No longer available | - | |
| No longer available | |||
| Oct 30, 2021 | Price Decreased |
$249,900
↓ $10K
(3.9%) | |
| Price Decreased | |||
Show More
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 |
|---|---|---|---|---|---|---|---|
|
06/12/2024
|
1 Bed
|
1 Bath
|
640 ft²
|
$299,000
1 Bed
1 Bath
640 ft²
|
$292,500
-2.17%
08/19/2024
|
Andrew Welch
Keller Williams Coastal Realty
| |
|
12/14/2023
| |
1 Bed
|
1 Bath
|
640 ft²
|
$329,000
1 Bed
1 Bath
640 ft²
|
-
-
|
Janna Syrene
Bean Group
|
|
10/01/2023
|
1 Bed
|
1 Bath
|
640 ft²
|
$279,000
1 Bed
1 Bath
640 ft²
|
-
-
|
Michael Jones
The Aland Realty Group, LLC
| |
|
09/01/2023
|
2 Bed
|
2 Bath
|
-
|
$375,000
2 Bed
2 Bath
|
-
-
|
Erinn Stearns
207 Prime Properties, LLC
| |
|
09/01/2023
|
1 Bed
|
1 Bath
|
-
|
$249,900
1 Bed
1 Bath
|
-
-
|
Karen Udiskey
EXIT Oceanside Realty
| |
|
08/09/2023
|
2 Bed
|
2 Bath
|
-
|
$350,000
2 Bed
2 Bath
|
$318,800
-8.91%
09/29/2023
|
Scott Forte
Century 21 Samia Realty
| |
|
05/26/2023
|
1 Bed
|
1 Bath
|
640 ft²
|
$259,000
1 Bed
1 Bath
640 ft²
|
$249,000
-3.86%
09/22/2023
|
Diane Wyman
Keller Williams - Portsmouth
| |
|
05/25/2023
|
2 Bed
|
2 Bath
|
-
|
$360,000
2 Bed
2 Bath
|
-
-
|
Rick Coyne Pam Coyne
EXIT Oceanside Realty
| |
|
04/12/2023
|
1 Bed
|
1 Bath
|
-
|
$335,000
1 Bed
1 Bath
|
-
-
|
Steven Weigel
Coldwell Banker Y-Gull & Associates
| |
|
03/14/2023
|
1 Bed
|
1 Bath
|
-
|
$269,000
1 Bed
1 Bath
|
-
-
|
Steven Weigel
Coldwell Banker Y-Gull & Associates
| |
|
01/13/2023
|
1 Bed
|
1 Bath
|
-
|
$265,900
1 Bed
1 Bath
|
$267,000
+0.41%
05/23/2023
|
Kevin Erikson
Carey & Giampa, LLC, Realtors
| |
|
01/03/2023
|
1 Bed
|
1 Bath
|
-
|
$249,000
1 Bed
1 Bath
|
$249,000
03/20/2023
|
Rick Coyne Pam Coyne
EXIT Oceanside Realty
| |
|
07/27/2022
|
1 Bed
|
1 Bath
|
-
|
$279,000
1 Bed
1 Bath
|
-
-
|
Steven Weigel
Coldwell Banker Y-Gull & Associates
| |
|
06/30/2022
|
1 Bed
|
1 Bath
|
-
|
$295,000
1 Bed
1 Bath
|
-
-
|
Radka Meader
Keller Williams Coastal Realty
| |
|
06/21/2022
|
2 Bed
|
2 Bath
|
-
|
$298,500
2 Bed
2 Bath
|
-
-
|
Steven Weigel
Coldwell Banker Y-Gull & Associates
| |
|
03/26/2022
|
2 Bed
|
2 Bath
|
-
|
$279,900
2 Bed
2 Bath
|
-
-
|
Rick Coyne Pam Coyne
EXIT Oceanside Realty
| |
|
03/25/2022
|
2 Bed
|
2 Bath
|
-
|
$320,000
2 Bed
2 Bath
|
-
-
|
Jaylan Archer
Keller Williams - Portsmouth
| |
|
03/22/2022
|
1 Bed
|
1 Bath
|
-
|
$315,000
1 Bed
1 Bath
|
-
-
|
Steven Weigel
Coldwell Banker Y-Gull & Associates
| |
|
09/30/2021
|
1 Bed
|
1 Bath
|
-
|
$259,900
1 Bed
1 Bath
|
$249,250
-4.10%
05/13/2022
|
Scott Blanchard
Keller Williams - Portsmouth
| |
|
02/03/2022
|
1 Bed
|
1 Bath
|
640 ft²
|
$199,999
1 Bed
1 Bath
640 ft²
|
$192,000
-4.00%
02/28/2022
|
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
| |
|
09/30/2021
|
1 Bed
|
1 Bath
|
-
|
$264,900
1 Bed
1 Bath
|
-
-
|
Steven Weigel
Coldwell Banker Y-Gull & Associates
| |
|
09/25/2021
|
1 Bed
|
1 Bath
|
-
|
$269,000
1 Bed
1 Bath
|
-
-
|
Steven Weigel
Coldwell Banker Y-Gull & Associates
| |
|
09/18/2021
|
1 Bed
|
1 Bath
|
-
|
$265,900
1 Bed
1 Bath
|
-
-
|
Steven Weigel
Coldwell Banker Y-Gull & Associates
| |
|
08/24/2021
|
1 Bed
|
1 Bath
|
-
|
$289,000
1 Bed
1 Bath
|
-
-
|
Rebecca Bassett
Portside Real Estate Group
| |
|
08/21/2021
|
1 Bed
|
1 Bath
|
-
|
$279,500
1 Bed
1 Bath
|
-
-
|
Steven Weigel
Coldwell Banker Y-Gull & Associates
| |
|
08/13/2021
|
1 Bed
|
1 Bath
|
-
|
$305,000
1 Bed
1 Bath
|
-
-
|
Janna Syrene
Bean Group
| |
|
07/19/2021
|
1 Bed
|
1 Bath
|
-
|
$269,500
1 Bed
1 Bath
|
-
-
|
Steven Weigel
Coldwell Banker Y-Gull & Associates
| |
|
07/09/2021
|
1 Bed
|
1 Bath
|
-
|
$298,500
1 Bed
1 Bath
|
-
-
|
Julie Grady
Coldwell Banker Realty
| |
|
05/30/2021
|
2 Bed
|
2 Bath
|
-
|
$395,000
2 Bed
2 Bath
|
-
-
|
Meghan Kerry
Bean Group
| |
|
05/23/2021
|
1 Bed
|
1 Bath
|
-
|
$294,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
05/20/2021
|
1 Bed
|
1 Bath
|
-
|
$160,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
03/04/2021
|
2 Bed
|
2 Bath
|
-
|
$249,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
10/04/2020
|
1 Bed
|
1 Bath
|
640 ft²
|
$159,000
1 Bed
1 Bath
640 ft²
|
-
-
|
-
| |
|
09/26/2020
|
1 Bed
|
1 Bath
|
-
|
$169,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
09/25/2020
|
1 Bed
|
1 Bath
|
-
|
$235,900
1 Bed
1 Bath
|
$236,000
+0.04%
11/03/2020
|
Jason Saphire
| |
|
09/01/2020
|
2 Bed
|
2 Bath
|
-
|
$210,000
2 Bed
2 Bath
|
$182,800
-12.95%
11/03/2020
|
Steven Weigel
| |
|
08/25/2020
|
1 Bed
|
1 Bath
|
-
|
$165,000
1 Bed
1 Bath
|
-
-
|
Troy Williams
Keller Williams - Portsmouth
| |
|
05/21/2020
|
2 Bed
|
2 Bath
|
-
|
$194,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
08/06/2020
|
2 Bed
|
2 Bath
|
-
|
$239,500
2 Bed
2 Bath
|
-
-
|
Troy Williams
Keller Williams - Portsmouth
| |
|
07/25/2020
|
2 Bed
|
2 Bath
|
-
|
$239,000
2 Bed
2 Bath
|
$228,000
-4.60%
09/28/2020
|
Steven Weigel
| |
|
06/01/2020
|
1 Bed
|
1 Bath
|
-
|
$205,000
1 Bed
1 Bath
|
$195,000
-4.88%
09/01/2020
|
Troy Williams
Keller Williams - Portsmouth
| |
|
03/14/2020
|
1 Bed
|
1 Bath
|
-
|
$139,900
1 Bed
1 Bath
|
-
-
|
Scott Blanchard
Keller Williams - Portsmouth
| |
|
03/10/2020
|
1 Bed
|
1 Bath
|
-
|
$175,000
1 Bed
1 Bath
|
-
-
|
Troy Williams
Keller Williams - Portsmouth
| |
|
03/09/2020
|
2 Bed
|
2 Bath
|
-
|
$194,500
2 Bed
2 Bath
|
$125,000
-35.73%
09/04/2020
|
Carrina Freeman
| |
|
02/14/2020
|
2 Bed
|
2 Bath
|
-
|
$189,000
2 Bed
2 Bath
|
$169,000
-10.58%
09/10/2020
|
Troy Williams
Keller Williams - Portsmouth
| |
|
08/03/2019
|
1 Bed
|
1 Bath
|
-
|
$207,000
1 Bed
1 Bath
|
$200,000
-3.38%
09/30/2019
|
Rick Coyne Pam Coyne
| |
|
06/20/2019
|
2 Bed
|
2 Bath
|
-
|
$210,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
05/20/2019
|
1 Bed
|
1 Bath
|
-
|
$169,900
1 Bed
1 Bath
|
$154,700
-8.95%
07/08/2019
|
Anne Erwin Sothebys International Realty
| |
|
06/19/2018
|
1 Bed
|
1 Bath
|
640 ft²
|
$184,900
1 Bed
1 Bath
640 ft²
|
-
-
|
-
| |
|
05/15/2018
| |
1 Bed
|
1 Bath
|
640 ft²
|
-
1 Bed
1 Bath
640 ft²
|
-
-
|
-
|
|
04/03/2018
|
1 Bed
|
1 Bath
|
640 ft²
|
$119,000
1 Bed
1 Bath
640 ft²
|
$120,000
+0.84%
05/08/2018
|
Richard Coyne
EXIT Oceanside Realty of Maine
| |
|
03/01/2018
|
1 Bed
|
1 Bath
|
640 ft²
|
$119,000
1 Bed
1 Bath
640 ft²
|
$98,400
-17.31%
05/01/2018
|
Richard Coyne
EXIT Oceanside Realty of Maine
| |
|
11/30/2017
|
2 Bed
|
2 Bath
|
956 ft²
|
$225,000
2 Bed
2 Bath
956 ft²
|
$215,000
-4.44%
05/18/2018
|
Richard Coyne
EXIT Oceanside Realty of Maine
| |
|
07/08/2017
| |
1 Bed
|
1 Bath
|
640 ft²
|
-
1 Bed
1 Bath
640 ft²
|
-
-
|
-
|
|
04/27/2017
|
1 Bed
|
1 Bath
|
640 ft²
|
$127,000
1 Bed
1 Bath
640 ft²
|
$122,000
-3.94%
05/30/2018
|
Richard Coyne
EXIT Oceanside Realty of Maine
| |
|
02/24/2016
|
1 Bed
|
1 Bath
|
640 ft²
|
$181,900
1 Bed
1 Bath
640 ft²
|
$179,000
-1.59%
09/02/2016
|
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
| |
|
04/19/2015
|
1 Bed
|
1 Bath
|
640 ft²
|
$169,000
1 Bed
1 Bath
640 ft²
|
$169,000
05/21/2015
|
Janna Syrene
Bean Group
| |
|
03/16/2015
|
2 Bed
|
2 Bath
|
1080 ft²
|
$179,900
2 Bed
2 Bath
1080 ft²
|
$170,000
-5.50%
06/04/2015
|
Richard Coyne
EXIT Oceanside Realty of Maine
| |
|
03/13/2015
|
2 Bed
|
2 Bath
|
1080 ft²
|
$179,900
2 Bed
2 Bath
1080 ft²
|
$163,800
-8.95%
09/15/2015
|
Richard Coyne
EXIT Oceanside Realty of Maine
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017