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Cumberland 04015
183 State Park Road
Listed by: Carol Chaffee, EXP Realty, Selling Office: A Non PrimeMLS Agency, Listing Courtesy of Prime MLS
$280,000
● House - Off Market

183 State Park Road

Casco, ME 04015
bedrooms
3 Beds
bathrooms
1 Bath
square feet
816 Ft²
$1,538
Est. Monthly
9.88%
Cap Rate

About This Property

ROW on crooked river which provides unobstructed access to Sebago Lake. Charming, remodeled 2 bedroom with office that can be used as a bedroom home with plenty of windows to boast the natural sunlight.   The home has a new metal roof, vinyl siding, remodeled kitchen and fully remodeled bathroom, along with an expanded deck in an enclosed fenced in yard.  The home is tucked in State Park Road on almost a half-acre of property with plenty of room for gardens. Two sheds for storage or to turn one into a relaxing getaway for morning coffee. Centrally located to Naples, Windham, Lakes, Mountains, shopping, businesses, schools and 4 season outdoor activities. Ideal for year-round living or vacation home!
Unit Size
816 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$355
Property Type
House
Property Taxes
$114
HOA Dues
-
Year Built
1965

Payment Calculator (Computations Provided by RealtyHop)

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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 #4986647)

Price History

Date / Event Date Event Price
Jul 1, 2024 Sold
Premium
Sold
May 28, 2024 In contract -
In contract
May 5, 2024 Price Decreased $289,900
↓ $10K (3.3%)
Price Decreased
Mar 2, 2024 Listed by EXP Realty $299,900
Listed by EXP Realty
Aug 15, 2022 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 16
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 816
  • Gross Building Area: 1,772
  • Building Area: 816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 816
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • State Land Use Code: 101

Neighborhood

  • School District Name: School Administrative District 61
  • School Tax School District: RSU 61/MSAD 61
  • Census Tract: 013002

Zoning

  • Zoning: 10

Geography

  • Account Number: 1734
  • Parcel: CASC M:0028 L:0049
  • Lot: 49
  • Municipality: CASCO
  • Latitude: 43.9377
  • Longitude: -70.562

    Address

  • Full Address: 183 State Park Rd
  • Address - House Number: 183
  • Address - Street Name: State Park
  • Address - Suffix Type: Rd
  • State: ME
  • City Name: Casco
  • Carrier Code: R001
  • 4-Digit Zip Code: 3603
  • Zip Code: 04015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $134,200

    Appraisal Valuation

  • Standard Deviation: 0.1392
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 83
  • Final Value: 235,268
  • High Value: 268,035
  • Low Value: 202,502

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $85,700
  • Assessed Land Value: $25,600
  • Assessed Improvements Value: $60,100

    Sales

  • Current Sale Contract Date: Aug 12, 2022
  • Current Sale Recording Date: Aug 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41963
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 Cumberland

Stats & Trends

Median Asking:

$549,500

Sale Price/ft²

$249

Above Asking

0.19%

Average Days on Market

85

Average Home Size

1916 ft²

Average Home Age

30.2 years

Currently For Sale

5 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Carol Chaffee, EXP Realty
Last Updated Date: 2024-07-01
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4986647
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 183 State Park Road built and last sold?
The property at 183 State Park Road was built in 1965 and last sold on Aug 12, 2022 for $195,000.
How much is this home worth?
The estimated value of the home located at 183 State Park Road is $299,715.
What are some comparable homes to 183 State Park Road?
There are currently no comparable homes to 183 State Park Road.
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