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York
205 Atlantic Avenue
Listed by: Laura Daly, Century 21 Atlantic Realty, Selling Office: KW Coastal and Lakes & Mountains Realty, Listing Courtesy of Prime MLS
$785,000
● House - Off Market

205 Atlantic Avenue

Wells, ME 04090
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,488 Ft²
$1,165,486
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Dramatic direct ocean and beach views from every room of this year round, recently updated quintessential beach house. 3 BRs, 3 BAs featuring mature ocean side gardens, located on ocean side of Atlantic Avenue with deeded access to Wells Beach. Enjoy the sights and sounds of crashing waves, seagulls, and smell salt air from your covered, open porch.
Unit Size
1,488 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$538
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1940

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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 #4774314)

Price History

Date / Event Date Event Price
Jan 6, 2020 Sold
Premium
Sold
Sep 1, 2019 Listed by Century 21 Atlantic Realty $799,900
Listed by Century 21 Atlantic Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 520
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,400
  • Total Building Area: 1,488
  • Gross Building Area: 2,368
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000055
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • State Land Use Code: 101

Neighborhood

  • School District Name: Wells-Ogunquit Community School District
  • School Tax School District: WELLS-OGUNQUIT
  • Census Tract: 034005

Zoning

  • Zoning: RB

Geography

  • Parcel: WLLS M:125 L:102
  • Lot: 102
  • Municipality: WELLS
  • Latitude: 43.3095
  • Longitude: -70.5642

    Address

  • Full Address: 205 Atlantic Ave
  • Address - House Number: 205
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Ave
  • State: ME
  • City Name: Wells
  • Carrier Code: R007
  • 4-Digit Zip Code: 4326
  • Zip Code: 04090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $516,600

    Appraisal Valuation

  • Standard Deviation: 0.1913
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 74
  • Final Value: 1,060,481
  • High Value: 1,263,396
  • Low Value: 857,566

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $866,800
  • Assessed Land Value: $539,640
  • Assessed Improvements Value: $327,160
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:

$622,400

Sale Price/ft²

$299

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2793 ft²

Average Home Age

39.8 years

Currently For Sale

83 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: Laura Daly, Century 21 Atlantic Realty
Last Updated Date: 2020-01-07
Last Checked: 3 hours ago
Data Source: Prime MLS, MLS# 4774314
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 205 Atlantic Avenue built and last sold?
The property at 205 Atlantic Avenue was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 205 Atlantic Avenue is $0.
What are some comparable homes to 205 Atlantic Avenue?
There are currently no comparable homes to 205 Atlantic Avenue.
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