Listed by: Melanie Bisson, KW Coastal and Lakes & Mountains Realty, Selling Office: EXP Realty, Listing Courtesy of Prime MLS
$190,000
●
House -
Off Market
23 Terrace Drive
Berwick, ME 03901
3 Beds
2 Baths,
1
Half Bath
2,124 Ft²
$285,369
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model
About This Property
Great investment opportunity! This 3 bedroom has over 2,000
feet of finished space and is simply in need of some updating.
Solid home with great layout and large finished basement.
The wood burning fireplace is spectacular! So much potential
here!!!
Unit Size
2,124 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$85
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
1975
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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 #4662174)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 16, 2020 | Sold | ||
| Sold | |||
| Mar 31, 2020 | In contract | - | |
| In contract | |||
| Mar 9, 2020 | Listed | $269,900 | |
| Listed | |||
| | |||
|
If space is what you seek this great home has it all! Welcome to 23 Terrace Drive! Recently updated throughout, you're going to love this 3 bedroom, 1.5 bath home just minutes from the heart of Berwick. Brand new granite counter tops and stainless appliances make this kitchen shine. Enjoy the open concept living, dining, and kitchen space as you entertain friends and family. Take the party outside to the deck and large backyard, ideal for gardening, games or even backyard hens! Yard boasts an invisible fence, too! First floor also includes 3 bedrooms, and one full bath. Basement is completely finished and will be the envy of your friends! Hosting parties has never been so fun! This home comes with a wood burning fireplace, large wet bar, and a pool table! Yes, the pool table!, too! Half bath/laundry room combo also downstairs, plus direct entry to the 2 car garage. Showings start at the open house Saturday, 2/22 from 2-3:30pm. See you there!
| |||
| Feb 19, 2020 | Listed by KW Coastal and Lakes & Mountains Realty | $269,900 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
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Property Highlights
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Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Berwick
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Listed by: Melanie Bisson, KW Coastal and Lakes & Mountains Realty
Last Updated Date: 2017-11-29
Last Checked: 5 hours ago
Data Source: Prime MLS, MLS# 4662174
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.
Last Updated Date: 2017-11-29
Last Checked: 5 hours ago
Data Source: Prime MLS, MLS# 4662174
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