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Berwick 03901
26 Terrace Drive
Listed by: Nicholas Couturier, New Space Real Estate, LLC, Selling Office: A Non PrimeMLS Agency, Listing Courtesy of Prime MLS
$400,000
● House - Off Market

26 Terrace Drive

Berwick, ME 03901
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,920 Ft²
$444,510
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Beautifully updated home in Berwick Maine! Located in a quiet neighborhood you will find this 3 bedroom 1 and half bath home.  Open concept living great for entertaining friends and family.  Gorgeous updated fixtures and stainless steel appliances.  Centrally located close to great restaurants and shopping.  Delayed showings until open house on 11/19/2022  11am-1pm.
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$219
Property Type
House
Property Taxes
$354
HOA Dues
-
Year Built
1989

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 #4937120)

Price History

Date / Event Date Event Price
Jan 26, 2023 Sold
Premium
Sold
Nov 16, 2022 Listed by New Space Real Estate, LLC $419,900
Listed by New Space Real Estate, LLC
Oct 20, 2008 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,599
  • Total Building Area: 1,920
  • Gross Building Area: 2,560
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000381
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • State Land Use Code: 101

Neighborhood

  • School District Name: School Administrative District 57
  • School Tax School District: RSU 60/MSAD 60
  • Census Tract: 032001

Zoning

  • Zoning: R1

Geography

  • Account Number: 3234
  • Parcel: BERW M:U007 B:7
  • Block: 7
  • Municipality: BERWICK
  • Latitude: 43.2772
  • Longitude: -70.8629

    Address

  • Full Address: 26 Terrace Dr
  • Address - House Number: 26
  • Address - Street Name: Terrace
  • Address - Suffix Type: Dr
  • State: ME
  • City Name: Berwick
  • Carrier Code: R021
  • 4-Digit Zip Code: 2959
  • Zip Code: 03901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $448,200

    Appraisal Valuation

  • Standard Deviation: 0.2478
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 65
  • Final Value: 458,312
  • High Value: 571,907
  • Low Value: 344,716

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $246,000
  • Assessed Land Value: $66,300
  • Assessed Improvements Value: $179,700

    Sales

  • Current Sale Contract Date: Jan 26, 2023
  • Current Sale Recording Date: Jan 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023002181
  • Previous Sale Recording Date: Jan 03, 2020
  • Previous Sale Contract Date: Dec 27, 2019
  • Previous Sale Document Type: 34
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 Berwick

Stats & Trends

Median Asking:

$464,900

Sale Price/ft²

$191

Above Asking

0.00%

Average Days on Market

105

Average Home Size

2641 ft²

Average Home Age

112.7 years

Currently For Sale

0 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

Unit for rent at 19 Buffumsville, Somersworth, 03878

$2,800 /mo

  • 4 Beds
  • 1 Bath
  • 1,116 ft²
19 Buffumsville, Somersworth, 03878 Listing by Mark Gullifer

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Nicholas Couturier, New Space Real Estate, LLC
Last Updated Date: 2023-01-26
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4937120
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 26 Terrace Drive built and last sold?
The property at 26 Terrace Drive was built in 1989 and last sold on Jan 26, 2023 for $425,000.
How much is this home worth?
The estimated value of the home located at 26 Terrace Drive is $0.
What are some comparable homes to 26 Terrace Drive?
There are currently no comparable homes to 26 Terrace Drive.
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