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Sanford 04073
40 Shawmut Avenue
Listed by: Tammy Baker, Real Estate 2000 Maine/New Hampshire, Selling Office: A Non PrimeMLS Agency, Listing Courtesy of Prime MLS
$174,900
● House - Off Market

40 Shawmut Avenue

Sanford, ME 04073
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,361 Ft²
$298,698
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Easy 1 floor living! Large dining room w/ exposed beams, fireplace in living rm, wood floors, breakfast room w/ skylight & pantry leading to fenced in rear yard & screen porch. Finished basement w/ bath, family rm & wet bar! Great for entertaining. Workshop in attached garage. Great for all!
Unit Size
2,361 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$74
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1960

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 #4459898)

Price History

Date / Event Date Event Price
May 17, 2016 Sold
Premium
Sold
Nov 10, 2015 Listed by Real Estate 2000 Maine/New Hampshire $174,900
Listed by Real Estate 2000 Maine/New Hampshire

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,000
  • Total Building Area: 1,529
  • Gross Building Area: 3,229
  • Building Area: 1,529
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,529
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • State Land Use Code: 101

Neighborhood

  • School District Name: Sanford
  • School Tax School District: SANFORD PS
  • Census Tract: 030203

Zoning

  • Zoning: SFR

Geography

  • Parcel: SANF M:0K33 B:1
  • Block: 1
  • Municipality: SANFORD
  • Latitude: 43.4309
  • Longitude: -70.7721

    Address

  • Full Address: 40 Shawmut Ave
  • Address - House Number: 40
  • Address - Street Name: Shawmut
  • Address - Suffix Type: Ave
  • State: ME
  • City Name: Sanford
  • Carrier Code: C007
  • 4-Digit Zip Code: 4051
  • Zip Code: 04073

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $451,600

    Appraisal Valuation

  • Standard Deviation: 0.2112
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 71
  • Final Value: 393,601
  • High Value: 476,731
  • Low Value: 310,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $298,300
  • Assessed Land Value: $38,800
  • Assessed Improvements Value: $259,500

    Sales

  • Current Sale Recording Date: May 17, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 000000018272
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 Sanford

Stats & Trends

Median Asking:

$414,950

Sale Price/ft²

$148

Below Asking

0.07%

Average Days on Market

112

Average Home Size

1936 ft²

Average Home Age

82.5 years

Currently For Sale

2 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: Tammy Baker, Real Estate 2000 Maine/New Hampshire
Last Updated Date: 2016-05-13
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4459898
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 40 Shawmut Avenue built and last sold?
The property at 40 Shawmut Avenue was built in 1960 and last sold on Jan 1, 1970 for $224,800.
How much is this home worth?
The estimated value of the home located at 40 Shawmut Avenue is $0.
What are some comparable homes to 40 Shawmut Avenue?
There are currently no comparable homes to 40 Shawmut Avenue.
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