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York 03901
407 School St
Listed by: Molly Kammerer, KW Coastal and Lakes & Mountains Realty, Selling Office: Central Falls Realty, Listing Courtesy of Prime MLS
$35,400
● House - Off Market

407 School St

Berwick, ME 03901
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,016 Ft²
$79,800
RealtyHop Estimate
128.65%
Since Mar 1, 2012
National-US
Primary Model

About This Property

Classic bank-owned property. Rotten floors, nasty kitchen, and discolored walls...all to you for this bargain basement price of 38,900. If you find the heating system, please advise, because I couldn't find it. Recommend cash buyers only, although I have seen miracles performed in the past with a 203k.
Unit Size
1,016 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$34
Property Type
House
Property Taxes
$179
HOA Dues
-
Year Built
2012

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #4117154)

Price History

Date / Event Date Event Price
Feb 17, 2012 Sold
Premium
Sold
Dec 14, 2011 Listed by KW Coastal and Lakes & Mountains Realty $34,900
Listed by KW Coastal and Lakes & Mountains Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 760
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,867
  • Total Building Area: 760
  • Gross Building Area: 1,520
  • Building Area: 760
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 760
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001030
  • 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: RSU 60/MSAD 60
  • Census Tract: 032002

Zoning

  • Zoning: R3

Geography

  • Account Number: 2059
  • Parcel: BERW M:R054 B:6 L:A
  • Block: 6
  • Lot: A
  • Municipality: BERWICK
  • Latitude: 43.285
  • Longitude: -70.8106

    Address

  • Full Address: 407 School St
  • Address - House Number: 407
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: ME
  • City Name: Berwick
  • Carrier Code: R022
  • 4-Digit Zip Code: 2808
  • Zip Code: 03901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $336,000

    Appraisal Valuation

  • Standard Deviation: 0.2192
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 69
  • Final Value: 361,916
  • High Value: 441,248
  • Low Value: 282,583

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $184,400
  • Assessed Land Value: $73,700
  • Assessed Improvements Value: $110,700
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:

$630,000

Sale Price/ft²

$298

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2702 ft²

Average Home Age

36.3 years

Currently For Sale

78 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

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Prime

Listed by: Molly Kammerer, KW Coastal and Lakes & Mountains Realty
Last Updated Date: 2022-02-17
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4117154
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 407 School Street built and last sold?
The property at 407 School Street was built in 2012 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 407 School Street is $0.
What are some comparable homes to 407 School Street?
There are currently no comparable homes to 407 School Street.
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