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York
408 Atlantic Avenue
Listed by: Amy Turner, Great Island Realty LLC, Selling Office: A Non PrimeMLS Agency, Listing Courtesy of Prime MLS
$660,000
● House - Off Market

408 Atlantic Avenue

Wells, ME 04090
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,155 Ft²
$1,018,900
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Welcome to beautiful Wells Beach.  This cozy three bedroom cape style bungalow has an updated kitchen, 2 generously sized first floor bedrooms, first floor full bath, and front and rear porches.  Upper level is adorned with exposed beams, wood floors, and opens to the roof top deck where you can smell the fresh ocean air and watch the waves crash.  Catch the gorgeous sunsets and views of the Webhannet from your back porch.  Need extra storage for surfboards, kayaks and beach toys?  The walk out full basement is large, dry and offers another full bath to rinse off the sand!  Conveniently located next to Public Way 13 for easy access to the beach, and a short walk to shops and Forbes restaurant.  Come see this home, and make it your happy place!
Unit Size
1,155 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$602
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1948

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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 #4748366)

Price History

Date / Event Date Event Price
Aug 14, 2019 Sold
Premium
Sold
May 1, 2019 Listed by Great Island Realty LLC $694,900
Listed by Great Island Realty LLC
Oct 17, 2007 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 528
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,570
  • Total Building Area: 1,015
  • Gross Building Area: 2,460
  • Building Area: 1,015
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,015
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000082
  • 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: 034002

Zoning

  • Zoning: RB

Geography

  • Parcel: WLLS M:132 L:63
  • Lot: 63
  • Municipality: WELLS
  • Latitude: 43.3159
  • Longitude: -70.561

    Address

  • Full Address: 408 Atlantic Ave
  • Address - House Number: 408
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Ave
  • State: ME
  • City Name: Wells
  • Zip Code: 04090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $507,600

    Appraisal Valuation

  • Standard Deviation: 0.1913
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 74
  • Final Value: 947,763
  • High Value: 1,129,111
  • Low Value: 766,416

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $851,750
  • Assessed Land Value: $604,330
  • Assessed Improvements Value: $247,420

    Sales

  • Current Sale Contract Date: Aug 14, 2019
  • Current Sale Recording Date: Aug 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019032888
  • Previous Sale Recording Date: Oct 17, 2007
  • Previous Sale Amount: $584,000
  • Previous Sale Document Type: 71
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:

$649,000

Sale Price/ft²

$291

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2546 ft²

Average Home Age

39.6 years

Currently For Sale

56 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: Amy Turner, Great Island Realty LLC
Last Updated Date: 2019-08-14
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4748366
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 408 Atlantic Avenue built and last sold?
The property at 408 Atlantic Avenue was built in 1948 and last sold on Aug 14, 2019 for $605,400.
How much is this home worth?
The estimated value of the home located at 408 Atlantic Avenue is $678,786.
What are some comparable homes to 408 Atlantic Avenue?
There are currently no comparable homes to 408 Atlantic Avenue.
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