$699,456*
●
Condo -
Off Market
45 Eastern Promenade #5H
Portland, ME 04101
3 Beds
3 Baths
$621,000 - $759,000
Reference Base Price*
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Enjoy the stunning unobstructed views of Portland's Waterfront and
the Old Port from this 3-bedroom 3 bath Portland House condominium
with private deck. The property offers large living room, dining
room, kitchen and 3 bedrooms and 3 baths, wood floors. Property
also offers 1 car heated garage and storage. The Portland
House offers work out room and roof top deck with views of the city
and Casco Bay. HOA fee includes heat, water, sewer, cable,
internet.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$574
HOA Dues
-
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2022 | No longer available | - | |
| No longer available | |||
| Mar 4, 2022 | Listed | $690,000 | |
| Listed | |||
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/22/2024
| |
1 Bed
|
1 Bath
|
842 ft²
|
$425,000
1 Bed
1 Bath
842 ft²
|
-
-
|
Scott Townsend
Keller Williams - Greater Portland
|
|
07/27/2023
|
2 Bed
|
1.5 Bath
|
-
|
$595,000
2 Bed
1.5 Bath
|
-
-
|
Erin Oldham Susan Kendeigh
Portside Real Estate Group
| |
|
07/21/2023
|
3 Bed
|
3 Bath
|
-
|
$595,000
3 Bed
3 Bath
|
-
-
|
Kevin Coyne
Coldwell Banker Realty
| |
|
06/26/2023
|
2 Bed
|
2 Bath
|
-
|
$1,200,000
2 Bed
2 Bath
|
-
-
|
Heather Shields
Legacy Properties Sotheby's International Realty
| |
|
02/15/2023
|
2 Bed
|
2 Bath
|
-
|
$595,000
2 Bed
2 Bath
|
-
-
|
David Marsden
Bean Group
| |
|
10/13/2022
|
1 Bed
|
1 Bath
|
-
|
$549,000
1 Bed
1 Bath
|
-
-
|
Thomas Landry
Benchmark Real Estate
| |
|
07/29/2022
|
2 Bed
|
2 Bath
|
-
|
$615,000
2 Bed
2 Bath
|
-
-
|
Erin Oldham Susan Kendeigh
Portside Real Estate Group
| |
|
07/15/2022
|
1 Bed
|
1 Bath
|
-
|
$399,000
1 Bed
1 Bath
|
$375,000
-6.02%
01/24/2023
|
Colleen Bedard
RE/MAX Shoreline
| |
|
06/02/2022
|
1 Bed
|
1 Bath
|
-
|
$479,000
1 Bed
1 Bath
|
$449,000
-6.26%
07/28/2022
|
Thomas Landry
Benchmark Real Estate
| |
|
05/06/2022
|
2 Bed
|
2 Bath
|
-
|
$671,000
2 Bed
2 Bath
|
-
-
|
Mary Levanti-Cuellar
RE/MAX Shoreline
| |
|
04/06/2022
|
1 Bed
|
1 Bath
|
-
|
$475,000
1 Bed
1 Bath
|
-
-
|
Alexa Oestreicher
Legacy Properties Sotheby's International Realty
| |
|
03/04/2022
|
3 Bed
|
3 Bath
|
-
|
$690,000
3 Bed
3 Bath
|
-
-
|
John Hatcher
Keller Williams - Greater Portland
| |
|
02/02/2022
|
1 Bed
|
1 Bath
|
-
|
$439,000
1 Bed
1 Bath
|
$439,500
+0.11%
03/16/2022
|
John Hatcher
Keller Williams Realty
| |
|
10/15/2021
|
2 Bed
|
2 Bath
|
-
|
$900,000
2 Bed
2 Bath
|
-
-
|
James Benoit
Benchmark Real Estate
| |
|
08/17/2021
|
1 Bed
|
1 Bath
|
-
|
$419,900
1 Bed
1 Bath
|
-
-
|
Martin Norton
Keller Williams - Greater Portland
| |
|
06/25/2021
|
2 Bed
|
2 Bath
|
-
|
$749,000
2 Bed
2 Bath
|
-
-
|
Thomas Landry
Benchmark Real Estate
| |
|
04/21/2021
|
3 Bed
|
3 Bath
|
-
|
$899,000
3 Bed
3 Bath
|
-
07/01/2021
|
Thomas Landry
| |
|
06/01/2020
|
2 Bed
|
2 Bath
|
-
|
$550,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
02/26/2020
|
2 Bed
|
3 Bath
|
-
|
$1,175,000
2 Bed
3 Bath
|
-
-
|
Amy Cartmell
Keller Williams - Greater Portland
| |
|
06/08/2020
|
2 Bed
|
2 Bath
|
-
|
$645,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
04/10/2020
|
1 Bed
|
1 Bath
|
-
|
$400,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
03/09/2020
|
1 Bed
|
1 Bath
|
-
|
$425,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
01/25/2020
|
2 Bed
|
2 Bath
|
-
|
$869,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
11/23/2019
|
2 Bed
|
2 Bath
|
-
|
$525,000
2 Bed
2 Bath
|
-
-
|
John Hatcher
Keller Williams - Greater Portland
| |
|
09/22/2019
|
1 Bed
|
1 Bath
|
-
|
$357,000
1 Bed
1 Bath
|
$346,000
-3.08%
11/25/2019
|
David Fernald
| |
|
07/20/2019
|
2 Bed
|
2 Bath
|
-
|
$440,000
2 Bed
2 Bath
|
$410,000
-6.82%
09/30/2019
|
David Fernald
| |
|
07/19/2019
|
1 Bed
|
1 Bath
|
-
|
$395,000
1 Bed
1 Bath
|
$466,700
+18.15%
06/04/2020
|
David Fernald
| |
|
06/07/2019
|
2 Bed
|
2 Bath
|
-
|
$739,000
2 Bed
2 Bath
|
-
-
|
John Hatcher
Keller Williams - Greater Portland
| |
|
05/25/2019
|
3 Bed
|
3 Bath
|
-
|
$549,000
3 Bed
3 Bath
|
-
-
|
Laura Russell
Keller Williams - Greater Portland
| |
|
12/12/2018
|
1 Bed
|
1 Bath
|
-
|
$369,000
1 Bed
1 Bath
|
-
01/10/2019
|
John Hatcher
Keller Williams - Greater Portland
| |
|
09/27/2018
|
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
John Hatcher
Keller Williams - Greater Portland
| |
|
05/15/2018
| |
1 Bed
|
1 Bath
|
888 ft²
|
-
1 Bed
1 Bath
888 ft²
|
-
-
|
-
|
|
07/09/2017
| |
2 Bed
|
2 Bath
|
1228 ft²
|
-
2 Bed
2 Bath
1228 ft²
|
-
-
|
-
|
|
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$369,000
1 Bed
1 Bath
|
-
-
|
-
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017