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York
48 Bayview Avenue
Listed by: Gregory Gosselin, GRG Gosselin Realty Group, Selling Office: EXP Realty, Listing Courtesy of Prime MLS
$735,000
● House - Off Market

48 Bayview Avenue

Ogunquit, ME 03907
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,240 Ft²
$994,123
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Highly sought-after, Year-round Cape with amazing views of the Rachel Carson Preserve and an outstanding location.  Known as the 'Beautiful Place by The Sea', what makes this home unique is its location, offering miles of sandy beaches, its scenic coast, art galleries, great shopping, dining, and the best nighttime entertainment along the Maine Coast!  Situated within walking distance to the Footbridge yet in the heart of Ogunquit, this home sits off on a quiet cul-de-sac of quintessential Maine Cottages. The scenic views from the living area and master bedroom will leave you ultimately relaxed and grounded.  As a bonus your guests can enjoy a family room and bedroom suite featuring radiant floors in the nicely finished basement.
Unit Size
1,240 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$605
Property Type
House
Property Taxes
$376
HOA Dues
-
Year Built
1950

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 #4826054)

Price History

Date / Event Date Event Price
Nov 25, 2020 Sold
Premium
Sold
Sep 2, 2020 No longer available -
No longer available
Sep 1, 2020 Listed by GRG Gosselin Realty Group $750,000
Listed by GRG Gosselin Realty Group
Aug 6, 2020 In contract -
In contract
Jul 28, 2020 Price Decreased $750,000
↓ $49K (6.1%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 648
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,008
  • Gross Building Area: 1,800
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • 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: 034006

Zoning

  • Zoning: SLR

Geography

  • Account Number: 266
  • Parcel: OGUN M:010 L:016
  • Lot: 16
  • Municipality: OGUNQUIT
  • Latitude: 43.2653
  • Longitude: -70.5948

    Address

  • Full Address: 48 Bayview Ave
  • Address - House Number: 48
  • Address - Street Name: Bayview
  • Address - Suffix Type: Ave
  • State: ME
  • City Name: Ogunquit
  • Carrier Code: R011
  • 4-Digit Zip Code: 3007
  • Zip Code: 03907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $492,700

    Appraisal Valuation

  • Standard Deviation: 0.1924
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 1,035,113
  • High Value: 1,234,607
  • Low Value: 835,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $762,700
  • Assessed Land Value: $581,000
  • Assessed Improvements Value: $181,700

    Sales

  • Current Sale Contract Date: Nov 25, 2020
  • Current Sale Recording Date: Nov 25, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020061016
  • Previous Sale Recording Date: Nov 28, 2018
  • Previous Sale Document Type: 27
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:

$627,000

Sale Price/ft²

$297

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2734 ft²

Average Home Age

36.8 years

Currently For Sale

76 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: Gregory Gosselin, GRG Gosselin Realty Group
Last Updated Date: 2020-11-29
Last Checked: 7 hours ago
Data Source: Prime MLS, MLS# 4826054
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 48 Bayview Avenue built and last sold?
The property at 48 Bayview Avenue was built in 1950 and last sold on Nov 25, 2020 for $637,500.
How much is this home worth?
The estimated value of the home located at 48 Bayview Avenue is $0.
What are some comparable homes to 48 Bayview Avenue?
There are currently no comparable homes to 48 Bayview Avenue.
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