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West Kennebunk 04043
490 Alfred Road
Listed by: Anne Erwin Real Estate, Anne Erwin Sothebys International Rlty, Selling Office: A Non PrimeMLS Agency, Listing Courtesy of Prime MLS
$300,000
● House - Off Market

490 Alfred Road

Kennebunk, ME 04043
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,135 Ft²
$431,647
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

Bursting with curb appeal, this charming, fifties style single-level home sits on a large 1.4 acre lot complete with oversized 2 car garage added in 2006, a potting shed, and a beautifully landscaped back patio perfect for entertaining guests. Having undergone a complete renovation in 2005, the 3 bedroom home features hardwood flooring, a master bedroom suite, an open living and dining area and a three-season porch overlooking the naturally manicured backyard with a raised garden. Continuously maintained, the home had a heating and cooling mini-split system installed in 2015, well and well pump in 2016, refrigerator in 2017, and water heater in 2019. A great commuter location, minutes from I-95 and a short drive to downtown Kennebunk and the beaches!
Unit Size
1,135 Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$263
Property Type
House
Property Taxes
$238
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
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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 #4792269)

Price History

Date / Event Date Event Price
Oct 17, 2023 Sold
Premium
Sold
Sep 14, 2023 No longer available -
No longer available
Aug 26, 2023 Listed by Anne Erwin Sothebys International Rlty $450,000
Listed by Anne Erwin Sothebys International Rlty
Mar 2, 2020 Sold
Premium
Sold
Feb 1, 2020 Listed by Anne Erwin Sothebys International Rlty $299,000
Listed by Anne Erwin Sothebys International Rlty
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 21
  • 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: 786
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,984
  • Total Building Area: 1,133
  • Gross Building Area: 2,648
  • Building Area: 1,133
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 7
  • Heated Square Feet: 1,133
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001400
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • State Land Use Code: 101

Neighborhood

  • School District Name: Regional School Unit 21
  • School Tax School District: RSU 21
  • Census Tract: 028001

Zoning

  • Zoning: 5

Geography

  • Account Number: 2150
  • Parcel: KENB M:003 L:124
  • Lot: 124
  • Municipality: KENNEBUNK
  • Latitude: 43.4168
  • Longitude: -70.6058

    Address

  • Full Address: 490 Alfred Rd
  • Address - House Number: 490
  • Address - Street Name: Alfred
  • Address - Suffix Type: Rd
  • State: ME
  • City Name: Kennebunk
  • Carrier Code: R001
  • 4-Digit Zip Code: 6242
  • Zip Code: 04043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $333,200

    Appraisal Valuation

  • Standard Deviation: 0.1411
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 83
  • Final Value: 442,627
  • High Value: 505,087
  • Low Value: 380,168

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,600
  • Assessed Land Value: $70,500
  • Assessed Improvements Value: $137,100

    Sales

  • Current Sale Contract Date: Oct 13, 2023
  • Current Sale Recording Date: Oct 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023033116
  • Previous Sale Recording Date: Mar 02, 2020
  • Previous Sale Contract Date: Feb 28, 2020
  • Previous Sale Amount: $368,800
  • Previous Sale Document Type: 55
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 West Kennebunk

Stats & Trends

Median Asking:

$635,000

Sale Price/ft²

$230

Above Asking

0.00%

Average Days on Market

59

Average Home Size

2756 ft²

Average Home Age

71 years

Currently For Sale

0 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: Anne Erwin Real Estate, Anne Erwin Sothebys International Rlty
Last Updated Date: 2020-03-03
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4792269
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 490 Alfred Road built and last sold?
The property at 490 Alfred Road was built in 1950 and last sold on Oct 13, 2023 for $445,000.
How much is this home worth?
The estimated value of the home located at 490 Alfred Road is $0.
What are some comparable homes to 490 Alfred Road?
There are currently no comparable homes to 490 Alfred Road.
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