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South Eliot 03903
5 Locust Avenue
Listed by: Lois Widi, Century 21 Newson Associates, Selling Office: KW Coastal and Lakes & Mountains Realty, Listing Courtesy of Prime MLS
$387,500
● House - Off Market

5 Locust Avenue

Eliot, ME 03903
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,884 Ft²
$608,408
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Priced to sell!! Beautifully maintained 4 bdrm Cape in a quiet neighborhood close to the Piscataqua River, with a ROW to the River. This is an ideal location to raise your family or retire to. A must see, this home is move in ready and offers lots of extra living space.
Unit Size
2,884 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$139
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1989

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 #4696744)

Price History

Date / Event Date Event Price
Dec 4, 2018 Sold
Premium
Sold
May 31, 2018 Listed by Century 21 Newson Associates $399,900
Listed by Century 21 Newson Associates

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 448
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,950
  • Total Building Area: 2,884
  • Gross Building Area: 4,800
  • Building Area: 2,884
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,884
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000619
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • State Land Use Code: 101

Neighborhood

  • School District Name: School Administrative District 35
  • School Tax School District: RSU 35/MSAD 35
  • Census Tract: 037000

Zoning

  • Zoning: SD

Geography

  • Parcel: ELIO M:33 B:28 L:
  • Block: 28
  • Municipality: ELIOT
  • Latitude: 43.1376
  • Longitude: -70.8243

    Address

  • Full Address: 5 Locust Ave
  • Address - House Number: 5
  • Address - Street Name: Locust
  • Address - Suffix Type: Ave
  • State: ME
  • City Name: Eliot
  • Carrier Code: R001
  • 4-Digit Zip Code: 1039
  • Zip Code: 03903

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $499,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $412,600
  • Assessed Land Value: $107,500
  • Assessed Improvements Value: $305,100

    Sales

  • Current Sale Contract Date: Dec 04, 2018
  • Current Sale Recording Date: Dec 04, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018050690
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 South Eliot

Stats & Trends

Median Asking:

$629,000

Sale Price/ft²

$366

Below Asking

0.06%

Average Days on Market

54

Average Home Size

3052 ft²

Average Home Age

57 years

Currently For Sale

1 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: Lois Widi, Century 21 Newson Associates
Last Updated Date: 2018-12-04
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4696744
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 5 Locust Avenue built and last sold?
The property at 5 Locust Avenue was built in 1989 and last sold on Dec 4, 2018 for $469,800.
How much is this home worth?
The estimated value of the home located at 5 Locust Avenue is $0.
What are some comparable homes to 5 Locust Avenue?
There are currently no comparable homes to 5 Locust Avenue.
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