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York 03901
502 School Street
Listed by: Bert Stevens, RE/MAX Realty Group, Selling Office: KW Coastal and Lakes & Mountains Realty, Listing Courtesy of Prime MLS
$199,900
● Mobile Manufactured - Off Market

502 School Street

Berwick, ME 03901
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,232 Ft²
$292,980
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Bonus Package Deal! Ready for immediate occupancy 3 bedroom, 2 bath double wide on 2.07ac parcel. Large eat-in kitchen w/extra cabinets, cathedral ceiling in living room with fireplace, master suite and additional 2 bedrooms and bath. Also included is 5.93ac surveyed back lot ready for future plans or new home. Showing start 8/1/19 - 4:30-6:00pm
Unit Size
1,232 Ft²
Days on Market
-
Land Size
-
Price per sqft
$162
Property Type
Mobile Manufactured
Property Taxes
$230
HOA Dues
-
Year Built
2006

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 #4767619)

Price History

Date / Event Date Event Price
Jan 6, 2023 Sold
Premium
Sold
Aug 2, 2021 Sold
Premium
Sold
Jun 25, 2021 No longer available -
No longer available
Jun 11, 2021 Listed by RE/MAX Realty Group $269,999
Listed by RE/MAX Realty Group
Oct 1, 2019 Sold
Premium
Sold
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 13
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 90,169
  • Total Building Area: 1,232
  • Gross Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002070
  • Standard Land Use Code: 1006
  • County Land Use Code: 103
  • State Land Use Code: 103
  • Mobile Home Indicator: T

Neighborhood

  • School District Name: Wells-Ogunquit Community School District
  • School Tax School District: RSU 60/MSAD 60
  • Census Tract: 032002

Zoning

  • Zoning: R3

Geography

  • Account Number: 2044
  • Parcel: BERW M:R053 B:33 L:B
  • Block: 33
  • Lot: B
  • Municipality: BERWICK
  • Latitude: 43.2853
  • Longitude: -70.792

    Address

  • Full Address: 502 School St
  • Address - House Number: 502
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: ME
  • City Name: Berwick
  • Carrier Code: R022
  • 4-Digit Zip Code: 2822
  • Zip Code: 03901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $261,500

    Appraisal Valuation

  • Standard Deviation: 0.2121
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 71
  • Final Value: 292,082
  • High Value: 354,052
  • Low Value: 230,112

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $143,500
  • Assessed Land Value: $76,800
  • Assessed Improvements Value: $66,700

    Sales

  • Current Sale Contract Date: Dec 30, 2022
  • Current Sale Recording Date: Jan 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 51
  • Current Sale Input Document Number: 2023000450
  • Previous Sale Recording Date: Aug 02, 2021
  • Previous Sale Contract Date: Jul 30, 2021
  • Previous Sale Amount: $332,500
  • 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:

$630,000

Sale Price/ft²

$298

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2718 ft²

Average Home Age

36.4 years

Currently For Sale

77 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

Click here to view more rentals in the neighborhood.
Prime

Listed by: Bert Stevens, RE/MAX Realty Group
Last Updated Date: 2019-09-26
Last Checked: -3 hour ago
Data Source: Prime MLS, MLS# 4767619
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 502 School Street built and last sold?
The property at 502 School Street was built in 2006 and last sold on Dec 30, 2022 for $281,600.
How much is this home worth?
The estimated value of the home located at 502 School Street is $272,699.
What are some comparable homes to 502 School Street?
There are currently no comparable homes to 502 School Street.
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