York
512 Shore Road #17
$440,708*
●
Condo -
Off Market
512 Shore Road #17
Ogunquit, ME 03907
2 Beds
2 Baths
1,070 Ft²
$261,000 - $317,000
Reference Base Price*
51.97%
Since Feb 1, 2019
National-US
Primary Model
About This Property
Significant price reduction and condo fees prepaid for one year,
exceptional Ogunquit value! An ideal location, steps to Perkins
Cove, The famed Marginal Way footpath and Beaches. This third
floor, 2 bedroom, 2 bath, spacious condominium at The Hillcrest
offers outstanding ocean views from its penthouse perch. The
beautifully maintained year round unit boasts a full kitchen, wood
flooring, two decks, one off the kitchen and the other off the
master bedroom suite. Lovely common outdoor patio space with
seating and grills available. Wonderful investment property and
vacation favorite to enjoy all Ogunquit offers. As a great
incentive, a year of condominium fees will be prepaid with an
acceptable contract at a closing!
Unit Size
1,070 Ft²
Days on Market
-
Land Size
-
Price per sqft
$271
Property Type
Condo
Property Taxes
$132
HOA Dues
-
Year Built
-
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 29, 2020 | In contract | - | |
| In contract | |||
| Jul 24, 2020 | No longer available | - | |
| No longer available | |||
| Jul 19, 2020 | Listed | $379,900 | |
| Listed | |||
| | |||
|
Perkins Cove & Marginal Way lovers take note! This top floor unit is year round and boasts 2 bedrooms and 2 baths, hardwood floors and large deck that lets you take in the sites and sounds of the Atlantic beyond. It is in pristine condition, fully equipped and move in ready. This is the retreat that you have been waiting for! Drop your suitcase and start enjoying those ocean breezes and instantaneous relaxation. Use it as your personal escape or as an investment opportunity as there is onsite rental management to handle all the details and it would rent like a charm. Don't miss out, call today to schedule your private, safe preview. (no pets)
| |||
| Jan 3, 2019 | No longer available | - | |
| No longer available | |||
Show More
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 |
|---|---|---|---|---|---|---|---|
|
02/11/2024
| |
1 Bed
|
2 Bath
|
655 ft²
|
$359,900
1 Bed
2 Bath
655 ft²
|
-
-
|
Carolyn Weller
RE/MAX Realty One
|
|
04/07/2022
|
1 Bed
|
1 Bath
|
-
|
$349,900
1 Bed
1 Bath
|
-
-
|
Carolyn Weller
RE/MAX Realty One
| |
|
09/12/2020
|
1 Bed
|
2 Bath
|
-
|
$269,000
1 Bed
2 Bath
|
-
-
|
-
| |
|
07/19/2020
|
2 Bed
|
2 Bath
|
-
|
$379,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
06/13/2020
|
1 Bed
|
1 Bath
|
-
|
$259,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
12/15/2019
|
1 Bed
|
1 Bath
|
-
|
$299,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
07/22/2018
|
1 Bed
|
2 Bath
|
655 ft²
|
$239,500
1 Bed
2 Bath
655 ft²
|
-
-
|
-
| |
|
07/16/2018
|
2 Bed
|
2 Bath
|
1070 ft²
|
$299,999
2 Bed
2 Bath
1070 ft²
|
-
-
|
-
| |
|
05/15/2018
| |
1 Bed
|
1 Bath
|
655 ft²
|
-
1 Bed
1 Bath
655 ft²
|
-
-
|
-
|
|
07/08/2017
| |
2 Bed
|
2 Bath
|
1070 ft²
|
-
2 Bed
2 Bath
1070 ft²
|
-
-
|
-
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017