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York
62 Michaels Road
Listed by: Margaret Mitchell, Coldwell Banker Yorke Realty, Selling Office: Coldwell Banker Yorke Realty, Listing Courtesy of Prime MLS
$35,000
● Mobile Manufactured - Off Market

62 Michaels Road

Wells, ME 04090
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,056 Ft²
$90,661
RealtyHop Estimate
101.92%
Since May 1, 2013
National-US
Primary Model

About This Property

Ahoy Matey! Nautical feel to this well-maintained home. Open concept, vaulted ceilings, new carpet, 2 large master suites with oversized closets. Fully furnished. Nicely landscaped yard with shed. Easy commute I-95 & Amtrak. 8 miles to beach!
Unit Size
1,056 Ft²
Days on Market
-
Land Size
-
Price per sqft
$43
Property Type
Mobile Manufactured
Property Taxes
$51
HOA Dues
$315
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 #4086411)

Price History

Date / Event Date Event Price
Apr 24, 2013 Sold
Premium
Sold
May 10, 2011 Listed by Coldwell Banker Yorke Realty $44,900
Listed by Coldwell Banker Yorke Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,056
  • Gross Building Area: 2,208
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: WELLS-OGUNQUIT
  • Census Tract: 034002

Geography

  • Parcel: WLLS M:045 L:6-37-L
  • Lot: 6-37-L
  • Municipality: WELLS
  • Latitude: 43.3435
  • Longitude: -70.7007

    Address

  • Full Address: 62 Michaels Rd
  • Address - House Number: 62
  • Address - Street Name: Michaels
  • Address - Suffix Type: Rd
  • State: ME
  • City Name: Wells
  • Carrier Code: R003
  • 4-Digit Zip Code: 6530
  • Zip Code: 04090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $57,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2336
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 67
  • Final Value: 249,539
  • High Value: 307,854
  • Low Value: 191,223

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,160
  • Assessed Improvements Value: $96,160

    Sales

  • Current Sale Recording Date: Apr 28, 2017
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2017015787
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:

$622,400

Sale Price/ft²

$299

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2793 ft²

Average Home Age

39.8 years

Currently For Sale

83 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

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Prime

Listed by: Margaret Mitchell, Coldwell Banker Yorke Realty
Last Updated Date: 2023-04-24
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4086411
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 62 Michaels Road built and last sold?
The property at 62 Michaels Road was built in 1989 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 62 Michaels Road is $0.
What are some comparable homes to 62 Michaels Road?
There are currently no comparable homes to 62 Michaels Road.
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