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Cape Neddick 03909
8/Lot 4 Jo Lenes Drive
Listed by: Lorilyn Barrett, Coldwell Banker Yorke Realty, Selling Office: Coldwell Banker Yorke Realty, Listing Courtesy of Prime MLS
$280,000
● Land - Off Market

8/Lot 4 Jo Lenes Drive

York, ME 03909
bedrooms
Studio
bathrooms
0 Bath
$524,261
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

ATLANTIC OCEAN VIEWS WITH ROW TO BEACH. Build your free standing dream home across from Long Sands Beach. Level, open lot just waiting for you to break ground! Public water and sewer. Part of a 5-unit condo complex on shared land with common acreage.
Unit Size
-
Days on Market
-
Land Size
2.96 acres
Price per sqft
-
Property Type
Land
Property Taxes
$166
HOA Dues
-
Year Built
2017

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: 2 years ago (Prime MLS #4186359)

Price History

Date / Event Date Event Price
Apr 3, 2015 Sold
Premium
Sold
Sep 16, 2012 Listed by Coldwell Banker Yorke Realty $290,000
Listed by Coldwell Banker Yorke Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,200
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 128,938
  • Total Building Area: 3,992
  • Gross Building Area: 7,028
  • Building Area: 3,992
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,992
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANDING LONG SANDS
  • Land Acres: 0000002960
  • Standard Land Use Code: 1004
  • County Land Use Code: 102
  • State Land Use Code: 102

Neighborhood

  • School District Name: School Administrative District 35
  • School Tax School District: YORK PS
  • Census Tract: 036003

Zoning

  • Zoning: R7

Geography

  • Parcel: YORK M:0038 B:0049 L:0004
  • Block: 49
  • Lot: 4
  • Municipality: YORK
  • Latitude: 43.1526
  • Longitude: -70.6253

    Address

  • Full Address: 8 Jo Lenes Dr
  • Address - House Number: 8
  • Address - Street Name: Jo Lenes
  • Address - Suffix Type: Dr
  • State: ME
  • City Name: York
  • Carrier Code: C001
  • 4-Digit Zip Code: 1162
  • Zip Code: 03909

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,039,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 1,375,598
  • High Value: 1,624,157
  • Low Value: 1,127,039

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,216,000
  • Assessed Land Value: $419,700
  • Assessed Improvements Value: $796,300

    Sales

  • Current Sale Recording Date: Apr 03, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 000000011963
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 Cape Neddick

Stats & Trends

Median Asking:

$155,000

Sale Price/ft²

$152

Below Asking

0.01%

Average Days on Market

42

Average Home Size

827 ft²

Average Home Age

24.6 years

Currently For Sale

7 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: Lorilyn Barrett, Coldwell Banker Yorke Realty
Last Checked: 6 hours ago
Data Source: Prime MLS, MLS# 4186359
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 8 Jo Lenes Drive built and last sold?
The property at 8 Jo Lenes Drive was built in 2017 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 8 Jo Lenes Drive is $292,900.
What are some comparable homes to 8 Jo Lenes Drive?
There are currently no comparable homes to 8 Jo Lenes Drive.
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