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Kittery 03904
9 Cottage Way
Listed by: Lisa MacBride, The Gove Group Real Estate, LLC, Selling Office: The Gove Group Real Estate, LLC, Listing Courtesy of Prime MLS
$625,000
● House - Off Market

9 Cottage Way

Kittery, ME 03904
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,106 Ft²
$1,117,020
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Spectacular Water Views to enjoy now! This large 11 room 4-5 bedroom home was just thoroughly renovated and now ready to move in! Situated on a private peninsulaoverlooking Spruce Creek from every room, a unique and gorgeous setting. Large private room above garage with full bath for studio or guest suite/office. Located at The Cottages at Spruce Creek with a shared dock for kayaks and canoes, and common water frontage. Walk to restaurants and shops and close to area beaches and scenic ocean front parks.
Unit Size
4,106 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$153
Property Type
House
Property Taxes
$826
HOA Dues
-
Year Built
1977

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 #4377816)

Price History

Date / Event Date Event Price
Jul 21, 2015 Sold
Premium
Sold
Aug 13, 2014 Listed by The Gove Group Real Estate, LLC $629,000
Listed by The Gove Group Real Estate, LLC

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 952
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 4,048
  • Gross Building Area: 6,780
  • Building Area: 4,048
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,048
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRUCE CRK CONDO
  • Land Acres: 0000000470
  • Standard Land Use Code: 1004
  • County Land Use Code: 102
  • State Land Use Code: 102

Neighborhood

  • School District Name: Biddeford
  • School Tax School District: KITTERY PS
  • Census Tract: 038001

Zoning

  • Zoning: R-RL

Geography

  • Account Number: 38/13-6
  • Parcel: KITT M:038 L:013-006
  • Lot: 13-6
  • Municipality: KITTERY
  • Latitude: 43.1107
  • Longitude: -70.7325

    Address

  • Full Address: 9 Cottage Way
  • Address - House Number: 9
  • Address - Street Name: Cottage
  • Address - Suffix Type: Way
  • State: ME
  • City Name: Kittery
  • Carrier Code: R012
  • 4-Digit Zip Code: 5641
  • Zip Code: 03904

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,063,800

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 74
  • Final Value: 1,071,322
  • High Value: 1,274,531
  • Low Value: 868,114

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $789,200
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $714,200

    Sales

  • Current Sale Recording Date: Jul 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 000000028604

    Financing

  • First Mortgage Financing Type: ADJ
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 Kittery

Stats & Trends

Median Asking:

$899,000

Sale Price/ft²

$449

Below Asking

0.01%

Average Days on Market

38

Average Home Size

1882 ft²

Average Home Age

34.6 years

Currently For Sale

5 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

Unit for rent at 7 Wallingford, Kittery, 03904

$3,600 /mo

  • 2 Beds
  • 1 Bath
  • 2,068 ft²
7 Wallingford #301, Kittery, 03904 Listing by Patrick McCann
Unit for rent at 21 Old Ferry, Kittery, 03904

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,489 ft²
21 Old Ferry, Kittery, 03904 Listing by Patrick Carey

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Lisa MacBride, The Gove Group Real Estate, LLC
Last Updated Date: 2015-07-21
Last Checked: -3 hour ago
Data Source: Prime MLS, MLS# 4377816
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 9 Cottage Way built and last sold?
The property at 9 Cottage Way was built in 1977 and last sold on Jan 1, 1970 for $703,100.
How much is this home worth?
The estimated value of the home located at 9 Cottage Way is $0.
What are some comparable homes to 9 Cottage Way?
There are currently no comparable homes to 9 Cottage Way.
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