Listed by: Janna Syrene, Bean Group / Portsmouth, Selling Office: A Non PrimeMLS Agency, Listing Courtesy of Prime MLS
$570,000
●
House -
Off Market
987 Alewive Road
Kennebunk, ME 04043
4 Beds
5 Baths,
1
Half Bath
3,913 Ft²
$843,707
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
Spectacular newly renovated Kennebunk home with finished in law
apartment that is a MUST SEE! This home is one of a kind and has
been renovated with passion that is evident in the unique and
elegant style throughout. The large windows allow natural
light to highlight the space and finishes. The kitchen is the heart
of this home, absolutely stunning marble and quartz counters, new
stainless steel KitchenAid appliances open to the living area with
Pella French doors and center wall fireplace. Five bedrooms 2.5
baths and a walk out out that's, just perfect for your extended
family, in-laws or guests. Indoor entertaining can easily
flow outdoors to the spacious paved patio, where you will enjoy
your peace and privacy with 4 acres of land. All of this yet
minutes to the beaches, shopping, fine dining, and festivities of
the Kennebunks. Just 38 minutes to Portland and 37 minutes to
Portsmouth. This home offers more than just living space -- it
offers a lifestyle.
Unit Size
3,913 Ft²
Days on Market
-
Land Size
4.00 acres
Price per sqft
$151
Property Type
House
Property Taxes
$454
HOA Dues
-
Year Built
1990
Payment Calculator (Computations Provided by RealtyHop)
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #4788933)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 25, 2020 | No longer available | - | |
| No longer available | |||
| Mar 25, 2020 | Sold | ||
| Sold | |||
| Dec 31, 2019 | Listed by Bean Group / Portsmouth | $590,000 | |
| Listed by Bean Group / Portsmouth | |||
| Dec 13, 2019 | Price Decreased |
$599,000
↓ $100K
(14.3%) | |
| Price Decreased | |||
| Nov 17, 2019 | Listed | $699,000 | |
| Listed | |||
| | |||
|
This spectacular, newly renovated Kennebunk home is an absolute MUST SEE. The home is one-of-a-kind and has been renovated with passion that is evident in the unique and elegant style throughout. All new large windows allow the natural light to highlight the space and finishes. The kitchen is the heart of this home; absolutely stunning marble and quartz counters & stainless steel KitchenAid appliances open to the living area with Pella French doors and center wall fireplace. Four bedrooms, 4.5 baths and a walk-out lower level with a second kitchen & living space! Just perfect for your extended family, in-laws or guests. Indoor entertaining can easily flow outdoors to the spacious paved patio, where you will enjoy your peace and privacy with four acres of land. This home offers more than just living space- it offers a lifestyle.
| |||
Show More
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About York
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Janna Syrene, Bean Group / Portsmouth
Last Updated Date: 2020-03-23
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4788933
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.
Last Updated Date: 2020-03-23
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4788933
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017