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    45 Clb House Rd Levant, ME 04456

    Sponsored
    For Sale
    $450,000

    MULTI_FAMILY - Ranch - Levant, ME

    Type:Single Family Residence
    Property size:
    4,560 SF
    Lot size:
    19.00 Acres
    Days on Market:
    18
    Last Refresh:
    Jan 19 at 2:06 pm

    Property Features for 45 Clb House Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    Rural
    Rooms
    Basement, Bathroom 2, Bathroom 5, Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 6
    Patio and Porch features
    Deck
    Interior features
    Walk-in Closets, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Primary Bedroom w/Bath
    Size
    4,560 SF
    Lot size
    19.00 Acres

    Utilities

    Sewer type
    Septic Tank, Private Sewer
    Heating system
    Forced Air
    Water source
    Well, Private

    Building Details

    Year built
    1990
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Laminate, Carpet
    Building materials
    Vinyl Siding, Mobile
    Roof type
    Metal, Shingle
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Kortnie Mullins

    Realty of Maine (207) 942-6310 [email protected]

    Listing agent Kortnie Mullins (207) 942-6310

    Listing date Jan 2, 2026

    MLS# 1633049 Listing URL

    Copyright © 2026 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Income-Producing Mobile Home Park

    This 19-acre property in Levant, ME, presents an investment opportunity with three income-producing mobile homes. The property is zoned as Rural and includes three residences: 45 Clubhouse Road, 59 Clubhouse Road, and 61 Clubhouse Road. 45 Clubhouse Road is a 24x54 double-wide with 3 bedrooms, 2 full baths, a metal roof, a 1-car garage, and a fireplace. It features newer carpet, a renovated kitchen, and an open-concept layout and is currently rented for $2,150 per month. 59 Clubhouse Road is a 28x48 double-wide with 3 bedrooms, 2 full baths, and a mudroom. It has an open-concept kitchen and living area and is currently rented for $2,150 per month. 61 Clubhouse Road is a large single-wide measuring 72x14 with a 24x38 addition, offering 4 bedrooms, 1.5 bathrooms, and a fireplace in the open living area, and is rented for $1,500 per month. Each home has its own septic and leach field. There is room to add two more homes if desired. All three homes are serviced by a shared well and have direct access to snowmobile trails. The property offers immediate income, expansion potential, and outdoor enjoyment.
    Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Levant
    County
    Penobscot
    State
    Maine
    Longitude
    -69.032554
    Latitude
    44.891061

    Nearby Similar for Sale

    • $1,600,000
      3,500 SF

      Versatile Commercial Building on Two Acres

      50' x 70' commercial building with residential build potential.
      34 S Levant Rd, Levant, ME 04456
      View Details

    FAQs

    What type of property is this?
    Mobile home & RV park - 19-acre mobile home park with three income-producing properties.
    Where is this mobile home & rv park located?
    The property is located at 45 Clb House Rd Levant, ME.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - 19-acre parcel with three income-producing mobile homes, providing immediate rental income.; - Potential to add two more homes for increased income.; - Direct access to snowmobile trails for recreational enjoyment.
    (207) 991-4924
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    45 Clb House Rd Levant, ME 04456
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    We can help!
    Listing Contact
    Kortnie Mullins
    (207) 991-4924
    Learn more
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