Duplex with Separate
New
For Sale
$650,000
100 Eisenhower Drive, Westbrook, ME 04092
Multi-Family, Westbrook, ME
Property Size2,240 SF
Lot Size0.46 Acres
Price / SF$290.18
Days on Market3
Property Features for 100 Eisenhower Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RGAZ-12
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Basement
Patio and Porch features
Porch
Basement
Unfinished, Full
Lot features
Open, Level, Sidewalks, Near Shopping, Near Turnpike/ Interstate, Near Town, Near Public Transit
Standard status
Active
Size
2,240 SF
Lot size
0.46 Acres
Taxes and HOA fees
Tax Year
26
Tax Annual Amount
5304
Utilities
Sewer type
Public Sewer
Heating system
Propane (Heating), Natural Gas, Hot Water(Heating), Baseboard
Water source
Public
Building Details
Year built
2007
Floors in Building
2
Number of units
2
Flooring type
Carpet, Laminate
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Architectural style
Colonial
Listing Agency:
Demetria Real Estate
Listed By:
Aaron Chadbourne
(207) 839-5122
Added: Sep 24
Last Checked: Sep 26 at 12:06PM
MLS# 1681950
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2007, this 2,240-square-foot duplex contains two townhouse-style units. Each residence has two bedrooms, one full bathroom, an open first-floor living and dining area, and its own full unfinished basement. Separate utility meters serve the units. The property sits on 0.46 acres and includes a paved driveway, parking, a backyard, and a porch.
The Westbrook property is near downtown restaurants and shops, Riverbank Park, interstate access, Portland International Jetport, and IDEXX. Public water and sewer serve the site, and the zoning designation is RGAZ-12.
The Westbrook property is near downtown restaurants and shops, Riverbank Park, interstate access, Portland International Jetport, and IDEXX. Public water and sewer serve the site, and the zoning designation is RGAZ-12.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 full bathroom in each residence
- 2,240 square feet of building area on 0.46 acres
- Separate utility meters for the two units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,584
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$791,680
$791.7K
Cap Rate 7%
$565,486
$565.5K
Cap Rate 9%
$439,822
$439.8K
Market Conditions
NOI Build-Up for 2,240 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$60.5K $27.00/SF
− Vacancy
−$3.9K −$1.76/SF
EGI
$56.5K $25.25/SF
− OpEx
−$17.0K −$7.57/SF
NOI
$39.6K $17.67/SF
Area
Cumberland County, ME
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$791,680
Cap Rate 7%
$565,486
Cap Rate 9%
$439,822
Alternative Uses
Best Use
Multifamily LT 5
$565.5K
$494.8K – $659.7K
NOI $39,584 @ 7.0% cap · market cap 6.09%
Second Best
Apartment 5plus
$526.1K
$460.3K – $613.8K
NOI $36,827 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$615.7K
$538.7K – $718.3K
NOI $43,097 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Explore this area
Business Placement
Demographics for 04092, ME
20,400
Population
9,404
Households
2.2
Avg Household Size
40
Median Age
40%
College-Educated
96%
High-School Grad
17.2 sq mi
ZIP Area
1,186
Density / Sq Mi
$85,868
Median Household Income
$49,922
Median Earnings
$1,373
Median Rent
$341,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two townhouse-style residences have independent utility meters and private unfinished basements.
Where is this duplex located?
The property is located at 100 Eisenhower Drive Westbrook, ME.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 full bathroom in each residence; 2,240 square feet of building area on 0.46 acres; Separate utility meters for the two units
