15 Casey Lane Kennebunk, ME 04043
New construction duplex-style home with three-bedroom main residence and a fully equipped two-bedroom apartment above a two-car garage.
Property Features for 15 Casey Lane
General Information
- Standard status
- Active
- Size
- 2,826 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 2025
Listing office Legacy Properties Sotheby's International Realty
Listing date Jun 21, 2026
Source Profoundrealestate
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Investment Insights
Based on property information with market context.
An attached two-car garage is topped by a fully equipped two-bedroom apartment, providing flexibility for extended family, guests, a private home office, or rental use. Located in a small, private neighborhood, the home is described as being moments from local schools, within a short stroll to downtown amenities, and offering quick access to the Maine Turnpike for commuting.
With its multi-level layout and dedicated apartment configuration, the property is designed to support both everyday living and supplemental income potential.
Key Highlights
- New construction home (built 2025) featuring a three‑bedroom main residence with an open‑concept living, dining, and kitchen layout
- Primary suite on the upper level, plus two additional bedrooms in the main residence
- Forced hot air heating and central air conditioning for year‑round comfort
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.9k | $25.44 |
| − Vacancy | −$3.6k | −$1.26 |
| EGI | $68.3k | $24.18 |
| − OpEx | −$20.5k | −$7.25 |
| NOI | $47.8k | $16.93 |
