Duplex with Accessory Dwelling
For Sale
$659,000
150 Ossipee Trail E, Standish, ME 04084
Ranch-style duplex configuration with an ADU, attached garage, separate heating, and six acres of land.
Property Size2,106 SF
Lot Size6.00 Acres
Price / SF$312.92
Days on Market15
Property Features for 150 Ossipee Trail E
General Information
Standard status
Active
Size
2,106 SF
Lot size
6.00 Acres
Property subtype
Multi-family
Additional Details
Multifamily Units
2
Amenities
inground pool
Building Details
Year Built
1964
Construction
ranch-style
Listing Agency:
Coldwell Banker Realty
(207) 879-9800
Listed By:
Lisa Napolitano
Source:
Profoundrealestate
Added: Aug 17
Changed: Aug 29
Last Checked: Aug 30 at 6:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This duplex property combines a ranch-style home with an accessory dwelling unit positioned above the garage. The attached garage includes a half bath and a kitchen area, while an in-ground pool adds an additional on-site amenity. Separate septic systems serve the main house and apartment, and the heating systems are separated as well. The property also includes a substantial outbuilding and shed that may support additional rental arrangements, subject to applicable requirements.
Located at 150 Ossipee Trl E in Standish, Maine, the property includes six acres of land. Built in 1964, the residence offers a multi-unit layout with distinct spaces for occupancy, household use, or rental purposes as permitted.
Located at 150 Ossipee Trl E in Standish, Maine, the property includes six acres of land. Built in 1964, the residence offers a multi-unit layout with distinct spaces for occupancy, household use, or rental purposes as permitted.
Key Highlights
- Duplex with ranch‑style home and ADU above the garage
- 6 acres of land convey with the property
- Separate septic tanks serve the house and apartment
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
$37,216
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
5.65%
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%
$744,320
$744.3K
Cap Rate 7%
$531,657
$531.7K
Cap Rate 9%
$413,511
$413.5K
Market Conditions
NOI Build-Up for 2,106 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
$56.9K $27.00/SF
− Vacancy
−$3.7K −$1.76/SF
EGI
$53.2K $25.25/SF
− OpEx
−$15.9K −$7.57/SF
NOI
$37.2K $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%
$744,320
Cap Rate 7%
$531,657
Cap Rate 9%
$413,511
Alternative Uses
Best Use
Multifamily LT 5
$531.7K
$465.2K – $620.3K
NOI $37,216 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$494.6K
$432.8K – $577.1K
NOI $34,624 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$578.8K
$506.5K – $675.3K
NOI $40,518 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Explore this area
Business Placement
Demographics for 04084, ME
8,253
Population
3,710
Households
2.2
Avg Household Size
43
Median Age
38%
College-Educated
96%
High-School Grad
43.8 sq mi
ZIP Area
188
Density / Sq Mi
$103,086
Median Household Income
$38,839
Median Earnings
$972
Median Rent
$334,800
Median Home Value
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 - Ranch-style duplex configuration with an ADU, attached garage, separate heating, and six acres of land.
Where is this duplex located?
The property is located at 150 Ossipee Trail E Standish, ME.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Duplex with ranch‑style home and ADU above the garage; 6 acres of land convey with the property; Separate septic tanks serve the house and apartment
