Building Details

Year Built 2026

Listed By: Kathy Gallant Show Phone

Source: Gre207

Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 2:04AM

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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 Kathy Gallant

Investment Insights

Based on property information with market context.

This 2,464-square-foot duplex contains two residences, each with three bedrooms and one-and-a-half bathrooms. The 2026 construction includes covered entryways and a gravel parking area, with wooded surroundings. The combined layout provides six bedrooms and three bathrooms across the property.

At 33 Sand Pond Rd in Baldwin, a residents-only private beach on Sand Pond is less than 2,500 feet away.

Key Highlights

• Two residences with three bedrooms and one‑and‑a‑half bathrooms apiece
• 2,464 square feet of building area
• Built in 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$43,543

Cap Rate

7.26%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$870,860 $870.9K

Cap Rate 7%

$622,043 $622.0K

Cap Rate 9%

$483,811 $483.8K

Market Conditions

NOI Build-Up for 2,464 SF

Gross rent

$66.5K $27.00/SF

− Vacancy

−$4.3K −$1.76/SF

EGI

$62.2K $25.25/SF

− OpEx

−$18.7K −$7.57/SF

NOI

$43.5K $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 Rate 5%

$870,860

Cap Rate 7%

$622,043

Cap Rate 9%

$483,811

Alternative Uses

Best Use

Multifamily LT 5

$622.0K

$544.3K – $725.7K (±1% cap)

NOI $43,543 @ 7.0% cap · market cap 7.26%

Second Best

Apartment 5plus

$578.7K

$506.4K – $675.2K (±1% cap)

NOI $40,510 @ 7.0% cap · market cap 6.75%

Theoretical Best

Office A

$677.2K

$592.6K – $790.1K (±1% cap)

NOI $47,406 @ 7.0% cap · market cap 7.90%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Furniture & Home Goods Storage Facility Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

3

Businesses Nearby

Explore this area Business Placement

Demographics for 04024, ME

572

Population

247

Households

2.3

Avg Household Size

49

Median Age

14%

College-Educated

93%

High-School Grad

15.0 sq mi

ZIP Area

38

Density / Sq Mi

$55,833

Median Household Income

$41,181

Median Earnings

$239,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Duplex - Both residences offer three bedrooms and one-and-a-half bathrooms, with completion in 2026.

Where is this duplex located?

The property is located at 33 Sand Pond Rd East Baldwin, ME.

What is the asking price?

The asking price for this property is $600,000.

What are key features of this property?

This property features: Two residences with three bedrooms and one‑and‑a‑half bathrooms apiece; 2,464 square feet of building area; Built in 2026