New Construction
New
For Sale
$600,000
33 Sand Pond Road, East Baldwin, ME 04024
Multi-Family, Baldwin, ME
Property Size2,464 SF
Lot Size2.00 Acres
Price / SF$243.51
Days on Market3
Property Features for 33 Sand Pond Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
Res
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Patio and Porch features
Deck, Porch
Interior features
Bathtub
Basement
Crawl Space
Lot features
Well Landscaped, Open, Level, Wooded, Near Public Beach, Neighborhood, Rural, Subdivided
Standard status
Active
Size
2,464 SF
Lot size
2.00 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
4800
Utilities
Sewer type
Private Sewer
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Heat Pump
Water source
Private, Well
Water front features
Lake
Water front
1
Building Details
Year built
2026
Number of units
2
Flooring type
Vinyl, Carpet
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Architectural style
Colonial
Listing Agency:
EXP Realty
(888) 439-8743
Listed By:
Leonard Tracy III
(207) 749-6890
Added: Oct 13
Last Checked: Oct 15 at 6:06AM
MLS# 1684072
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.
This Colonial-style duplex is under construction and contains 2,464 square feet across two separate residences. Each home has three bedrooms and 1.5 bathrooms, for a combined total of six bedrooms and three bathrooms. Exterior details include wood-frame construction with vinyl siding, covered entries, a porch, and a deck; the property also has gravel parking. Heating and cooling are provided by heat pumps, with electric heat also listed. Water comes from a private well, and the property has a private sewer system.
The two-acre parcel is less than 2,500 feet from a residents-only private beach on Sand Pond. The wooded setting, nearby lake access, and two-home layout are notable features of the property. Zoning is listed as Res.
The two-acre parcel is less than 2,500 feet from a residents-only private beach on Sand Pond. The wooded setting, nearby lake access, and two-home layout are notable features of the property. Zoning is listed as Res.
Key Highlights
- Two residences, each with 3 bedrooms and 1.5 bathrooms
- 2,464‑square‑foot duplex on 2 acres
- Less than 2,500 feet from a residents‑only private beach on Sand Pond
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
NOI $43,543 @ 7.0% cap · market cap 7.26%
Second Best
Apartment 5plus
$578.7K
$506.4K – $675.2K
NOI $40,510 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$677.2K
$592.6K – $790.1K
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
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
6
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences sit on a wooded two-acre parcel near Sand Pond.
Where is this duplex located?
The property is located at 33 Sand Pond Road 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, each with 3 bedrooms and 1.5 bathrooms; 2,464‑square‑foot duplex on 2 acres; Less than 2,500 feet from a residents‑only private beach on Sand Pond
