New Duplex with Attached
37 Lower Dedham Road Holden, ME 04429
For Sale
$549,900
Newly constructed duplex features two 2-bedroom units, each with an attached garage and high-efficiency boiler heat.
Property Size1,896 SF
Lot Size1.33 Acres
Price / SF$290.03
Days on Market225
Property Features for 37 Lower Dedham Road
General Information
- Standard status
- Active
- Size
- 1,896 SF
- Lot size
- 1.33 Acres
- Property subtype
- Multi-Family
Building Details
- Year Built
- 2025
Listing Agency:
Realty of Maine
(207) 991-4924
Listed By:
Kortnie Mullins
(207) 991-4924
Source:
Compass
Added: Dec 10, 2025
Changed: Jul 22
Last Checked: Jul 23 at 6:42AM
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 Realty of Maine
Investment Insights
Based on property information with market context.
This newly constructed duplex includes two separate units, each offering 2 bedrooms and 1 full bath. Both units are laid out with a bright open-concept living room and kitchen connection. Kitchens include granite countertops, and luxury vinyl tile flooring runs throughout the units for a durable, consistent finish. Each unit also has its own attached garage with dedicated storage space, and the property is heated by a high-efficiency boiler.
The duplex sits on 1.33 acres at 37 Lower Dedham Road in Holden, ME.
The property is configured to support owner-occupied living with rental income, with flexibility for multigenerational or in-law arrangements, depending on how the units are occupied.
The duplex sits on 1.33 acres at 37 Lower Dedham Road in Holden, ME.
The property is configured to support owner-occupied living with rental income, with flexibility for multigenerational or in-law arrangements, depending on how the units are occupied.
Key Highlights
- Newly constructed 2025 duplex with two 2‑bedroom units and 2 total full baths (1 per unit).
- Each unit features an attached garage with dedicated storage and direct entry to living.
- Open‑concept living and kitchen layout in each unit, with granite countertops.
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 | $26.2k | $13.80 |
| − Vacancy | −$1.3k | −$0.71 |
| EGI | $24.8k | $13.09 |
| − OpEx | −$7.4k | −$3.93 |
| NOI | $17.4k | $9.16 |
1,896 SF · lease $13.80/SF/yr · vacancy 5.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$248.2K
$217.2K – $289.6K
NOI $17,376 @ 7.0% cap · market cap 3.16%
Second Best
Apartment 5plus
$228.3K
$199.8K – $266.4K
NOI $15,981 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$612.4K
$535.8K – $714.4K
NOI $42,865 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Newly constructed duplex features two 2-bedroom units, each with an attached garage and high-efficiency boiler heat.
Where is this duplex located?
The property is located at 37 Lower Dedham Road Holden, ME.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Newly constructed 2025 duplex with two 2‑bedroom units and 2 total full baths (1 per unit).; Each unit features an attached garage with dedicated storage and direct entry to living.; Open‑concept living and kitchen layout in each unit, with granite countertops.
