Duplex with Separate
43 Dexter Ln, North Yarmouth, ME 04097
For Sale
New
$774,900
A distinct apartment with its own kitchen and full bath provides a second living arrangement.
Property Size3,324 SF
Price / SF$233.12
Days on Market2
Property Features for 43 Dexter Ln
General Information
Standard status
Size
Property subtype
Amenities
whole-house automatic generator
multiple heating and cooling options
Building Details
Year Built
Buildings
Listed By:
Crown Lakes Realty
(207) 436-8889
Source:
Crownlakesrealty
Added: Nov 10
Last Checked: Nov 10 at 2:28PM
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 Crown Lakes Realty
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Investment Insights
Based on property information with market context.
This 3,324-square-foot duplex, built in 1995, includes a separate apartment with a kitchen and full bath, along with an optional first-floor bedroom. Garage space comes from an attached oversized garage and a detached garage at the end of the driveway. A whole-house automatic generator and multiple heating and cooling systems are also part of the property.
Located in North Yarmouth, the property combines distinct living areas with two garages and backup power. These features are part of a flexible residential configuration.
Located in North Yarmouth, the property combines distinct living areas with two garages and backup power. These features are part of a flexible residential configuration.
Key Highlights
- 3,324‑square‑foot duplex built in 1995
- Separate apartment includes its own kitchen and full bath
- Optional first‑floor bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,740
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,174,800
$1.2M
Cap Rate 7%
$839,143
$839.1K
Cap Rate 9%
$652,667
$652.7K
Market Conditions
NOI Build-Up for 3,324 SF
Gross rent
$89.7K $27.00/SF
− Vacancy
−$5.8K −$1.76/SF
EGI
$83.9K $25.25/SF
− OpEx
−$25.2K −$7.57/SF
NOI
$58.7K $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%
$1,174,800
Cap Rate 7%
$839,143
Cap Rate 9%
$652,667
Alternative Uses
Best Use
Multifamily LT 5
$839.1K
$734.3K – $979.0K
NOI $58,740 @ 7.0% cap · market cap 7.58%
Second Best
Apartment 5plus
$780.7K
$683.1K – $910.8K
NOI $54,649 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$913.6K
$799.4K – $1.07M
NOI $63,952 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
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Business Placement
Demographics for 04097, ME
4,072
Population
1,596
Households
2.6
Avg Household Size
43
Median Age
53%
College-Educated
98%
High-School Grad
21.2 sq mi
ZIP Area
192
Density / Sq Mi
$119,813
Median Household Income
$56,215
Median Earnings
$1,615
Median Rent
$480,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Cumberland County, ME
Properties on Market for Duplexes in Cumberland County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A distinct apartment with its own kitchen and full bath provides a second living arrangement.
Where is this duplex located?
The property is located at 43 Dexter Ln North Yarmouth, ME.
What is the asking price?
The asking price for this property is $774,900.
What are key features of this property?
This property features: 3,324‑square‑foot duplex built in 1995; Separate apartment includes its own kitchen and full bath; Optional first‑floor bedroom
