Two-Unit Duplex with
569 Stanley Road, Winthrop, ME 04364
For Sale
$439,000
Both residences have open layouts, two bedrooms, one full bath, and a separate porch.
Property Size1,792 SF
Lot Size2.43 Acres
Price / SF$244.98
Days on Market203
Property Features for 569 Stanley Road
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
porch
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
Homestead Realty
(207) 377-7300
Listed By:
Patricia Ladd
(207) 458-7303
Source:
Integrityhomesrealestategroup
Added: Apr 23
Changed: Nov 11
Last Checked: Nov 11 at 2:18AM
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 Homestead Realty
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Investment Insights
Based on property information with market context.
Built in 2004, this duplex contains two open-plan residences, each with two bedrooms, one full bathroom, and its own porch. The building totals 1,792 square feet and sits on 2.43 acres in Winthrop. The property is zoned PW, and one unit is currently vacant.
Key Highlights
- Two residences, each with 2 bedrooms and 1 full bath
- 1,792‑square‑foot building on 2.43 acres
- A separate porch serves each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,012
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,240
$400.2K
Cap Rate 7%
$285,886
$285.9K
Cap Rate 9%
$222,356
$222.4K
Market Conditions
NOI Build-Up for 1,792 SF
Gross rent
$29.0K $16.20/SF
− Vacancy
−$441 −$0.25/SF
EGI
$28.6K $15.95/SF
− OpEx
−$8.6K −$4.79/SF
NOI
$20.0K $11.17/SF
Area
Kennebec County, ME
Vacancy
1.52%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,240
Cap Rate 7%
$285,886
Cap Rate 9%
$222,356
Alternative Uses
Best Use
Multifamily LT 5
$285.9K
$250.2K – $333.5K
NOI $20,012 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$249.4K
$218.2K – $291.0K
NOI $17,457 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$509.3K
$445.7K – $594.2K
NOI $35,652 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
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Business Placement
Demographics for 04364, ME
6,115
Population
3,342
Households
1.8
Avg Household Size
47
Median Age
37%
College-Educated
98%
High-School Grad
31.1 sq mi
ZIP Area
197
Density / Sq Mi
$82,858
Median Household Income
$44,602
Median Earnings
$1,031
Median Rent
$273,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Kennebec County, ME
Properties on Market for Duplexes in Kennebec County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have open layouts, two bedrooms, one full bath, and a separate porch.
Where is this duplex located?
The property is located at 569 Stanley Road Winthrop, ME.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 full bath; 1,792‑square‑foot building on 2.43 acres; A separate porch serves each unit
