Duplex with Daylight
New
For Sale
$650,000
57 Wilson Drive, Westbrook, ME 04092
Multi-Family, Westbrook, ME
Property Size2,646 SF
Lot Size1.37 Acres
Price / SF$245.65
Days on Market2
Property Features for 57 Wilson Drive
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
R
Bathrooms
3
Full bathrooms
3
Rooms
Basement, Bathroom 3, Bathroom 1, Bathroom 2
Parking features
Off Street
Patio and Porch features
Deck
Interior features
In-Law Apartment, 1st Floor Primary Bedroom w/Bath, Bathtub, Primary Bedroom w/Bath
Basement
Finished, Walk-Out Access, Full
Lot features
Rolling/ Sloping, Cul-De-Sac, Sidewalks, Near Town, Subdivided
Standard status
Active
Size
2,646 SF
Lot size
1.37 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
4690
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Baseboard, Oil
Water source
Public
Building Details
Year built
2010
Number of units
2
Flooring type
Carpet, Vinyl, Wood, Tile
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Architectural style
Ranch
Listing Agency:
Signature Homes Real Estate Group, LLC
(207) 805-1062
Listed By:
Matthew Lamontagne Gena Lamontagne
(207) 749-0433
Added: Aug 28
Last Checked: Aug 29 at 12:06AM
MLS# 1678148
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 2,646-square-foot duplex, built in 2010, is arranged as two distinct living areas. The main level includes an open kitchen, living room, dining area, primary suite, two additional bedrooms, a full bathroom, and first-floor laundry. A deck extends the living area outdoors and overlooks the backyard.
The daylight basement provides a separate kitchen, full bathroom, living and dining areas, and three bedrooms. The property occupies approximately 1.37 acres at the end of a dead-end street in Westbrook, with off-street parking, public water, and public sewer. Wood-frame construction, vinyl siding, a shingle roof, and a ranch architectural style complete the property.
The daylight basement provides a separate kitchen, full bathroom, living and dining areas, and three bedrooms. The property occupies approximately 1.37 acres at the end of a dead-end street in Westbrook, with off-street parking, public water, and public sewer. Wood-frame construction, vinyl siding, a shingle roof, and a ranch architectural style complete the property.
Key Highlights
- 2,646 SF duplex built in 2010
- Approximately 1.37 acres at the end of a dead‑end street
- Daylight basement with kitchen, full bathroom, living and dining areas, and three bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,759
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$935,180
$935.2K
Cap Rate 7%
$667,986
$668.0K
Cap Rate 9%
$519,544
$519.5K
Market Conditions
NOI Build-Up for 2,646 SF
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.
Gross rent
$71.4K $27.00/SF
− Vacancy
−$4.6K −$1.76/SF
EGI
$66.8K $25.25/SF
− OpEx
−$20.0K −$7.57/SF
NOI
$46.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$935,180
Cap Rate 7%
$667,986
Cap Rate 9%
$519,544
Alternative Uses
Best Use
Multifamily LT 5
$668.0K
$584.5K – $779.3K
NOI $46,759 @ 7.0% cap · market cap 7.19%
Second Best
Apartment 5plus
$621.5K
$543.8K – $725.0K
NOI $43,502 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$727.3K
$636.4K – $848.5K
NOI $50,908 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Explore this area
Business Placement
Demographics for 04092, ME
20,400
Population
9,404
Households
2.2
Avg Household Size
40
Median Age
40%
College-Educated
96%
High-School Grad
17.2 sq mi
ZIP Area
1,186
Density / Sq Mi
$85,868
Median Household Income
$49,922
Median Earnings
$1,373
Median Rent
$341,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate living spaces include kitchens, bedrooms, full baths, laundry, and outdoor space.
Where is this duplex located?
The property is located at 57 Wilson Drive Westbrook, ME.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,646 SF duplex built in 2010; Approximately 1.37 acres at the end of a dead‑end street; Daylight basement with kitchen, full bathroom, living and dining areas, and three bedrooms
