590 Newfield Road, Shapleigh, ME 04076
MULTI_FAMILY - Ranch - Shapleigh, ME
- Added:
- Jul 7, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 8 at 4:06 am
Property Features for 590 Newfield Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- General Purpose
- Bathrooms
- 3
- Rooms
- Basement, Bathroom 2, Bathroom 1, Bathroom 3
- Basement
- Daylight, Full, Walk-Out Access
- Standard status
- Active
- Size
- 1,453 SF
- Lot size
- 3.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2111
Utilities
- Sewer type
- Private Sewer
- Heating system
- Forced Air, Oil, Propane (Heating), Wood
- Water source
- Private
- Water front
- 1
Building Details
- Year built
- 1990
- Number of units
- 2
- Flooring type
- Concrete, Laminate, Carpet
- Building materials
- Wood Frame, Metal Clad
- Roof type
- Metal
- Architectural style
- Ranch
Listing agent Christopher Foster (207) 712-5674
Listing office Keller Williams Realty 50 Sewall Street, Portland, ME (207) 879-9800
Listing date Jul 7, 2026
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.
HighLights
- Three‑bedroom mobile home built in 1990 on a full foundation
- Main level offers 3 bedrooms, 2 full bathrooms, and open‑concept living spaces
- Full walk‑out basement with its own private entrance and a full bath, plus several finished rooms
- Set on 3 acres with private water source and private sewer system
- Metal roof; construction materials include wood frame and metal clad
- Heating includes forced air, wood, oil, and propane (heating)
Overview
Located at 590 Newfield Road in Shapleigh, Maine, the home sits on approximately three acres. The grounds are described as open and natural, with an outdoor stream referenced on-site, offering room for an outdoor sitting area near the water.
For buyers and operators seeking residential income potential, the layout provides a clear separation between the main level and the walk-out basement through the private entrance. The finished basement rooms and third full bathroom support multi-use configurations depending on how an owner plans to occupy or lease the space. Additionally, the property’s General Purpose zoning is stated as allowing a wide range of options, offering buyers versatility to evaluate different approaches within the permitted framework.
Local 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 | $37.0k | $25.44 |
| − Vacancy | −$1.8k | −$1.26 |
| EGI | $35.1k | $24.18 |
| − OpEx | −$10.5k | −$7.25 |
| NOI | $24.6k | $16.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Shapleigh
- County
- York
- State
- Maine
- Longitude
- -70.833202
- Latitude
- 43.615445
