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Property profile & analytics
OFF-MARKET
Estimated value
$1,370,000
Mobile home & RV parks
1740 Us Rte 1st 1, Cape Neddick, ME 03902-7431
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US42-0481736
Property profile
Verified
Property type
Mobile home & RV parks
Use group
CAMPGROUND, RV PARK
Year built
1950
Construction
FRAME
Total area
2,540 SF
Lot
21.59 ac (940,460 SF)
Zoning code
R1-6
APN
YORK M:0100 B:0026
UPID
US42-0481736
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.37M
Owner & transaction history
Philip Bell · 12 yrs held
Philip Bell
since 2013
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
R1-6 · Cape Neddick, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cape Neddick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cape Neddick submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,315,000
ML approach
$1,260,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.37M
Range $1.23M – $1.51M · ±10% · vs last sale $1.45M (Jan 31 2025)
Last sale anchor
$1.45M
Jan 31 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$539 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,969
Tax year 2023
Assessed value
$1,179,800
Assessed 2023
Previous assessed
$1,145,700
+3.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$768,000
Assessed improvement
$411,800
Applied tax rate
87,985.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Mobile home & RV parks
Use group
CAMPGROUND, RV PARK
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Bathrooms
2
Total area
2,540 SF
Lot
21.59 ac (940,460 SF)
Zoning code
R1-6
APN
YORK M:0100 B:0026
UPID
US42-0481736
Jurisdiction
YORK
Zoning & alternative use
R1-6 · Cape Neddick, ME
Zoning R1-6 · permitted uses
R1-6 · Cape Neddick, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cape Neddick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Bathrooms
2
Lot
21.59 ac
Current owner
From public records · entity-resolved
Philip Bell
Individual
Mailing address
1740 US RTE 1ST 1, CAPE NEDDICK, ME 03902-7431
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2014
—
Philip Bell
—
Grant Deed
related
$240,000 · Kennebunk Svgs Bk
Dec 11, 2013
—
Philip Bell
Sulfam INC
Warranty Deed
related
—
Jan 27, 2012
—
Sulfam INC
—
Deed Of Trust
related
$700,000 · Kennebunk Savings Bank
Dec 28, 2011
—
Sulfam INC
—
Deed Of Trust
related
$60,000 · Kennebunk Savings Bank
Jan 22, 2009
—
Sulfam INC
—
Deed Of Trust
related
$25,000 · Kennebunk Savings Bank
Jun 12, 2007
—
Sulfam INC
—
Deed Of Trust
related
$60,000 · Kennebunk Savings Bank
Jun 1, 2006
—
Sulfam INC
—
Deed Of Trust
related
$25,000 · Kennebunk Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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