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Property profile & analytics
FOR SALE
Investment properties
298 Main St Yarmouth, ME 04096
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US42-0208960
For Sale
1 / 5
$1,120,000
298 Main St, Yarmouth, ME 04096
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1890
Construction
FRAME
Total area
11,333 SF
Lot
0.22 ac (9,583 SF)
Zoning code
17
APN
YMTH M:037 L:030
UPID
US42-0208960
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
Current use
Occupant on record · Public records
-
Main Street Energy Lab Sports Field & Court
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$861k
Blend (final)
Blend
$1.04M
Owner & transaction history
Authentic Fndtn 298 LLC · 2 yrs held
Authentic Fndtn 298 LLC
since 2024
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
17 · Yarmouth, 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 Yarmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yarmouth 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
$1,040,000
ML approach
$1,040,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±10% · vs last sale $1.04M (Mar 11 2024)
Last sale anchor
$1.04M
Mar 11 2024
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
$92 / 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
$12,043
Tax year 2023
Assessed value
$511,600
Assessed 2023
Previous assessed
$511,600
+0.0% YoY
Effective rate
2.35%
On assessed value
Assessed land
$135,900
Assessed improvement
$375,700
Applied tax rate
87,845.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1890
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
6
Total area
11,333 SF
Lot
0.22 ac (9,583 SF)
Zoning code
17
APN
YMTH M:037 L:030
UPID
US42-0208960
Jurisdiction
YARMOUTH
Zoning & alternative use
17 · Yarmouth, ME
Zoning 17 · permitted uses
17 · Yarmouth, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yarmouth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
6
Lot
0.22 ac
Current owner
From public records · entity-resolved
Authentic Fndtn 298 LLC
Entity
Mailing address
298 MAIN ST, YARMOUTH, ME 04096-6751
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2024
—
Authentic Fndtn 298 LLC
—
Deed
related
$4,600,000 · Gorham Savings Bank
Mar 11, 2024
$1,040,000
Authentic Fndtn 298 LLC
298 Main Partners LLC
Warranty Deed
—
Mar 28, 2023
—
298 Main Partners LLC
—
Deed
related
$200,000 · Kennebec Savings Bank
Nov 9, 2021
—
298 Main Partners LLC
—
Deed
related
$400,000 · Kennebec Savings Bank
Oct 9, 2020
—
298 Main Partners LLC
James Burgess INC
Warranty Deed
$405,000 · James Burgess INC
Aug 2, 2013
—
Orrin H Est Phipps
Yarmouth Lumber INC
Warranty Deed
related
—
Feb 19, 2009
—
James Burgess INC
—
Deed Of Trust
related
$249,000 · Maine Bank & Trust Co
Mar 20, 2006
—
James Burgess INC
—
Deed Of Trust
related
$135,000 · Maine Bank & Trust Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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