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Property profile & analytics
OFF-MARKET
Estimated value
$325,000
Residential income homes
448 Gray Rd Windham, ME 04062-6007
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US42-0103480
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1900
Total area
5,185 SF
Lot
0.62 ac (27,007 SF)
Zoning code
FR
APN
WINM M:45 B:6 L:A
UPID
US42-0103480
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
$325k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$325k
Owner & transaction history
448 Gray Rd LLC · 4 yrs held
448 Gray Rd LLC
since 2022
5 recorded transactions
Zoning & alternative use
FR · Windham, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
n of districts; Land Use Map. § 120-403 Uncertain boundary locations. § 120-404 Division of lots by districts. § 120-405 Shoreland zoning districts. § 120-406 Farm District (F). note § 120-407 Farm-Residential District (FR). § 120-408 Light-Density Residential District (RL). § 120-409 Medium-Density Residential District (RM). note § 120-410 Commercial Distri…
Zone name
Farm Residential
General category
RESIDENTIAL
Zone area
3,250.65 ac
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 Windham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Windham 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
by Request
ML approach
$325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$325k
Range $293k – $358k · ±10%
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
$63 / 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
$8,234
Tax year 2023
Assessed value
$735,200
Assessed 2023
Previous assessed
$617,600
+19.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$145,300
Assessed improvement
$589,900
Applied tax rate
86,025.0000
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1900
Heating
FORCED AIR
Buildings
1
Stories
2
Units
18
Rooms
23
Bathrooms
7
Total area
5,185 SF
Lot
0.62 ac (27,007 SF)
Zoning code
FR
APN
WINM M:45 B:6 L:A
UPID
US42-0103480
Jurisdiction
WINDHAM
Zoning & alternative use
FR · Windham, MEZoning FR · permitted uses
FR · Windham, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
n of districts; Land Use Map. § 120-403 Uncertain boundary locations. § 120-404 Division of lots by districts. § 120-405 Shoreland zoning districts. § 120-406 Farm District (F). note § 120-407 Farm-Residential District (FR). § 120-408 Light-Density Residential District (RL). § 120-409 Medium-Density Residential District (RM). note § 120-410 Commercial District I (C-1). note § 120-410.1 Commercial District I North (C-1N). note § 120-411 Co
Zone name
Farm Residential
General category
RESIDENTIAL
Zone area
3,250.65 ac
Building & site characteristics
From public records
Year built
1900
Heating
FORCED AIR
Stories
2
Buildings
1
Units
18
Rooms
23
Bathrooms
7
Lot
0.62 ac
Current owner
From public records · entity-resolved
448 Gray Rd LLC
Entity
Mailing address
128 MONTEGO KY, NOVATO, CA 94949-5325
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2022
—
448 Gray Rd LLC
Bear Properties LLC
Warranty Deed
$750,000 · Norway Savings Bank
Aug 24, 2018
—
Bear Properties LLC
—
Deed
related
$375,000 · Katahdin Tr Co
Mar 27, 2018
—
1 Northeast Road LLC
—
Deed
$201,000 · Sawin Capital LLC
—
—
1 Northeast Road LLC
—
Deed Of Trust
$201,000 · Sawin Capital LLC
—
—
Bear Properties LLC
—
Deed Of Trust
related
$375,000 · Katahdin Tr 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.
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