Property summary
In Farmingdale, Maine, the property consists of two residential buildings on approximately 5 acres. The combined space totals about 2,042 square feet and is suitable for residential occupancy, with potential for an onsite business use or additional rental use. The main building at 705 Maine Ave is a three-bedroom, one-bath home, and the rear building at 707 Maine Ave is configured as a one-bedroom, one-bath apartment. The rear building could be repurposed to a two-car garage with living or office space above. The grounds include a large, open backyard that borders the Kennebec River Rail Trail, providing direct adjacency to a walking and biking corridor connecting Augusta to Gardiner.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning