Find properties in the North Scarborough neighborhood of Scarborough , Maine , including off-market homes and long-term rental (LTR) investment opportunities. North Scarborough, located in Scarborough, ME features single-family homes, vacant properties , and older distressed properties that may offer good investment potential depending on their condition and local housing demand.
The median property value in North Scarborough is $467,946 , reflecting a 22.7% year-over-year increase based on recent sales. The 5-year forecast projects a median home value of $845,064, a projected increase of 0.01% . The North Scarborough housing market includes approximately 77 residential properties. The typical home has 1420 square feet of living space , priced at an average of $327 per square foot , with a median construction year built of 1966. For long-term rental properties in the North Scarborough neighborhood, the average annual rental income is $35,100 (or $2,925/month) , with estimated operating expenses of $11,426 , resulting in an approximate cap rate of 4.94% .
Property Intel by Whitepages helps investors and homeowners evaluate real estate opportunities in the North Scarborough neighborhood by providing market analysis tools, neighborhood benchmarks, owner contact details, and interactive property maps. These tools support research into potential investment properties, including foreclosure data and off-market listings in North Scarborough, Scarborough ME.
Less ...more
Find properties in the North Scarborough neighborhood of Scarborough , Maine , including off-market homes and long-term rental (LTR) investment opportunities. North Scarborough, located in Scarborough, ME features single-family homes, vacant properties , and older distressed properties that may offer good investment potential depending on their condition and local housing demand.
The median property value in North Scarborough is $467,946 , reflecting a 22.7% year-over-year increase based on recent sales. The 5-year forecast projects a median home value of $845,064, a projected increase of 0.01% . The North Scarborough housing market includes approximately 77 residential properties. The typical home has 1420 square feet of living space , priced at an average of $327 per square foot , with a median construction year built of 1966. For long-term rental properties in the North Scarborough neighborhood, the average annual rental income is $35,100 (or $2,925/month) , with estimated operating expenses of $11,426 , resulting in an approximate cap rate of 4.94% .
Property Intel by Whitepages helps investors and homeowners evaluate real estate opportunities in the North Scarborough neighborhood by providing market analysis tools, neighborhood benchmarks, owner contact details, and interactive property maps. These tools support research into potential investment properties, including foreclosure data and off-market listings in North Scarborough, Scarborough ME.
Less ...more