Neighborhood
35 Hall St, Portland, ME 04103
3 beds · 2 baths · 1,172 sq ft · Lot: 10,890 sq ft · Single Family Home · Last Sold: $199K in 2012 · Built: 1942
Est. Value:
$415K
Est. Rent:
$2.8K/month

35 Hall St Portland, ME 04103

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3 beds · 2 baths · 1,172 sq ft · Lot Size: 10,890 sq ft · Single Family Home · Back Cove
Est. Property Value: $414,873

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35 Hall St is in the Back Cove neighborhood of Portland, ME. It is located in Cumberland County and ZIP code 04103. This Single Family Home was built in 1942 and is approximately 83 years old. The single family home spans 1172 sq ft with 3 bedrooms and 2 bathrooms and sits on a 10890 sq ft lot. According to public records, it was last sold in 2012 for $199,453 and has a tax-assessed value of $534,565, which is $354 per sq ft. The Back Cove area of Portland has 490 residential homes with an average size of 1440 sq ft. Analyze and compare real estate investment strategies for properties like this home at 35 Hall St Portland, ME 04103 with Property Intel by Whitepages.

Investment Potential for 35 Hall St

The property has a current estimated value of $414,873, which is 14% below the neighborhood median, based on public records. It last sold on August 31, 2012 for $199K. Projected long-term
is $33,600 annually ($2,800 per month) with a 93% occupancy rate.

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Long-Term

Gross Rental
$33,600 per year($2,800 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 04103 zip code
 
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Owners & Occupancy for 35 Hall St

This property is owned by Eric David Carey. Owner contact information includes 5 phone numbers and 4 email addresses.

Property Owners

OccupationOperations Manager, Common Census
Cell Phone(207) ***-****View Cell Phone
Residence************
Landline(207) 878-5357
Distance from Property**********
Email Address***************@gmail.comView Email

Property Ownership Information

Purchase DateAugust 31, 2012
Property Tax Amount$5,060 in 2024
Purchase Price$199,453

Occupancy

Current Occupancy*****View Occupancy
Resident 1************************** age 42
Resident 2**************** age 42

Property Details for 35 Hall St

Property Details

Property Sq Ft

Living Area

1,172 sq ft

19% below market

Lot Size

10,890 sq ft

47% above market

Price Per Sq Ft

Living Area

$354 / sq ft

4% above market

Lot Size Area

$38 / sq ft

42% below market

Property condition, age, exterior, etc. for 35 Hall St…
Longitude: -70.275987 Latitude: 43.682875 Parcel Number (APN): PTLD-000159-A000003-000001…
Mortgage originated on through lender: Keybank Nat'l for$******View Mortgage Details
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Market Benchmarks

Compare data for 35 Hall St in Cumberland County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$414,873
$398,215
$16,658 (4%)
$632,037
-$123,100 (-19%)
YoY Price Change
Year Built
1942
1977
-35 years
Living Space
1,172 sq ft
1,444 sq ft
-272 (-19%)
$ Per Living Sq Ft
$354
$271
$83 (30%)
Lot Size
10,890 sq ft
35,284 sq ft
-24394 (-69%)
$ Per Lot Sq Ft
$38
$24
$15 (62%)

Net Operating Income
$24,077
-$3,052 (-13%)
Annual Revenue
$33,600
$33,600
$0 (0%)
$9,921
$2,654 (27%)
Net Operating Income
$24,077
-$3,052 (-13%)
Cap Rate
5.68%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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