1132 US Route 1 UNIT 21, York, ME, 03909 | 3.66% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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1132 US Route 1 UNIT 21, York, ME, 03909 | 3.66% Rental Yield | Ziffy

For Sale

Airbnb Potential

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in York at 1132 US Route 1 UNIT 21, York, ME, 03909 generates $2,670/mo in rent, after a $4,283/mo payment. Total monthly income is $2,670/mo. Return on cash invested sits at 5.01% in year one, and rental yield is 3.66% on a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 24.2% and total cumulative return in cash sums $69,659. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,670/mo property income rather than buyer’s personal income.

Condo

Built in 2025

7.22 Acres lot

$N/A/sqft

$759 monthly HOA

More details about the property

Welcome to Cape Neddick Village, unit 21, a stunning new construction condominium just a short drive to York's renowned beaches, restaurants, and charming boutiques, this condominium offers the perfect balance of convenience and tranquility. Whether you're looking for a year-round residence, a weekend getaway, or a smart investment. Each thoughtfully designed unit features over 3,000 square feet of living area, open-concept living spaces, high-end finishes, and expansive windows that bathe your home in natural light. Gourmet kitchens with quartz countertops and stainless-steel appliances flow seamlessly into inviting living areas ' perfect for entertaining. Enjoy ceilings over 10 feet high! The two spacious bedrooms each offer their own private bathroom. The family room is a flexible space, and would make a great in-home office. Still under construction with time for certain selections to be made. If you desire a retail or shop, a commercial unit is available just below the residential unit, where one could incorporate, seamlessly, the retail/store front condominium and large garage into this unit - offering 1,000 square feet of garage space and 1,000 square feet of office/retail/storefront. See MLS #1618972. A unique opportunity in a great location! First year of condo fees will be paid for.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03909, York, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,891 (100%)
Owner Occupied HU	4,276 (54.2%)
Renter Occupied HU	783 ( 9.9%)
Vacant Housing Units	2,832 (35.9%)
Median Home Value	$644,778
Average Home Value	$741,313

Housing Distribution

Address Breakdown

Residential

4,734

Single Family

4,531

Multi-Family

203

Businesses

474

Price History

Date	Event	Price
2025-04-22	Listed for sale	$875,000

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 2025
Architectural Style: Shingle
Building Area: 3,035
Living Area: 3,035 sqft
Property Condition: New Construction

Features & Amenities

Heating: Forced Air
Cooling: Central Air
Flooring: Wood, Tile, Carpet
Interior Features: Walk-In Closet(s), One-Floor Living, Pantry, Shower, Primary Bedroom w/Bath
Exterior Features: N/A
Parking Features: Reserved Parking, 1 - 4 Spaces, Paved, Common

Location

City: York
State: ME
Subdivision: Cape Neddick Village
Lot Size: 7.22 Acres
Lot Features: Level, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Office Park
View: N/A

HOA & Fees

HOA Fee: $759 monthly
Association Fee: $759 monthly
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: Private Sewer
Water Source: Public
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: N/A • Anchor Real Estate

Mls Name: Maine Listings

Mls Provider: Mls

Mls ID: #1619830

Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782

1132 US Route 1 UNIT 21,York,ME,03909

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

1132 US Route 1 UNIT 21YorkME03909