FOR_SALEExcellent Deal23 days on market

20 Oak Grove Ave APT 4

20 Oak Grove Ave APT 4, Bath, ME 04530, Bath, ME 04530
$229,500
Zestimate®:$223,200

Listing Price

Property image 1
20 Oak Grove Ave APT 4, Bath, ME 04530
Loc: Bath, ME
Days Listed
23
Tax Assessed
$194k
Zestimate®
$223k
Market Rate
Lot Size
0.69 acres
Rent Estimate
$1,867/mo
Est. Cash Flow base
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

N/A

Dike-Newell School

PK-2
0.6 mi away
5

Bath Middle School

6-8
0.1 mi away
7

Morse High School

9-12
0.4 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
8.18%
Total ROI
30.6%
Cash Flow
$404/mo
DSCR
1.35
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-29Price change$229,500$242
2026-07-06Price change$235,000$248
2026-06-16Price change$245,000$258
2026-06-01Price change$248,000$261
2026-04-27Listed for sale$259,000$273
2021-05-07Sold$176,000$185
2021-03-17Pending sale$179,000$189
2021-02-18Listed for sale$179,000$189
2019-07-25Sold$155,000$163
2019-05-23Listed for sale$150,000$158
2012-08-29Sold$132,500$140
2010-07-18Listing removed$168,000$177
2010-06-28Listed for sale$168,000$177

Tax History

YearProperty TaxTax Assessment
2024$3,193$193,500
2023$2,723$161,100
2022$3,038$148,900
2021$3,023$148,900
2020$3,023$148,900
2019$2,948$148,900
2018$3,144$144,200
2017$3,079$144,200
2016$3,043$144,200
2015$2,985$144,200
2014$2,913$144,200
2013$2,832$144,200
2012$2,697$144,200
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
1
Sq Ft
949
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $229,500Rent Basis: Observed Comp Model ($1,867/mo)State Tax Benchmark: 1.28% (ME)Hazard Reserve: $100/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.91%

NOI: $13,574/yr

Cash-on-Cash Yield
-1.4%

On $52,785 invested

DSCR Ratio
0.95x

Negative debt coverage

5-Yr Leveraged ROI
+87.4%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.28% of basis)-$206/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$93/mo
Repairs & Maintenance (10% of rent)-$187/mo
Property Management (8% of rent)-$149/mo
Total Pure Operating Expenses-$736/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,867/mo
Less: Operating Expenses-$736/mo
Net Operating Income (NOI)+$1,131/mo
Less: Debt Service (30yr @ 6.75%)-$1,191/mo
Net Cash Flow
$-60/mo
$-716/year
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