For SaleRisky Deal-1 days on market
498 Washington Street
498 Washington Street, Bath, ME 04530, Bath, ME 04530
$415,000
Estimate®:$402,200
Listing Price
498 Washington Street, Bath, ME 04530
Loc: Bath, ME
Days Listed
-1
Tax Assessed
$118k
Estimate®
$402k
Market Rate
Lot Size
3,485 sqft
Rent Estimate
$2,255/mo
Est. Cash Flow base
Type
single family
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.
4
Fisher-Mitchell School
3-5
0.2 mi away
5
Bath Middle School
6-8
1.3 mi away
7
Morse High School
9-12
1.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
traditionaltwo-storyvinyl sidinggable roofblue exteriorstaircase entranceraised foundationwooded lotsloped lawnresidentialsingle-family homequaint
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.31%
Total ROI
52.5%
Cash Flow
$-664/mo
DSCR
0.69
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-664/mo net cash flow with a 4.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Bath, ME
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-24 | Listed for sale | $415,000 | $330 |
| 2022-07-07 | Sold | $89,900 | $72 |
| 2022-06-18 | Pending sale | $89,900 | $72 |
| 2022-06-07 | Listed for sale | $89,900 | $72 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $1,949 | $118,100 |
| 2023 | $1,237 | $73,200 |
| 2022 | $1,195 | $58,600 |
| 2021 | $2,385 | $117,500 |
| 2020 | $2,385 | $117,500 |
| 2019 | $2,327 | $117,500 |
| 2018 | $2,045 | $93,800 |
| 2017 | $2,003 | $93,800 |
| 2016 | $1,979 | $93,800 |
| 2015 | $1,942 | $93,800 |
| 2014 | $1,895 | $93,800 |
| 2013 | $1,842 | $93,800 |
| 2012 | $1,754 | $93,800 |
| 2011 | $1,679 | $93,800 |
| 2009 | $1,287 | $74,800 |
| 2006 | $1,309 | $80,800 |
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