Northfield Road

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Northfield Road

Marshfield, ME 04654
Asking Price
$235K
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Parcel covers 28 acres of land in Marshfield, Maine
  • Site includes 1600 feet of frontage on Mark' Lake
  • Property is currently listed for sale at 235000 dollars
  • Residential land located directly on Northfield Road
  • Suitably positioned for private residential or recreational development

What's Special

This residential land spans 28 acres in Marshfield, Maine, providing a significant footprint for potential development. The property features 1600 feet of direct frontage on Mark' Lake, offering distinct waterfront access in a quiet regional setting. Situated along Northfield Road, the site benefits from the natural landscape characteristic of the Down East region, where forested terrain and proximity to coastal waters define the local environment. Investors or private buyers looking for acreage in a rural Maine location may consider this parcel for a primary residence, a private recreational retreat, or a multi-lot residential configuration. The expansive lot size allows for substantial privacy and flexible land use planning, catering to those seeking proximity to regional waterways and open space. Access to local amenities remains consistent with the character of this growing residential submarket, supported by the broader economic landscape of Washington County.

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NOI
$80,000
Cap Rate
34.04%
DSCR
5.73
Strong
Cash-on-Cash
93.69%
Monthly Payment
$1,162.652
Annual Cash Flow
$66,048.179

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