There is no rent on file for this address, so nothing here can be priced from one.

Put a rent you believe into the calculator and every figure on this page moves with it. Two or three local lettings will get you closer than anything we can offer here.

38 Chase Farm Rd #1, Newcastle, ME 04553 · 900 sqft · $2/sqft

1 BED APARTMENTListed 25d ago

$1,750

List price

No rent data for this listing — run your own numbers in the calculator below.

Monthly profit

−$161/mo

Cash needed

$485

+ refurb costs

Return after costs

-125.5%

Cash return

-397.3%

Weak

There is no rent on file here — put one you believe into the assumptions and every figure below moves with it.

Why it works

Nothing here counts in its favour
No figure on this listing stands out in the property’s favour. That is a finding, not a gap — the cautions opposite are what this deal turns on.

Why to be cautious

Monthly profit −$161/mo — mildly negative — equity build may cover
You would be topping it up every month, from your own income, for as long as you hold it.That can still be the plan if you are buying for capital growth — but it should be a decision, not a surprise. Try your own numbers →
No rent comparables — estimate is a rule-of-thumb fallback, not market data. Verify the rent locally before offering.

Research, not financial advice · how we decide →

Which way wins?

No rent on file, so nothing can be ranked

No rent is recorded for this address, so nothing here can be priced from one. Put a rent you believe into the calculator and every figure below moves with it.

no market renta comparison needs a rent for every way of letting it

2 cards are deliberately absent. Renting it by the room — Only 1 bed — too small for an HMO (3+ unrelated tenants from 2+ households) without major reconfiguration. Whether it gets better — A five-year projection is the rent repeated forward, and there is no rent on file for this address. With none, the figure would be five years of mortgage and running costs against nothing — the cost of an empty house, not a forecast.

Ready to move on this deal?

Generates an offer pack with your numbers & sources — take it to the agent.

Listing seen …