2 Rachel Way
Cape Neddick, ME 03902
3 bd 3 ba 2,336 sqft Built 2004 Lot 235,660 sqft single_family
Most recent sale
$650,000
Jan 13, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 13, 2023 | Sold | $650,000 | Public Record |
| Oct 18, 2022 | Listed | $675,000 | MaineListings |
| Aug 4, 2020 | Sold | $449,900 | Public Record |
| Jun 4, 2020 | Listed | $449,900 | MaineListings |
| Aug 21, 2017 | Sold | $327,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $484,500 | $233,300 | $717,800 | $5,922 |
| 2023 | $373,300 | $162,400 | $535,700 | $4,527 |
| 2022 | $373,300 | $162,400 | $535,700 | $4,580 |
| 2021 | $312,100 | $162,400 | $474,500 | $4,721 |
| 2020 | $257,300 | $166,700 | $424,000 | $4,706 |
| 2019 | $254,900 | $136,800 | $391,700 | $4,367 |
| 2018 | $254,900 | $119,700 | $374,600 | $4,177 |
| 2017 | $245,100 | $119,700 | $364,800 | $3,995 |
| 2016 | $245,100 | $94,100 | $339,200 | $3,782 |
| 2015 | $248,700 | $94,100 | $342,800 | $3,771 |
| 2014 | $244,100 | $94,100 | $338,200 | $3,619 |
| 2009 | $267,700 | $129,600 | $397,300 | $3,408 |
| 2007 | $276,000 | $138,900 | $414,900 | $3,360 |
Property facts
Year built
2004
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,336 sqft
Lot size
235,660 sqft
ZIP code
03902
City
Cape Neddick
Street
Rachel Way
Coordinates
43.24846, -70.64072
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,504
Gross rental yield
6.47%
Implied cap rate
4.20%
Trend-extrapolated value
—
Frequently asked questions
When did 2 Rachel Way last sell?
2 Rachel Way most recently sold on Jan 13, 2023 for $650,000.
What is the current tax assessment for 2 Rachel Way?
The most recent total assessment for 2 Rachel Way (year 2025) is $717,800 with $5,922 in property tax.
How does 2 Rachel Way's assessment compare to its last sale price?
The current assessment is 10.4% above the last sale price of $650,000.
When was 2 Rachel Way built?
2 Rachel Way was built in 2004.
How does 2 Rachel Way compare to others on Rachel Way?
We do not currently track other properties on Rachel Way.
What are the property facts for 2 Rachel Way?
2 Rachel Way is a 3 bed, 3 bath, 2,336 sqft, 235,660 sqft lot single_family.
Is 2 Rachel Way a flip candidate?
No — 2 Rachel Way does not appear in our flips dataset.
Is 2 Rachel Way a tax-appeal candidate?
No — 2 Rachel Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.1%
Implied 1-yr
+12.5%
2024 Q4
$759.1K
2025 Q1
$778.7K
ZIP 03902 — Median Price History + Forecast
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Geography