1999 Cabo Rico 40' _{(12.19 m)} Northeast 400

Built by Cabo Rico Yachts, the Northeast 400 carries the hallmarks of quality construction for which the yard is known. The hull is fiberglass with a vinylester resin outer layer to resist osmotic blistering. The deck is similarly well-built, using solid glass in high-load areas, and is securely bonded and through-bolted to the hull, resulting in a robust and long-lasting structure.

Measuring just under 42 feet in length overall, with a beam of nearly 14 feet and a moderate draft of around 4'10", the Northeast 400 offers a roomy and stable ride. Displacing about 21,900 pounds, it carries over 6,800 pounds of ballast, giving it a solid, capable feel under sail. Its fin keel and skeg-hung rudder ensure tracking and maneuverability, while a 100-horsepower Yanmar diesel engine allows for consistent and efficient motoring—even in challenging conditions. Under power, the boat can cruise comfortably at 8 to 10 knots, and under sail, speeds of 7 to 9 knots are common in moderate winds.

One of the most distinguishing features of the Northeast 400 is its pilothouse layout. Unlike many sailboats that feel dark and cave-like below deck, this yacht’s raised saloon is bright and spacious, with large windows that offer excellent visibility and allow natural light to flood the interior. This space doubles as a second helm station, meaning the boat can be comfortably piloted from inside during inclement weather—making it ideal for extended cruising in varied climates.

The accommodations are particularly well-suited for liveaboard cruising. Most models feature a forward master stateroom with a centerline queen berth, often with a hydraulic lift to access storage underneath. A second cabin, typically midship, can serve as a guest stateroom, home office, or additional storage area. The galley is well-appointed and secure for cooking underway, while the spacious saloon offers comfortable seating, ample storage, and a warm, inviting atmosphere thanks to extensive teak joinery finished in a rich satin varnish.

Systems aboard the Northeast 400 are designed for autonomy and extended cruising. The fuel tank capacity is around 150 gallons, while freshwater tanks hold over 220 gallons—more than enough for long trips away from the dock. Electrical systems and tank monitoring are typically well-integrated, with some later models boasting comprehensive instrumentation and energy-efficient lighting upgrades.

Only around a couple of dozen Northeast 400s were ever built, making them a rare find on the brokerage market. This limited production adds to their appeal, especially among knowledgeable sailors who value a boat that is both distinctive and capable. Owners often note that the boat holds its value well and continues to deliver a high level of comfort, performance, and safety—even decades after launch.

In summary, the Cabo Rico Northeast 400 is a refined, well-executed motorsailer designed for serious cruising. It offers the charm and build quality of a traditional bluewater sailboat, with the comfort and flexibility of a pilothouse motor yacht. Whether you’re exploring tropical islands, or wintering in the ICW, it’s a vessel that makes few compromises and rewards thoughtful ownership.

Accomodations

• Forward on Calypso is an island double bunk in the owners' cabin. There are gas cylinders that lift the forward bunk upward to provide enormous storage space under and it is very easy to lift and close. A large hanging locker, a linen locker, , open lockers, bookshelves and special drawers provide exceptional storage in the forward cabin. This cabin has teak ceilings and a cedar hanging locker. There is a large head with ceramic shell sink, custom lockers head and dual entrance to the owners' stateroom as well as a separate entrance to the rest of the boat. A new electric toilet with waste tank monitor were recently installed
• The library/den features a love seat that can be made up into a very large single for that extra bunk. There is a writing desk, special cabinets and a standing liquor locker with wine glasses, tumblers and a large book storage above. A new flat screen TV is included for those rainy movie nights. The library/den is the signature of the Northeast 400 and Calypso has a very attractive and well thought out plan.
• In the main salon the dining table sits midship between the two large settees. The settees and helm seat have all been reupholstered in a soft cream leather. A custom sliding screen spans the entire entrance to the main salon, giving great ventilation and protection from the bugs at dusk.

Sails & Riggging

• Doyle furling mainsail with vertical battens
• Doyle 140% Genoa
• Furling and reefing lines run aft to cockpit.
• Lewmar electric self tailing winches
• Genoa furling drum (2011)

Deck

• Custom cockpit cushions
• Bimini w/ connection awning to cover entire cockpit
• Bow pulpit on bowsprit with dual rollers for two anchors
• Dual life lines w/ gates, boat sides & stern pulpit
• Stern door opens to swim platform w/ built in platform
• Large cockpit table with cover
• Teak slats in the cockpit
• Electric anchor windlass
• 45# CQR--200' of chain
• H/C shower at swim platform
• Varnished cap rails & s/s hand rails
• Exterior window covers for pilot house windows
• Custom Phantom Screen on entrance to main salon

Disclaimer

The company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change or withdrawal without notice.

Mechanical Disclaimer

Engine and generator hours are as of the date of the original listing and are a representation of what the listing broker is told by the owner and/or actual reading of the engine hour meters. The broker cannot guarantee the true hours. It is the responsibility of the purchaser and/or his agent to verify engine hours, warranties implied or otherwise and major overhauls as well as all other representations noted on the listing brochure.

Listing MLS by Yachtr.com