146 & 150 Commercial StreetBoothbay HarborME04538
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Total monthly income runs $3,360/mo, and a $4,527/mo payment. Purchase price stands at $925,000, and rental yield measures 4.36% with $3,360/mo rent. Return on cash invested shows 10.29% in year one, and 5% annual appreciation builds toward $255,560 over five years. Five-year ROI reaches 51.4% and total cumulative return in cash records $156,409. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,360/mo property income covering a $4,527/mo payment rather than investor’s personal income.
Single Family
Built in 1878
0.41 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 04538, Boothbay Harbor, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,057 (100%) |
| Owner Occupied HU | 692 (33.6%) |
| Renter Occupied HU | 331 (16.1%) |
| Vacant Housing Units | 1,034 (50.3%) |
| Median Home Value | $456,164 |
| Average Home Value | $625,040 |
Housing Distribution
Address Breakdown
Residential
1,119
Single Family
1,042
Multi-Family
77
Businesses
217
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Price change | $925,000 |
| 2024-08-30 | Price change | $995,500 |
| 2024-08-22 | Listed for sale | $1,100,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1878
- Architectural Style: New Englander
- Building Area: 3,000
- Living Area: 3,000 sqft
- Property Condition: N/A
Features & Amenities
- Heating: None
- Cooling: None
- Flooring: N/A
- Interior Features: Attic, In-Law Floorplan, Shower, Storage
- Exterior Features: N/A
- Parking Features: 1 - 4 Spaces, Paved
Location
- City: Boothbay Harbor
- State: ME
- Subdivision: N/A
- Lot Size: 0.41 Acres
- Lot Features: Level, Open Lot, City Lot, Near Golf Course, Near Shopping, Neighborhood
- View: Scenic
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • Tindal & Callahan Real Estate
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1601271
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782