20 Long Point Island, Harpswell, ME, 04079 | Equity Gain $22,553/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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20 Long Point Island, Harpswell, ME, 04079 | Equity Gain $22,553/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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

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Investment Highlights

Investment property for sale in Harpswell at 20 Long Point Island, Harpswell, ME, 04079 projects strong ROI of 0.29%. Rental yield 1.08%. With 5% annual appreciation, the property builds $965,604 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Single Family

Built in 1980

5.72 Acres lot

$N/A/sqft

$350 annually HOA

More details about the property

Serendipity and location give Long Point Island breathtaking views. Low tide gives the proximity of friends and neighborhood; high tide the privacy and sounds of a bird sanctuary and the sea. Views and Views. Portland boat traffic heading down east on the horizon. The boats of Harpswell's working waterfront pulling traps and nets as they meander among the Casco Bay Islands. The comings and goings of neighborhood boats. The high tide sea in all its incantations. Sea fog, rainy, sunny and cloudy days mark time; all breathtakingly memorable. Only the almost 6 acres of Long Point Island could make available this unique possibility. Give yourself the gift of a visit.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04079, Harpswell, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,341 (100%)
Owner Occupied HU	1,744 (52.2%)
Renter Occupied HU	284 ( 8.5%)
Vacant Housing Units	1,313 (39.3%)
Median Home Value	$755,906
Average Home Value	$839,537

Housing Distribution

Address Breakdown

Residential

2,280

Single Family

2,280

Multi-Family

Businesses

Price History

Date	Event	Price
2025-05-07	Listed for sale	$3,495,000
2024-11-01	Listing removed	$3,495,000
2024-06-18	Listed for sale	$3,495,000

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
2024-05-15	$5502.00	N/A	$901,900	N/A
2023-05-15	$5502.00	44.26%	$901,900	39.51%
2022-05-15	$3814.00	-10.11%	$646,500	2.70%

Nearby investment properties with comparable rents

8 Bed
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4548 sft

416 Brighton Avenue, Portland, ME, 04102

7 Bed
3 Bath
4182 sft

85 Spruce Street, Portland, ME, 04102

4 Bed
3 Bath
2150 sft

85 Tucker Avenue, Portland, ME, 04103

2 Bed
1 Bath
704 sft

42 Wordsworth Street, Portland, ME, 04103

Nearby investment properties with comparable prices

3 Bed
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5 Eastern Promenade #2, Portland, ME, 04101

3 Bed
5 Bath
4511 sft

32 Ship Channel Road, South Portland, ME, 04106

4 Bed
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2878 sft

40 Zeb Cove Road, Cape Elizabeth, ME, 04107

Rental Income+ 1 more

5 Bed
4 Bath
4842 sft

4 St Lawrence Street, Portland, ME, 04101

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: SingleFamily
Year Built: 1980
Architectural Style: Cape Cod,Dutch Colonial,Cottage
Building Area: 2,512
Living Area: 2,512 sqft
Property Condition: N/A

Features & Amenities

Heating: Zoned, Baseboard
Cooling: None
Flooring: Wood, Tile, Concrete
Interior Features: 1st Floor Bedroom, Pantry, Shower, Storage
Exterior Features: N/A
Parking Features: Basement, 11 - 20 Spaces, Gravel, Other, Off Site, On Site, Underground

Location

City: Harpswell
State: ME
Subdivision: Long Point Road Assoc.
Lot Size: 5.72 Acres
Lot Features: Right of Way, Near Shopping, Near Town, Neighborhood, Rural, Near Railroad
View: Scenic

HOA & Fees

HOA Fee: $350 annually
Association Fee: $350 annually
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: Private Sewer, Septic Design Available
Water Source: Private, Well
Road Surface Type: Gravel, Dirt, Paved

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: N/A • Harcourts Waterfront & Fine Properties

Mls Name: Maine Listings

Mls Provider: Mls

Mls ID: #1621693

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. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782

20 Long Point Island,Harpswell,ME,04079

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

20 Long Point IslandHarpswellME04079