42 Eastern AvenueBoothbay 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 $2,671/mo, and a $2,251/mo payment. Purchase price stands at $459,900, and rental yield measures 6.97% with $2,671/mo rent. Return on cash invested shows 18.09% in year one, and 5% annual appreciation builds toward $127,062 over five years. Five-year ROI reaches 93.23% and total cumulative return in cash records $142,134. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,671/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.84 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 |
|---|---|---|
| 2025-09-02 | Listed for sale | $459,900 |
| 2025-07-18 | Listing removed | $499,000 |
| 2025-07-18 | Listed for sale | $499,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-04 | $2578.00 | N/A | $288,000 | N/A |
| 2023-09-04 | $2578.00 | 7.19% | $288,000 | N/A |
| 2022-09-04 | $2405.00 | 36.73% | $288,000 | 95.65% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1960
- Architectural Style: New Englander
- Building Area: 1,300
- Living Area: 1,300 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Steam, Hot Water, Heat Pump
- Cooling: Heat Pump
- Flooring: Wood, Carpet
- Interior Features: Attic, Bathtub, Storage
- Exterior Features: N/A
- Parking Features: Storage Above, 1 - 4 Spaces, Paved, Detached
Location
- City: Boothbay Harbor
- State: ME
- Subdivision: N/A
- Lot Size: 0.84 Acres
- Lot Features: Well Landscaped, Sidewalks, Wooded, City Lot, Near Golf Course, Near Shopping, Neighborhood
- View: Trees/Woods
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 • Harbor Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1636207
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