507 State Route 32 Route, Bristol, ME, 04539 | Equity Gain $2,807/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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507 State Route 32 Route, Bristol, ME, 04539 | Equity Gain $2,807/yr | Ziffy

Recently Sold

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

Total monthly income runs $0/mo, and a $2,129/mo payment. Purchase price stands at $435,000, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -2.94% in year one, and 5% annual appreciation builds toward $120,182 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $2,129/mo payment rather than investor’s personal income.

Single Family

Built in 1830

4.53 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to Mrs. Watson's 'oasis of peace'. Long Cove Point neighborhood has always been and continues to be a treasured location with a history of indigenous people, early settlers, local and summer residents, all enjoying the far-reaching ocean vistas as well as the beauty of three nature preserves for quiet meanderings . The Royal Farm homestead, an 1830's Federal style home offers 4 bedrooms, library, music room, parlor, kitchen, dining room, 3 baths and 2-car garage on 4.53 stonewalled acres abutting the Royal Farm preserve. Generations of families have gathered in this exceptional area in mid-coast Maine sharing 2 beaches, a tennis court, community club, and dock. After an active day, settle back to relish expansive star-lit skies, ocean breezes, and fireside chats. Year-round or seasonal, the place you may have been searching for will likely check all the boxes for a beloved Maine retreat.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04539, Bristol, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	822 (100%)
Owner Occupied HU	564 (68.6%)
Renter Occupied HU	81 ( 9.9%)
Vacant Housing Units	177 (21.5%)
Median Home Value	$396,203
Average Home Value	$489,419

Housing Distribution

Address Breakdown

Residential

440

Single Family

440

Multi-Family

Businesses

Price History

Date	Event	Price
2025-10-03	Sold	$435,000
2025-09-22	Pending sale	$449,000
2025-08-21	Contingent	$449,000

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

Nearby investment properties with comparable rents

No similar rental properties found nearby.

Nearby investment properties with comparable prices

3 Bed
2 Bath
1232 sft

197 Main Road, Phippsburg, ME, 04562

Rental Income+ 1 more

2 Bed
1 Bath
1200 sft

12 Spruce Gum Lane, Georgetown, ME, 04548

3 Bed
3 Bath
2386 sft

51 Main Road, Phippsburg, ME, 04562

4 Bed
2 Bath
1080 sft

11 Gomez Road, Phippsburg, ME, 04562

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: SingleFamily
Year Built: 1830
Architectural Style: Farmhouse,Federal
Building Area: 2,195
Living Area: 2,195 sqft
Property Condition: N/A

Features & Amenities

Heating: Wood Stove, Forced Air, Baseboard
Cooling: None
Flooring: Wood, Vinyl, Carpet
Interior Features: 1st Floor Bedroom, Attic, Bathtub, Pantry, Shower, Storage, Primary Bedroom w/Bath
Exterior Features: N/A
Parking Features: 1 - 4 Spaces, Paved, On Site, Inside Entrance

Location

City: Bristol
State: ME
Subdivision: N/A
Lot Size: 4.53 Acres
Lot Features: Rolling/Sloping, Level, Wooded, Abuts Conservation, Historic District, Near Golf Course, Near Public Beach, Near Town, 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: Utilities On
Sewer: Septic Tank, Private Sewer, Septic Design Available
Water Source: Well, Private
Road Surface Type: Paved

School Information

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

Listed by: N/A • L. Dewey Chase Real Estate

Mls Name: Maine Listings

Mls Provider: Mls

Mls ID: #1622126

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

507 State Route 32 Route,Bristol,ME,04539

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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

507 State Route 32 RouteBristolME04539