8 Shiretowne Common Drive UNIT 60, Kennebunk, ME, 04043 | 5.76% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

8 Shiretowne Common Drive UNIT 60, Kennebunk, ME, 04043 | 5.76% Rental Yield | Ziffy

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
2464 sft

289 Main Street, South Berwick, ME, 03908

2 Bed
1 Bath
2112 sft

52 Dover Road, Eliot, ME, 03903

3 Bed
2 Bath
1456 sft

5 Beach Plum Lane, Ogunquit, ME, 03907

2 Bed
1 Bath
940 sft

12 Neally Street, South Berwick, ME, 03908

Nearby investment properties with comparable prices

3 Bed
2 Bath
1545 sft

70 Granite Ridge Drive, Wells, ME, 04090

2 Bed
2 Bath
1942 sft

301 Route 103, York, ME, 03909

3 Bed
3 Bath
2016 sft

8 Ridge Terrace, North Berwick, ME, 03906

2 Bed
3 Bath
1520 sft

27 Winding Brook Lane N #B4, Wells, ME, 04090

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Kennebunk at 8 Shiretowne Common Drive UNIT 60, Kennebunk, ME, 04043 with 5% annual appreciation on a $625,000 basis while $3,000/mo rent supports operations. 1% in year one. Equity gained on principal adds $4,033/yr, and five-year appreciation sums $172,676 alongside rental yield of 5.76%. Five-year ROI measures 61.98% and total cumulative return in cash totals $127,441. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,000/mo property income versus a $3,059/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 2006

1 Acres lot

$N/A/sqft

$420 monthly HOA

More details about the property

Your heart will go pitter-patter over this townhouse. The best unit location in the coveted Coventry Woods/Shiretowne Common subdivision. This unit is an end unit, original to the current owner, and offers lots of privacy on all 3 sides. Drive up to lovely landscaping and a relaxing front porch. Entering the unit you will be greeted by an open concept space with a vaulted ceiling, a kitchen with cherry cabinets, granite counters and SS apps. Also open to a sunfilled sunroom surrounded by woods. This unit has1st and 2nd fl primary suites, central air, whole house humidifier, wood floors, a large custom cedar closet in the full size bsmt. There is an open loft/flex area on 2nd floor with a walk-in closet and lots of storage space. To top it off, this unit offers a 1-car garage with direct entry into the unit. Lots of walking options. This unit is the complete package for living in comfort and style. A MUST SEE... RUN, DONT WALK!

Price History

Date	Event	Price
2025-01-24	Listed for sale	$625,000

Tax History

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

Nearby investment properties with comparable rents

2 Bed
1 Bath
2464 sft

289 Main Street, South Berwick, ME, 03908

2 Bed
1 Bath
2112 sft

52 Dover Road, Eliot, ME, 03903

3 Bed
2 Bath
1456 sft

5 Beach Plum Lane, Ogunquit, ME, 03907

2 Bed
1 Bath
940 sft

12 Neally Street, South Berwick, ME, 03908

Nearby investment properties with comparable prices

3 Bed
2 Bath
1545 sft

70 Granite Ridge Drive, Wells, ME, 04090

2 Bed
2 Bath
1942 sft

301 Route 103, York, ME, 03909

3 Bed
3 Bath
2016 sft

8 Ridge Terrace, North Berwick, ME, 03906

2 Bed
3 Bath
1520 sft

27 Winding Brook Lane N #B4, Wells, ME, 04090

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 2006
Architectural Style: Townhouse
Building Area: 1,797
Living Area: 1,797 sqft
Property Condition: N/A

Features & Amenities

Heating: Multi-Zones, Hot Water, Forced Air
Cooling: Central Air
Flooring: N/A
Interior Features: Walk-In Closet(s), 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Attic, Shower, Storage
Exterior Features: N/A
Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance

Location

City: Kennebunk
State: ME
Subdivision: Shiretowne Common
Lot Size: 1 Acres
Lot Features: Agricultural, Corner Lot, Level, Sidewalks, Landscaped, Wooded, Near Town, Rural, Subdivided, Suburban, Irrigation System
View: Trees/Woods

HOA & Fees

HOA Fee: $420 monthly
Association Fee: $420 monthly
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 • Keller Williams Realty

Mls Name: Maine Listings

Mls Provider: Mls

Mls ID: #1613184

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

8 Shiretowne Common Drive UNIT 60,Kennebunk,ME,04043

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

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

8 Shiretowne Common Drive UNIT 60KennebunkME04043