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Financing Terms

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By submitting an offer, I understand and acknowledge that vrolio corp is not real estate brokerage and does not represent me in any capacity on a real estate transaction. I understand that this is not a purchase commitment and I am simply presenting a non-binding letter of intent to the seller of this property and the seller is in no way obligated to respond or accept my offer.

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Harbor View, Pier Access, Sleeps 10 Mount Desert Island, Maine

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Southwest Harbor, ME 04609

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$729,000
5
3
3,000
sq. ft.
$243
per sq ft
Heated sq ft: 3,000 sq ft
Avg Nightly Rate: $275
Home Legally Sleeps: 10
Occupancy Rate: 30 weeks
Annual Gross Income : 44800
Annual Net Operating Income : 26800
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Broker
Seller Financing: No
Niche: Beach, Golf, Mountain, Nature, Weddings or Family Reunions
New Construction: Inquire
Days on Vrolio: 1570

Property Description

Amazing ocean views from this 5 bedroom 3.5 bath custom built home located in the Village at Ocean's End community in Southwest Harbor - a town on Mount Desert Island home of Acadia National Park. Incredible attention to detail was taken into account when building this gem in 2008-9. Master bath on first level with ocean views and french doors to the deck. Large tiled shower, double sink vanity, and walk in closet. 2nd level offers another full bath, two bedrooms and library all with views. Large walkout basement with additional family room and bedrooms, full bath, plus wet bar. Half bath near living room and laundry room off the main level near kitchen. Sold fully furnished and turnkey. Access to the shared pier, dock, and waterfront as part of the HOA.

Presented by:
Agent:
Erica Brooks
Swan Agency Sotheby's Realty
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 425
Low: 175
Peak: 425
Special Event: 0
Avarage: 275.00
Furniture Age
8
Est Value of Furnishings
$50,000
Peak & High Seasons
June, July, August, September, October
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Bought 10 years ago with the intention of retiring and using more full time versus renting, changed mind over time but have established a great rental history.
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
44800
Net Operating Income
26800
Stories
2
Additional Indoor Rooms
Family Room, Finished basement, Formal Dining Room, Home Office/Den, Living Room, Master Suite Down
Appliances
Dishwasher, Dryer, Full stove, Gas appliances, Microwave, Oven, Refrigerator, Washer
Heating/Cooling
Electric or Gas Firelace, No A/C, Other
Floor Coverings
Carpet, Real Hardwood, Tile
Security
No
Security Description
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Carpet, Double pane-low emissivity windows, Energy Efficient Insulation, Energy Star appliances
Year built
2009
Outdoor Features
Deck, Dock
View
Ocean
Backyard Exposure
North
Lot Size
19 acres - common shared land, this is a stand alone single family home that is part of a PUD and owns the limited common area around the home and the additional 19 acres are shared with the HOA. This includes the shared pier, shorefront, and green space.
Community Features
Clubhouse, Community Dock, Marina, Ocean Access, Onsite Property Management
Tax Amount/Year
$46
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
Yes
Interview Required
No
Neighborhood Amenities
Clubhouse, Community Dock, Marina, Ocean Access, Onsite Property Management
Mandatory HOA
Inquire
Home Legally Sleeps:
10
Onsite Parking
Onsite parking for 4-6 cars in private driveway.
Neighborhood Association STR Rules
HOA allows STR
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
$9.00
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
5 Years
Occupancy Rate
30
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Owner, Third Party
Managed By
Owner
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Yes, Existing database of guests, Professional photos
Manager Cancellation Policy
 
  •  
Credit Card Fee
Inquire
Cleaning Fee
$200.00
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
$200.00
Yard & Pest Control (Annual)
Inquire
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$565.00
Water/Sewer (Annual)
$900.00
Cable/Interbet (Annual)
$1,140.00
Accounting Fee (Annual)
$200.00
Property Taxes (Annual)
$46.00
Homeowner's Insurance (Annual)
$1,400.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
$3,420.00
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
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Rehab Work Estimates
Other
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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Listing Source: Swan Agency Sotheby's Realty, 2072170505

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