524 Rays Point Road

This oceanfront home is positioned as a high-potential short-term rental investment, appealing to buyers seeking a turnkey, fully furnished property with established rental history and year-round appeal. The large lot, direct water access, and scenic views enhance guest appeal and justify premium nightly rates. High-confidence underwriting projects robust cash flow and a strong cash-on-cash return, assuming continued demand and effective management. The primary caveat is the elevated purchase price, which necessitates ongoing strong occupancy and ADR to meet return targets.

Milbridge, ME is a coastal market with appeal to vacationers seeking privacy, water access, and natural beauty. The property type—an oceanfront, fully furnished home with proven rental history—positions it well for the short-term rental segment, which is supported by regional tourism and proximity to local attractions. Market confidence is high given the underwriting data, though seasonality and regulatory factors should be monitored.

The property offers exceptional privacy on a large wooded lot with direct bay frontage, likely appealing to guests seeking a secluded coastal retreat. Proximity to Milbridge village provides convenient access to amenities, while the surrounding area is characterized by natural beauty and recreational opportunities. Conclusions about neighborhood-specific demand are high-confidence due to the property's unique setting and established rental performance.

At a $725,000 purchase price, underwriting projects a monthly expected income of $9,882 and cash flow of $3,783, with a 31.3% expected cash-on-cash return, assuming a 62% occupancy rate and $524 ADR. Expenses are modeled at a 25% ratio, with no management fee assumed. These high-confidence figures indicate strong income potential, but returns are sensitive to occupancy and nightly rate assumptions, and the investment thesis depends on continued STR demand and effective self-management or low-cost operations.