Page 23 - SEPT2025

September 2025 NEWFOUNDLAKELIFE.COM Page 23
Real Estate Can Your Lake Getaway Earn Its Keep?
By alexanDra Dertouzos
shared lakefront, lake view/
your rental income could land
Of course, the math is only
bookings and reviews to really real estate
somewhere around $25,000 to
build momentum.
access, and private waterfront
part of the decision. You’ll want
$30,000 for a busy season—after
Have you ever wondered if
homes. So, let’s say you’re con-
to ask yourself: will you be okay
In the best-case scenario, buying a vacation home could
sidering a 2-bedroom condo with
renting it out during prime times,
though, the rental income could taxes. Keep in mind, though,
actually pay for itself through
offset most of your costs, leaving that number drops if you pay for
shared water access. Picture a
or do you want to use it yourself?
cleaning services or full manage-
rentals? It’s a common ques-
cozy, cottage-style, free-standing
Is the property year-round or
you with a vacation home that tion—and one worth exploring.
unit in average condition with
seasonal? Don’t forget to factor
practically pays for itself. If you ment (which can be worth it if
Let’s take a look at what this
have a specific type of property you don’t want to field guest calls
a list price of about $500,000.
in condo fees, taxes, and insur-
or handle maintenance). On the
could realistically look like in
Rentals like this typically go for
ance—likely another $6,000 to
in mind, or would like to talk 2025.
$200 to $400 per night, depend-
$8,000 a year for this type of
numbers, find me at facebook. flip side, your annual mortgage
com/alexsellsnewhampshire. payments (not including prop-
Last month, we broke down
ing on the amenities and how
place. And remember, rental suc-
erty taxes or insurance) would be
the difference in pricing between
close they are to the water.
cess doesn’t happen overnight;
Because if you're not here, you it usually takes about a year of
should be!
If you averaged $300 a night,
roughly $34,000.
oring
Since 1979...
507 Lake St, Bristol, NH 03222
603-744-8526
www.OldMillProps.com
Lorna Platts Sirois Owner/Broker
“Rt. 3A, across from the bike path bridge”.
.NEVORP .LACOL .DETSURT
TRUSTED. LOCAL. PROVEN.
LANIGIRO REDNU KCAB
BACK UNDER ORIGINAL OWNERSHIP PIHSRENWO
ONAFETSED NALA
ALAN DESTEFANO
PROUDLY SERVING BRISTOL & THE NEWFOUND LAKE REGION. .NOIGER EKAL DNUOFWEN EHT & LOTSIRB GNIVRES YLDUORP
Granite Group Realty Services • 366 Lake Street, Suite A • Bristol, NH 03222
ARE YOU LOOKING TO BUY OR SELL? Caza Team
Z A T
E
A
A A Husband and Wife Real Estate Team
M
C AMY CAZA: 603-540-0276
COREY CAZA: 603-520-5431
CAZA
S
603-540-0276 NHCAZATEAM@GMAIL.COM
E
R
E
V
I
R
I
N
G
OFFICE: 888-888-SOLD
P S H A
L
M Let's Chat
L
O
F
N
E
W H A
You can also find us on:
Newfound Dock and Mo Newfound Dock and Mooring Dock Moor Dive wfound Dock and Mooring
Dock Moor Dive
Dock Moor Dive
Sales, Parts, Service of Shore Station and Raise a Dock Products Service Offerings Include:
• Spring/Fall Dock, Boat Lift, and Mooring Service
• New Mooring Installations
• Mooring Repair
• New Dock Installations
• Recovery Diving
cardiganvalleyfarms.com cardiganvalleyfarms@gmail.com
603
We are a dealer for Shore Station Docks and Boat Lifts. 603 273
1030
273 1030
Ne
603
273 1030