This 3-bed, 2-bath, 2,292 sq ft single-family home at 514 Point Rd sits in a market with a median rent of $2,395 for all property types, but larger, updated homes on Willsboro Point can command well above that—especially with water access or premium finishes. Based on the provided rent range ($3,500–$4,800/mo), total annual revenue would hit $42K–$58K. At current valuation estimates ($565K–$1M+), payback period lands between 10–24 years. Area market trends show softening sale prices but rising price per square foot, pointing to premium demand for unique or upgraded homes. Features like contemporary styling, two stories, a fireplace, and large lot size add big rental appeal, though being single-family means no multi-unit upside. Seasonal or short-term rental potential could push returns even higher, but property management and marketing are key.

To maximize rental income, consider tasteful updates to kitchen and baths, and capitalize on outdoor living spaces—think decks, patios, or even a hot tub for that lakeside feel. If selling, stage for lifestyle: highlight open floorplan, fireplace, and proximity to Lake Champlain or local attractions. For investors, investigate short-term rental licensing and local demand, as this segment often outpaces long-term rents in the area. Pricing competitively and emphasizing move-in readiness will attract both renters and buyers.