Cornish Investment Analysis

Investment Property in Cornish, ME

Cornish, ME Real Estate Investment Performance

PROPERTY SALE PRICE

$ 340,000

Median

N/A

Avg/Sq.ft.
CASH ON CASH RETURN

5.00%

Traditional

7.00%

Airbnb
NUMBER OF PROPERTIES

3

Investment

19

Airbnb

N/A

Traditional

53%

Airbnb occupancy rate

Cornish, ME Properties Rental Prices

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Top Cornish, ME Neighborhoods - Real Estate Market Analysis

Cornish
PROPERTY PRICE

$479,900

Median for city
CAP RATE

4.59%

Traditional

8.13%

Airbnb
RENTAL INCOME

$ 1,498

Traditional

$ 2,273

Airbnb

49%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Cornish, ME

Harvest Homestead Barn Guesthouse
$92 per night Airbnb occupancy rate 97%
Guesthouse 1 · 1 · 5
Rental Income: $2,729 per month
5
114
Spacious rural home with hot tub on the deck
$190 per night Airbnb occupancy rate 92%
House 3 · 2.5 · 6
Rental Income: $5,339 per month
5
110
The Watson House
$144 per night Airbnb occupancy rate 91%
House 3 · 2 · 8
Rental Income: $4,003 per month
5
103
Misty Mountain Hideout
$159 per night Airbnb occupancy rate 41%
Apartment 1 · 1 · 4
Rental Income: $1,972 per month
5
80
The Hendrick House
$146 per night Airbnb occupancy rate 87%
House 3 · 2 · 8
Rental Income: $3,845 per month
5
78
Hiram Hideaway
$150 per night Airbnb occupancy rate 37%
House 3 · 2.5 · 14
Rental Income: $1,710 per month
5
76
Modern Apt in Beautiful, 1860s Farmhouse
$112 per night Airbnb occupancy rate 85%
Apartment 1 · 1 · 4
Rental Income: $2,893 per month
5
53
The Spiral Staircase Apartment
$91 per night Airbnb occupancy rate 55%
Apartment 1 · 1 · 2
Rental Income: $1,538 per month
5
46

Real Estate Investment Analysis - Other Cities in maine

City Name Property price Cash on cash return Rental Income No. of Properties Airbnb Occupancy Rate
Median traditional Airbnb traditional Airbnb
Brunswick $437,000 3% 6% $2,396 $3,855 34 68%
Bangor $299,450 5% 11% $2,402 $4,971 52 64%
Brewer $280,000 6% 9% $2,403 $3,739 21 63%
Augusta $259,950 6% 6% $2,213 $2,215 22 54%
York $895,000 2% 5% $2,699 $5,937 55 52%
Lewiston $299,900 5% 6% $2,041 $3,060 51 52%
Boothbay $659,000 3% 4% $2,973 $3,974 13 52%
Litchfield $479,000 3% 4% $2,276 $2,121 11 51%
Lincoln $295,000 6% 3% $2,395 $2,635 13 50%
Rumford $160,000 9% 5% $2,033 $2,181 17 49%
Caribou $240,000 10% 6% $2,422 $2,824 14 47%
Presque Isle $250,000 7% 3% $2,009 $1,778 21 46%
Millinocket $224,000 7% 3% $2,182 $2,026 12 40%
View all maine cities

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