Millinocket Investment Analysis

Investment Property in Millinocket, ME

Millinocket, ME Real Estate Investment Performance

PROPERTY SALE PRICE

$ 224,000

Median

4,447

Avg/Sq.ft.
CASH ON CASH RETURN

7.00%

Traditional

3.00%

Airbnb
NUMBER OF PROPERTIES

12

Investment

75

Airbnb

3

Traditional

40%

Airbnb occupancy rate

Millinocket, ME Properties Rental Prices

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Investment Properties for Sale in Millinocket, ME

Investment Properties for Sale
$249,000
MLS 1567098
Millinocket
Single Family Residential
3 beds 2 baths N/A sq.ft.
CAP RATE Trad. 8.15% Airbnb 7.56%
Investment Properties for Sale
$199,000
MLS 1559893
Millinocket
Single Family Residential
1 beds 1 baths N/A sq.ft.
CAP RATE Trad. 5.69% Airbnb 3.98%
Investment Properties for Sale
$351,000
MLS 1570236
Millinocket
Single Family Residential
4 beds 3 baths N/A sq.ft.
CAP RATE Trad. 7.40% Airbnb 3.11%
Investment Properties for Sale
$549,999
MLS 1562007
Millinocket
Single Family Residential
3 beds 2 baths N/A sq.ft.
CAP RATE Trad. 3.41% Airbnb 2.99%

Single Family Houses for Sale in Millinocket, ME

Investment Properties for Sale
$249,000
MLS 1567098
Millinocket
Single Family Residential
3 beds 2 baths N/A sq.ft.
CAP RATE Trad. 8.15% Airbnb 7.56%
Investment Properties for Sale
$199,000
MLS 1559893
Millinocket
Single Family Residential
1 beds 1 baths N/A sq.ft.
CAP RATE Trad. 5.69% Airbnb 3.98%
Investment Properties for Sale
$351,000
MLS 1570236
Millinocket
Single Family Residential
4 beds 3 baths N/A sq.ft.
CAP RATE Trad. 7.40% Airbnb 3.11%
Investment Properties for Sale
$549,999
MLS 1562007
Millinocket
Single Family Residential
3 beds 2 baths N/A sq.ft.
CAP RATE Trad. 3.41% Airbnb 2.99%

Top Millinocket, ME Neighborhoods - Real Estate Market Analysis

Millinocket
PROPERTY PRICE

$153,825

Median for city
CAP RATE

5.00%

Traditional

7.61%

Airbnb
RENTAL INCOME

$ 903

Traditional

$ 1,636

Airbnb

40%

Airbnb occupancy rate

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Short Term Rentals For Sale

Airbnb Vacation Rentals in Millinocket, ME

Near Downtown Apartment
$101 per night Airbnb occupancy rate 80%
Apartment 2 · 1 · 5
Rental Income: $2,475 per month
5
281
Basecamp Cottage Rental on Millinocket Stream
$74 per night Airbnb occupancy rate 83%
House 2 · 1 · 8
Rental Income: $1,880 per month
5
219
Lakefront Log Cabin N. Maine Woods
$100 per night Airbnb occupancy rate 36%
Cabin 2 · 0 · 6
Rental Income: $1,089 per month
5
156
Trail Central, Millinocket
$183 per night Airbnb occupancy rate 55%
House 4 · 2 · 10
Rental Income: $3,093 per month
5
111
Lozier’s Lookout- Lakefront, Millinocket Lake
$233 per night Airbnb occupancy rate 40%
Cottage 2 · 1 · 7
Rental Income: $2,819 per month
5
106
Country Club Cottage
$163 per night Airbnb occupancy rate 36%
House 2 · 2 · 4
Rental Income: $1,793 per month
5
106
Suite Magnolias
$104 per night Airbnb occupancy rate 55%
Apartment 1 · 1 · 2
Rental Income: $1,737 per month
5
96
ABOL PLACE, home base to the Katahdin Region!
$204 per night Airbnb occupancy rate 23%
Apartment 2 · 1 · 4
Rental Income: $1,448 per month
5
91

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%
View all maine cities

Vacation Rentals for Sale in maine

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