Orono Investment Analysis

Investment Property in Orono, ME

Orono, ME Real Estate Investment Performance

PROPERTY SALE PRICE

$ 249,900

Median

918

Avg/Sq.ft.
CASH ON CASH RETURN

6.00%

Traditional

N/A

Airbnb
NUMBER OF PROPERTIES

4

Investment

N/A

Airbnb

2

Traditional

N/A

Airbnb occupancy rate

Orono, ME Properties Rental Prices

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Top Orono, ME Neighborhoods - Real Estate Market Analysis

Orono
PROPERTY PRICE

$199,900

Median for city
CAP RATE

3.74%

Traditional

8.24%

Airbnb
RENTAL INCOME

$ 1,338

Traditional

$ 2,907

Airbnb

67%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Orono, ME

Private Studio in the Heart of Orono
$101 per night Airbnb occupancy rate 86%
Guest suite 1 · 1 · 2
Rental Income: $2,666 per month
5
453
Orono art/yoga studio with upstairs loft bedroom
$76 per night Airbnb occupancy rate 81%
Apartment 1 · 1 · 2
Rental Income: $1,885 per month
5
306
Historic Cape, Walk to Restaurants & Microbrews
$162 per night Airbnb occupancy rate 82%
Apartment 2 · 1 · 4
Rental Income: $4,050 per month
5
213
The Birdhouse - Walk to Restaurants & Microbrews
$123 per night Airbnb occupancy rate 87%
Apartment 1 · 1 · 3
Rental Income: $3,260 per month
5
210
Studio close to downtown & UMaine
$106 per night Airbnb occupancy rate 75%
Apartment 1 · 1 · 3
Rental Income: $2,438 per month
5
108
Riverside Condo: Sweet History Near Orono & Bangor
$119 per night Airbnb occupancy rate 59%
Condominium 1 · 1 · 4
Rental Income: $2,166 per month
5
101
Modern High End Apartment With River Views
$115 per night Airbnb occupancy rate 65%
Apartment 2 · 1 · 4
Rental Income: $2,289 per month
5
79
Main Street Orono Oasis
$149 per night Airbnb occupancy rate 88%
Apartment 2 · 2 · 4
Rental Income: $4,008 per month
5
65

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

Vacation Rentals for Sale in maine

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