Wellfleet, MA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Wellfleet short-term rental market based on reliable data.

Listings

118 / 540

Reliable / Active

Cap Rate

3%

Middle-Earners Gross Yield

Revenue

$31,505

Middle-Earners Revenue

Occupancy

61%

Middle-Earners Occupancy

Home Value

$942,586

Median Home Sale Price

Top Earners

$68,218

Top-Earners Revenue

Wellfleet

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Wellfleet.

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C

Challenging to Investors

Wellfleet Regulations

Wellfleet's STR regulations are challenging due to explicit ADU prohibitions, mandatory registration and safety inspections, 12.45% lodging tax, and the note that comprehensive municipal STR regulations were not readily available, requiring direct authority consultation. The compliance burden includes zoning verification, parking requirements, and potential $300/day fines for violations.

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About Wellfleet

Wellfleet is a small seaside town in Barnstable County, Massachusetts, located on the Outer Cape portion of Cape Cod. With a year-round population of roughly 2,750 residents, it has a laid-back, artsy character that swells considerably during the summer months. The town is best known for its Atlantic beaches, working oyster beds, and its place within the Cape Cod National Seashore, and it serves as a gateway to the upper Cape and Provincetown. It lies roughly 75 miles southeast of Boston, the nearest major city, with typical drive times running close to two hours depending on traffic over the bridges and along Route 6.

The Cape Cod National Seashore anchors the town's Atlantic coastline, protecting more than 40 miles of unspoiled shore along the Outer Cape. Within Wellfleet itself, signature beaches such as Marconi Beach, White Crest, and Newcomb Hollow offer wide sandy strands, rolling dunes, and surf that draw swimmers and sunbathers through the warmer months. Marconi Beach, named for the wireless transmitter site Guglielmo Marconi used in the early twentieth century, sits just a few minutes from the town center along Ocean View Drive.

On the quieter bay side, the Wellfleet Bay Wildlife Sanctuary protects roughly 1,000 acres of salt marsh, pine forest, and barrier beach, with several miles of walking trails and a popular boardwalk out to the tidal flats. Operated by Mass Audubon, the sanctuary offers naturalist-led programs, kayak trips, and one of the region's most accessible wildlife-viewing experiences. It is just a few minutes from downtown off Route 6.

Downtown Wellfleet itself is a destination in its own right, clustered around the harbor with working fishing piers, art galleries, and a long-running drive-in theater that has screened films under the stars for decades. Charter boats and small ferries run out into Wellfleet Bay, and the fresh-oyster shacks and seafood spots along the waterfront draw day-trippers from across the Cape. The town is also a hub for the Cape Cod Rail Trail, a paved biking and walking path that threads through the Outer Cape and connects Wellfleet to neighboring Eastham, Orleans, and Brewster.

For short-term rental investors, Wellfleet combines a built-in summer audience of beachgoers, art lovers, and food travelers with a shoulder-season calendar of birding, hiking, and quiet coastal escapes. Its position within the Cape Cod National Seashore, its proximity to Provincetown just a short drive up Route 6, and its steady draw of repeat visitors from Boston and the greater Northeast make it a particularly resilient base for a vacation rental property.

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