Damariscotta, ME
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Damariscotta short-term rental market based on reliable data.
Listings
26 / 162
Reliable / Active
Cap Rate
5%
Middle-Earners Gross Yield
Revenue
$24,217
Middle-Earners Revenue
Occupancy
54%
Middle-Earners Occupancy
Home Value
$462,118
Median Home Sale Price
Top Earners
$42,417
Top-Earners Revenue
Damariscotta
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Damariscotta.
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Very Investor friendly
Damariscotta Regulations
Allowed citywide with no local permits or caps; the only hurdles are simple state tax registration (9% lodging tax) and verifying zoning allows STRs, with no onerous fees, quotas, or inspections, creating a highly permissive investment climate.
Local STR Agent
STR specialist · Damariscotta, ME
About Damariscotta
Damariscotta (/dæmrɪˈskɒtə/ DAM-ri-SKOT-ə) is a town in Lincoln County, Maine, United States. The population was 2,297 at the 2020 census. Damariscotta is the oyster capital of New England. A popular tourist destination, the towns of Damariscotta and Newcastle are linked by the Main Street bridge over the Damariscotta River, forming the "Twin Villages". The name Damariscotta derives from a native place-name meaning place of abundance of small fish (alewives).