New Gloucester, ME
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the New Gloucester short-term rental market based on reliable data.
Listings
19 / 50
Reliable / Active
Cap Rate
7%
Middle-Earners Gross Yield
Revenue
$30,268
Middle-Earners Revenue
Occupancy
52%
Middle-Earners Occupancy
Home Value
$413,794
Median Home Sale Price
Top Earners
$58,261
Top-Earners Revenue
New Gloucester
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in New Gloucester.
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Challenging to Investors
New Gloucester Regulations
New Gloucester’s STRs are allowed but framed primarily as B&B/inn lodging with moderate permitting (home occupation permit, CO, site plan review for larger ops), state licensing (MRS sales tax, DHHS food) and performance standards. The maximum guest-room caps (7 for B&B, 15 for inn) and a “transient” definition limiting stays to ≤3 consecutive weeks, combined with Lake District environmental limits and reliance on a 2010 ordinance with potential inconsistent interpretation, create compliance hurdles and investor risk.
Local STR Agent
STR specialist · New Gloucester, ME
About New Gloucester
New Gloucester is a town in Cumberland County, Maine, United States. New Gloucester is included in the Lewiston-Auburn, Maine metropolitan New England city and town area. It is home to the Sabbathday Lake Shaker Village, the last active Shaker village in the U.S. The town's population was 5,676 at the 2020 census.New Gloucester is part of Maine's Portland–South Portland–Biddeford, metropolitan statistical area.