Monticello, NY

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

74 / 149

Reliable / Active

Cap Rate

16%

Middle-Earners Gross Yield

Revenue

$44,811

Middle-Earners Revenue

Occupancy

47%

Middle-Earners Occupancy

Home Value

$287,576

Median Home Sale Price

Top Earners

$97,795

Top-Earners Revenue

Monticello

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Monticello.

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B

Generally Investor friendly

Monticello Regulations

Short-term rentals are legally permitted and operate under a clear county 5% tax, but Monticello is adding STRs to its rental‑permit regime via Local Law #7, with a registration and data‑gathering focus; permitting, inspections, and potential future caps are pending, increasing investor uncertainty.

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About Monticello

Monticello is a small village in Sullivan County, New York, sitting in the heart of the Catskills region. With a population of roughly 6,500 residents, it serves as the county seat of Sullivan County and has a laid-back, year-round character that blends small-town Sullivan County life with a steady flow of weekend visitors escaping New York City. The village lies approximately 90 miles northwest of Manhattan, a drive of about two hours depending on traffic, and it functions as a convenient gateway to the southern Catskills, several large lakes, and the historic resorts of the region. Long associated with the so-called Borscht Belt of Jewish resorts that flourished here from the mid-20th century, Monticello has reinvented itself in recent years around gaming, entertainment, and outdoor tourism.

Just outside the village, Bethel Woods Center for the Arts is one of the area's marquee draws. Set on the site of the original 1969 Woodstock festival, the performing arts center hosts a summer concert series, museum exhibits, and walking trails across the historic festival grounds. It sits roughly 15 to 20 minutes west of Monticello in the town of Bethel, making it an easy day or evening excursion for short-term rental guests interested in both live music and mid-century countercultural history.

The surrounding Catskill Mountains provide the natural backdrop for nearly every stay in Monticello. Within a short drive guests can reach state forest land, trout streams, and well-known Catskill High Peaks hikes, as well as a chain of small lakes such as White Lake, Kiamesha Lake, and Lake Superior that offer swimming, boating, and quiet lakefront dining. The region is especially popular in autumn for foliage drives and in winter for skiing and tubing at the nearby mountains.

For visitors seeking something more urban, Resorts World Catskills anchors the village's entertainment scene with a casino, hotel, restaurants, and an indoor waterpark complex, all of which draw day-trippers from across the tri-state area. A short walk or drive from the village center also brings guests to the historic Monticello downtown strip, where diners, antique shops, and the long-standing county government green keep a distinctly local feel.

Monticello works well as a short-term rental base precisely because it sits at the intersection of three distinct draws: Catskill outdoor recreation, mid-century music and resort history, and a growing modern entertainment hub. Its relative proximity to New York City, combined with the variety of year-round activities within a 20-minute radius, gives property owners a reliable mix of weekend leisure travelers, festival-goers, and seasonal vacationers looking for an accessible Catskills escape.

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