Is Northeast Harbor, ME a good place to invest in rental property?

Northeast Harbor, ME has a median modeled monthly cash flow of $-28,886 and a median cap rate of -1.1%, on a median sold price of $1,151,000. Prices changed -3.3% year over year.

What is the average cap rate in Northeast Harbor, ME?

The median cap rate across recently sold homes in Northeast Harbor, ME is -1.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Northeast Harbor, ME?

The median sold price in Northeast Harbor, ME is $1,151,000 (about $550 per square foot).

Investing in Northeast Harbor, ME Real Estate

A data-driven snapshot of the Northeast Harbor, ME rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$1,151,000Median sold price

$550Median $/sqft

-1.1%Median cap rate

$-28,886Modeled cash flow / mo

-3.3%Appreciation YoY

3.8Months of supply

11Active listings

35Sold (last 12 mo)

What the Northeast Harbor numbers say

In Northeast Harbor, ME, the median home sold for $1,151,000 (about $550 per square foot), and the typical deal models out to a -1.1% cap rate with a median $-28,886 of monthly cash flow. Sold prices moved -3.3% over the past year. Inventory sits at about 3.8 months of supply — a tight, seller-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Maine markets to compare

See Northeast Harbor cash-flowing listings

CashFlowRE ranks every for-sale home in Northeast Harbor, ME by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Northeast Harbor deals, or browse the national market data.