Is Old Town, ME a good place to invest in rental property?

Old Town, ME has a median modeled monthly cash flow of $-57 and a median cap rate of 6.0%, on a median sold price of $239,000. Prices changed +3.9% year over year.

What is the average cap rate in Old Town, ME?

The median cap rate across recently sold homes in Old Town, ME is 6.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Old Town, ME?

The median sold price in Old Town, ME is $239,000 (about $173 per square foot).

Investing in Old Town, ME Real Estate

A data-driven snapshot of the Old Town, 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.

$239,000Median sold price

$173Median $/sqft

6.0%Median cap rate

$-57Modeled cash flow / mo

+3.9%Appreciation YoY

5.7Months of supply

45Active listings

95Sold (last 12 mo)

What the Old Town numbers say

In Old Town, ME, the median home sold for $239,000 (about $173 per square foot), and the typical deal models out to a 6.0% cap rate with a median $-57 of monthly cash flow. Sold prices moved +3.9% over the past year. Inventory sits at about 5.7 months of supply. 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 Old Town cash-flowing listings

CashFlowRE ranks every for-sale home in Old Town, 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 Old Town deals, or browse the national market data.