Monticello, NY
- Overview
- Performance
- Listings
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Key Performance Metrics
Market snapshotPerformance indicators for the Monticello short-term rental market based on reliable data.
Listings
61 / 142
Reliable / Active
Cap Rate
17%
Middle-Earners Gross Yield
Revenue
$45,462
Middle-Earners Revenue
Occupancy
49%
Middle-Earners Occupancy
Home Value
$268,735
Median Home Sale Price
Top Earners
$95,724
Top-Earners Revenue
Monticello
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Monticello.
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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.
Local STR Agent
STR specialist · Monticello, NY
About Monticello
Monticello, NY, is a charming village located in the southeastern part of Sullivan County, within the Catskill Mountains region. With a population of approximately 6,726, Monticello serves as the county seat and is known for its small-town appeal coupled with access to natural beauty. It is situated about 90 miles northwest of New York City, providing a convenient escape from the urban hustle, making it a prime location for short-term rentals.
The village is home to several notable landmarks and attractions. One of the major attractions is Resorts World Catskills, a luxury casino and resort offering a variety of entertainment, dining, and gaming options. For more information, visit: Resorts World Catskills.
Another key point of interest is the Monticello Raceway, a harness racing hub and gaming facility that has drawn visitors since the 1950s. Details can be found here: Monticello Raceway.
Monticello is also the gateway to the scenic Catskill Park, which offers an abundance of outdoor activities such as hiking, fishing, and camping. The park spans over 700,000 acres and is an ideal destination for nature enthusiasts. For more information about Catskill Park, click here: Catskill Park.
In addition to its natural and entertainment attractions, Monticello boasts a charming downtown area with shops, restaurants, and historical buildings. The village's proximity to New York City, combined with its array of attractions, makes it an appealing spot for short-term rentals, catering to tourists seeking both relaxation and adventure.