Performance indicators for the Shelter Island short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Shelter Island.
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Challenging to Investors
STRs are legally allowed only under tightly controlled categories: owner-occupied on-site presence, a homestead hardship path, or a Limited Commercial Vacation Rental license limited to one property per owner and one rental per 14 days. Compliance burdens include mandatory safety inspections, per-rental notifications, advertising rules, occupancy limits, and active enforcement with escalating fines and potential license suspension, making it viable but constrained for investors.
Local STR Agent
STR specialist · Shelter Island, NY
Shelter Island is an island town in Suffolk County, New York, United States, near the eastern end of Long Island. The population was 3,253 at the 2020 United States census.