Watkins Glen, NY
- Overview
- Performance
- Listings
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Key Performance Metrics
Market snapshotPerformance indicators for the Watkins Glen short-term rental market based on reliable data.
Listings
124 / 286
Reliable / Active
Cap Rate
17%
Middle-Earners Gross Yield
Revenue
$37,117
Middle-Earners Revenue
Occupancy
52%
Middle-Earners Occupancy
Home Value
$222,067
Median Home Sale Price
Top Earners
$72,860
Top-Earners Revenue
Watkins Glen
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Watkins Glen.
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Challenging to Investors
Watkins Glen Regulations
STRs are explicitly allowed but require a special use permit with a $500 fee, inspections, detailed filings, and 24‑month, non‑transferable permits. A hard cap of 8% of total residential units, a waiting list, occupancy/parking/design limits, and revocation after three complaints elevate compliance risk, making investment feasibility challenging despite clear rules.
Local STR Agent
STR specialist · Watkins Glen, NY
About Watkins Glen
Watkins Glen is a village and census-designated place in and the county seat of Schuyler County, New York, United States. As of the 2020 census, the population was 1,829. Watkins Glen lies within the towns of Dix and Reading. To the southwest of the village is the Watkins Glen International race track, which hosts annual NASCAR Cup Series and WeatherTech SportsCar Championship races, and formerly hosted the Formula One United States Grand Prix and various IndyCar races. The village was the recipient of the ten-million-dollar Downtown Revitalization Initiative (DRI) grant in July 2017 to revitalize the Mixed Use Village Center (VC). Former governor of New York Andrew M. Cuomo awarded fourteen projects in hopes that they would be catalysts for increased private investment in the village. This grant was largely secured by the work of local government officials and the Schuyler County Partnership for Economic Development (SCOPED). As of December 2023, the majority of the awarded projects have been completed.