The short-term rental market in Dennis, Massachusetts, is thriving, with a median occupancy rate of 63%, an average daily rate of $274, and an average annual host income of $62,000, making it a highly profitable and stable investment opportunity.
Thriving Short-Term Rental Market in Dennis, Massachusetts
Dennis, Massachusetts, is experiencing a robust and lucrative short-term rental market, making it an attractive destination for both hosts and guests. With a median occupancy rate of 63%, indicating that typical listings are booked for 230 nights a year, the demand for short-term rentals in Dennis is exceptionally strong.
The average daily rate for these rentals stands at $274, contributing to an average annual revenue of $62,000 per host. This high occupancy and revenue potential are driven by the town's popularity, especially during the peak summer months when tourists flock to enjoy the beautiful beaches, local shops, and fresh seafood. Even in the off-season, the area's fall foliage and winter charm continue to attract a steady stream of visitors, ensuring a stable and profitable market for Airbnb hosts.
Short-Term Rental Regulations in Dennis, Massachusetts for 2024
Registration and Inspection
- All short-term rental properties must be registered with the town of Dennis and inspected for safety.
Taxes
- A state room occupancy excise tax of 5.7% applies to all short-term rentals.
- An additional 2.75% Cape Cod and Islands Water Protection Fund tax is imposed.
- Some towns may also impose a community impact fee up to 3% if the operator has more than one property in the locality or is renting an owner-occupied 2 or 3 family house on a short-term basis.
Insurance
- Homeowners are required to maintain at least $1 million in liability insurance to cover bodily injury and property damage.
Occupancy Limits
- The town of Dennis has strict occupancy limits, determined by the number of bedrooms in the property. Occupancy is generally restricted to two people per bedroom plus two additional people.
Local Registration Fees
- As of 2024, the registration fee for vacation rental homes in Dennis is $250. This fee will increase to $500 effective January 1, 2025.
Compliance and Fines
- Violation of these regulations can result in hefty fines, so it is crucial to stay informed and compliant.
Additional Requirements
- Operators must register with the Massachusetts Department of Revenue using MassTaxConnect and obtain a Certificate of Registration for each property.
- Operators are responsible for collecting and remitting the taxes to the Department of Revenue.
- If renting for 14 days or less in a calendar year, operators must claim the 14-day rental exemption by January 15 of that year.
Top Neighborhoods Generating Airbnb Revenue in Dennis, Massachusetts
West Dennis
- Appeal: West Dennis is highly appealing due to its proximity to West Dennis Beach, Bass River, and various restaurants and convenience stores. Properties like the "Cape Cod Gathering Place-Stylish & Fully Renovated" and "Adorable Cottage - Premier Location in West Dennis" are favorites among guests, offering Cape Cod charm, open floor plans, and modern amenities such as central air, smart TVs, and outdoor spaces.
- Amenities: Guests enjoy the short walks to the beach, access to the Cape Cod Rail Trail, golf courses, yoga studios, and local dining options.
Dennis Port
- Appeal: Dennis Port is popular for its family-friendly atmosphere and convenient location. Rentals like the "★ 0.4mi Beach & Village ★Firepit & Fireplace★ Bikes" are highly rated for their proximity to the ocean beach, village shops, and amenities such as firepits, outdoor showers, and bikes provided for guests.
- Amenities: The area offers easy access to restaurants, Sundae School Ice-Cream, and the Cape Cod Rail Trail, making it ideal for families and those seeking a relaxed beach vacation.
South Dennis
- Appeal: South Dennis attracts guests with its serene and private settings. The "Beachfront Cottage on White Pond (Marshmallow)" is a standout, offering a private beach, deck, and outdoor dining area on White Pond, ideal for swimming, boating, and fishing.
- Amenities: The area is close to bike trails, well-known beaches, and several delicious restaurants, providing a tranquil yet accessible vacation experience.
Dennis Village
- Appeal: Dennis Village is appealing due to its historic charm and central location. The "2 BD Suite Mayflower Beach & Dennis Village" is a favorite, with its walking distance to Dennis Village shops and top-rated restaurants, as well as its proximity to beautiful Mayflower Beach.
- Amenities: Guests enjoy the newly renovated suites, access to grills, fire-pits, and bikes, making it an ideal spot for those who want to explore the local culture and amenities.
These neighborhoods in Dennis, Massachusetts, are highly sought after on Airbnb due to their combination of beach access, modern amenities, and the quintessential Cape Cod charm that appeals to a wide range of guests.
Creating an Inviting Airbnb in Dennis, Massachusetts: Design and Furnishing Tips
To make your Airbnb in Dennis, Massachusetts, a standout destination that reflects the city's unique style and charm, consider the following tips:
Entryway
- Create a welcoming first impression with thoughtful entryway amenities.
- Provide a clean and organized space that makes guests feel special.
- Add a few local touches, such as nautical-themed decor or coastal-inspired artwork, to set the tone for the rest of the stay.
Living Room
- Lighting Control: Install lamps and dimmer switches to offer flexible lighting options.
- Comfortable Seating: Include plush blankets, pillows with different fill options, and a pouf for added comfort.
- Occasional Tables: Ensure each guest has a place to put their drinks and other items.
- Layout: Design the room to evoke conversation and accommodate various activities, such as reading or playing games.
Bedroom
- Bedding: Offer high-quality bedding with extra layers stored in the closet for guest convenience.
- Pillows: Provide two sleeping pillows per guest with different fill options (e.g., foam, down alternative).
- Temperature Control: Install ceiling fans or ensure there are bedside tables with lamps that have USB ports or wireless charging features.
- Blackout Shades: Use layered window coverings to cater to different sleep preferences.
Kitchen
- Fully Equipped: Ensure the kitchen is well-stocked with all necessary appliances and utensils for easy meal preparation.
- Local Touches: Incorporate coastal or nautical themes in kitchen decor to maintain the local vibe.
Outdoor Spaces
- Outdoor Seating: Provide a well-furnished outdoor space, including a deck or patio, with seating and a grill.
- Fire Pit: Consider adding a fire pit for a cozy outdoor gathering spot, especially appealing in cooler months.
Decor and Style
- Coastal Aesthetics: Embrace beachy, coastal aesthetics with navy and white color schemes, rustic wooden accents, and light, airy furnishings.
- Local History: Reflect the region’s historic character by incorporating antiques and traditional Cape Cod decor.
- Modern Touches: For younger guests, consider modern and minimalist designs with pops of color.
Amenities
- Smart Home Tech: Include smart home amenities such as central air conditioning, smart TVs, and WiFi to enhance the guest experience.
- Beach Accessories: Provide beach towels, beach accessories, and other essentials to make the stay convenient and enjoyable.
Neighborhood Considerations
- Location: Choose neighborhoods like Hyannis, Barnstable Village, Centerville, or Osterville for their desirability among tourists and families.
- Local Attractions: Highlight the proximity to local attractions such as beaches, the Cape Cod Museum of Natural History, and local events like the Barnstable Village Day and the Cape Cod Scallop Festival.
Discovering Dennis, Massachusetts: Local Attractions and Insider Tips
Top Attractions
Beaches
- Mayflower Beach: Known for its powdery white sand, calm waters, and dramatic tide shifts. Ideal for walking and suitable for young children.
- Corporation Beach: A popular beach with beautiful scenery and family-friendly amenities.
- West Dennis Beach: Offers stunning sunsets and warm water, with the Lighthouse Inn nearby.
Cultural and Historical Sites
- Cape Cod Museum of Art: Features contemporary local artwork, seven art galleries, a museum shop, and a film screening room. Surrounded by the Yasuna Denny Sculpture Garden.
- Dennis Historical Society: Includes historical buildings such as the 1736 Josiah Dennis Manse, the West School House, and the Jericho Historical Center.
- Cape Playhouse: A renowned theater hosting Broadway-caliber shows throughout the season.
Outdoor Activities
- Scargo Tower: Offers panoramic views of Scargo Lake and is a short, easy climb.
- Cape Cod Rail Trail: A 25-mile paved trail perfect for biking, starting in South Dennis and passing through scenic areas like salt marshes and Nickerson State Park.
- Kayaking and Paddleboarding: Explore the salt marshes and waterways with rentals available from Cape Cod Waterways and Bass River Kayaks.
Family-Friendly Activities
- Cape Cod Museum of Natural History: Interactive exhibits and learning opportunities about local wildlife.
- Cape Cod Inflatable Park: A fun-filled day with inflatable playground attractions.
- Bass River Park: Ideal for kayaking, fishing, and swimming, with beautiful views of Bass River.
Insider Tips
Local Favorites
- Sesuit Harbor Cafe: Enjoy local specialties like lobster rolls, clams, and fresh oysters during the season.
- Sunsets at Sea Street Beach: A local favorite spot to watch the sunset on the bayside.
Hidden Gems
- Crowe's Pasture: Open land with hiking trails and water views, perfect for family outings.
- Nobscussett Conservation Area: Hiking trails and views along the protected shores of Bass River.
Seasonal Activities
- Summer Festivals and Outdoor Concerts: Participate in family-oriented events that add to the town's vibrant atmosphere.
- Golfing: Enjoy rounds at the well-rated Dennis Highland and Dennis Pines golf courses.
Local Knowledge
- Beach Tips: Take advantage of the low tide at Mayflower Beach to walk out onto the ocean floor, and enjoy the gentle surf and soft sand.
- Biking: Rent bikes from Barb’s in South Dennis for easy access to the Cape Cod Rail Trail.
By sharing these attractions and insider tips, you can help your Airbnb guests make the most of their visit to Dennis, Massachusetts.
Practical Tips to Run a Successful Short-Term Rental Business in Dennis, Massachusetts
To ensure a smooth and successful short-term rental business in Dennis, Massachusetts, several practical tips can be implemented:
Noise Regulations and Quiet Hours
Inform your guests about the local noise regulations and quiet hours to avoid any potential issues. Include this information in your digital and physical house manual, and consider posting a notice in the rental property to remind guests of the quiet hours.
Digital and Physical House Manual
Create a comprehensive house manual that includes essential instructions, Wi-Fi passwords, and other important details about the property. This manual should be both digital (accessible via a shared document or app) and physical (a printed copy available in the property) to cater to different preferences.
Simplified Check-in Process
Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide clear instructions on how to use the smart locks and ensure that guests receive all necessary access codes in advance. Additionally, include detailed parking instructions accompanied by photos to help guests navigate the property easily.
Local Compliance and Maintenance
Stay updated with local regulations, such as registration requirements, safety inspections, and tax obligations, to avoid fines and penalties. Regular maintenance is crucial, especially given the coastal weather conditions, to ensure the property remains in top condition. Engage with local cleaning services and maintenance professionals to handle any issues promptly.
By implementing these strategies, you can enhance the guest experience, reduce potential issues, and maximize your revenue throughout the year.
Here is a brief list of house cleaning providers in Dennis, Massachusetts:
House Cleaning Providers in Dennis, MA
Home Sweet Home Cleaning
- Located in South Dennis, serving Barnstable County
- Offers home and office cleaning services, including weekly, bi-weekly, monthly, move-in/out, and deep cleaning.
The Maids
- Provides professional house cleaning services in the Dennis area
- Trained professionals develop a cleaning plan according to your schedule and expectations.
MaidPro
- Offers customized house cleaning services, including weekly, bi-weekly, or one-time cleanings in South Dennis.
Independent Housekeepers on Care.com
- A list of individual housekeepers available for hire in Dennis, MA, with an average rate of $20 per hour.
Various House Cleaners Listed on Angie's List
- A compilation of top-rated house cleaners in Dennis, MA, with reviews and ratings to help you choose the right service.
Short-Term Rental Management Fees in Dennis, Massachusetts
Managing short-term rentals in Dennis, Massachusetts, involves a range of fees that can vary significantly based on the level of service provided. Typically, management fees for short-term rentals in Dennis range from 10% to 30% of the rental revenue. Full-service management, which includes comprehensive services such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often starting at around 15% to 20% of revenue.
Basic services, which may only include booking management and minimal support, can be less expensive. Additionally, hosts may incur extra fees for cleaning, repairs, and design or amenities, which can be charged separately or included in the overall management fee. For instance, some management companies charge a cleaning fee that is passed on to guests, while others may include it in their overall fee structure. Understanding these fees and services is crucial for hosts to optimize their revenue and ensure compliance with local regulations.