In Eastham, Massachusetts, the short-term rental market is thriving, with an average daily rate of $424, 66% occupancy, and a monthly revenue of $35,439, driven by the area's unique blend of natural beauty and tourist appeal.
Thriving Short-Term Rental Market in Eastham, Massachusetts
Eastham, Massachusetts, is experiencing a robust and vibrant short-term rental market, driven by its allure as a summer vacation destination. The town boasts an average occupancy rate of 66% for its short-term rentals, indicating a high demand for these properties.
The average daily rate for short-term rentals in Eastham stands at an impressive $424, with monthly revenues averaging $35,439. This strong performance is supported by the town's unique blend of natural beauty, historical significance, and proximity to attractions like the Cape Cod National Seashore and the Nauset Light.
Despite seasonal fluctuations, with peak demand during the summer months and lower occupancy in the off-peak season, Eastham's short-term rental market remains a lucrative and appealing option for both hosts and travelers. The town's commitment to preserving its natural and historical resources adds to its charm, making it an ideal location for tourists and nature enthusiasts alike.
Short-Term Rental Regulations in Eastham, Massachusetts for 2024
Registration and Compliance
- Registration Requirement: All short-term rental properties must be registered with the Board of Health and the Commonwealth of Massachusetts Department of Revenue.
- Annual Registration: Registration must be completed annually, with all applications submitted online starting November 1, 2024.
Ownership and Operation Limits
- Limit on Number of Short-Term Rentals: An owner may register to operate only two dwelling units as short-term rentals. If an owner has more than two units, they must choose only two to be registered.
- Exemptions: This limitation does not apply to cottage colonies under single ownership.
Prohibitions
- Affordable and Income-Restricted Units: Short-term rentals are prohibited in dwelling units designated as affordable or otherwise income-restricted.
- Fractional Ownership: Fractional ownership arrangements of residential property, where ownership shares are sold to strangers on the open market, are prohibited.
Regulatory Requirements
- Health and Safety Inspections: Properties must undergo health and safety inspections, conducted in-person, to ensure compliance with the Massachusetts state housing code. Inspections are required the first year of registration and every three years thereafter.
- Minimum Standards: Properties must meet minimum standards including functioning smoke and carbon monoxide alarms, hot water availability, labeled electrical panels, and functioning doors, windows, and locks.
Taxation and Fees
- State and Local Taxes: Owners must collect and remit state and local occupancy taxes, including a 5.7% state excise tax, up to 6.5% local excise tax, and a 2.75% Cape Cod and Islands Water Protection Fund excise tax.
- Registration Fees: Fees for the issuance of Certificates of Registration may be set by the Board of Health, subject to the approval of the Select Board.
Enforcement and Penalties
- Penalties for Non-Compliance: Failure to comply with regulations can result in fines up to $300 per day. The Town may also seek to enjoin violations through lawful processes.
- Inspection Failures: Nonfunctioning alarms or other safety violations will constitute a failed inspection and may result in denial of a rental certificate.
Legacy and Transitional Provisions
- Legacy Clause: Current owners of more than two short-term rentals must choose two units to continue operating. There is no "grandfather" clause for new regulations; however, existing certificates of registration remain valid until the property is transferred or the certificate is not renewed.
Neighborhoods Generating the Most Airbnb Revenue in Eastham, Massachusetts
1. North Eastham
- Appeal: North Eastham is highly appealing due to its proximity to the Cape Cod National Seashore, Salt Pond, and various biking and hiking trails. Guests love the serene and peaceful setting, with many cottages and houses offering easy access to Thumpertown Beach and other local attractions.
2. Eastham Center
- Appeal: The central area of Eastham is popular for its convenient location, allowing easy access to the Cape Cod Rail Trail, Nickerson State Park, and local beaches such as Linnell and Crosby Landing. Guests appreciate the quiet neighborhoods and the ability to walk or bike to various amenities.
3. Nauset Area
- Appeal: This area is attractive due to its close proximity to Nauset Lighthouse, Nauset Light Beach, and the Cape Cod National Seashore Salt Pond Visitor Center. Guests enjoy the historic and scenic beauty of the area, along with the availability of family-friendly and pet-friendly rentals.
4. Minister's Pond Area
- Appeal: The Minister's Pond area is favored for its luxurious cottages overlooking peaceful freshwater ponds. Guests enjoy the tranquil setting, fire pits, and the opportunity to kayak or canoe on the pond. The area's natural beauty and easy access to hiking and biking trails make it highly appealing.
5. Bayside Beach Area
- Appeal: This area is popular for its recently renovated homes and bayside beach houses, offering bright and open living spaces, new furnishings, and amenities like seashell fire pits. Guests love the short walks to the beach and the beautiful sunsets over the bay.
These neighborhoods in Eastham, Massachusetts, are particularly appealing due to their combination of natural beauty, convenient locations, and a range of amenities that cater to different types of guests, from families to nature lovers.
Creating an Inviting Airbnb in Eastham, Massachusetts: Design and Furnishing Tips
Entryway and First Impressions
- Ensure the entryway is welcoming and thoughtfully designed to make a positive first impression. Add elements like a cozy rug, a decorative vase, or a small console table to create a warm and inviting atmosphere.
Living Room
- Focus on creating a space that encourages conversation and comfort. Use lighting control with lamps and dimmer switches to set the mood.
- Provide soft, clean blankets and pillows with different fill options to add a touch of luxury.
- Include occasional tables and a pouf for guests to place their drinks and rest their feet.
- Consider the layout to ensure it supports various activities, such as reading or family games.
Bedroom
- Offer high-quality bedding, including white sheets and a full, fluffy duvet insert for a clean and luxurious feel.
- Provide two bedside tables with lamps for each guest, and consider adding USB ports or wireless charging features.
- Install blackout shades to cater to different sleep preferences.
- Add a ceiling fan for temperature control and ensure each bed has multiple pillows with different fill options.
Kitchen and Dining
- Use a handmade textured tile for the kitchen backsplash to add contrast and depth to the space.
- Incorporate unique hardware on the cabinetry to enhance the aesthetic.
- Ensure the kitchen is well-equipped for meal preparation, as this is a key feature for guests in coastal areas.
Textures and Colors
- Balance the space by pairing different textures, such as smooth metal trays with handmade vases or linen pillows with wool pillows.
- Adopt a coastal aesthetic with light colors, nautical themes, and natural materials to reflect Eastham's seaside ambiance.
Outdoor Spaces
- If available, enhance outdoor spaces like decks or patios to allow guests to enjoy the coastal views and sunsets.
- Include amenities like outdoor showers and private yards to add to the guest experience.
Local Touches
- Incorporate local art or decor that reflects the ocean environment and Eastham's unique character.
- Use rustic wooden accents and antiques to add a touch of the region’s historic charm.
Comfort and Cleanliness
- Prioritize comfort by adding soft surfaces such as rugs, chairs, and framed tapestries.
- Ensure all surfaces are easy to clean, but avoid making the space feel cold or cheap by balancing budget-friendly and mid-range pieces.
By following these tips, you can create an inviting and luxurious Airbnb in Eastham, Massachusetts, that reflects the city's unique coastal style and enhances the guest experience.
Discovering Eastham, Massachusetts: Local Attractions and Insider Tips
Local Attractions
Beaches and Coastline
- Nauset Light Beach: Known for its stunning views and historic Nauset Lighthouse, a must-visit for panoramic coastal views.
- Coast Guard Beach: A popular spot with pristine white sand and gentle waves, perfect for swimming and sunbathing.
- First Encounter Beach: Historically significant as the site of the first encounter between Pilgrims and Native Americans.
- Great Pond Beach and Wiley Park Beach: Scenic freshwater beaches away from the ocean, ideal for families and those seeking a quieter experience.
Historic Sites
- Eastham Windmill: The oldest grist mill on Cape Cod, offering interactive exhibits and historical demonstrations. Enjoy free concerts on Monday nights during the summer.
- Captain Penniman House: A historic whaling captain's home managed by the American National Park Service, providing insights into Eastham's maritime past.
- 1869 Schoolhouse Museum: Explore historical artifacts and experience what school life was like in the late 19th and early 20th centuries.
Natural and Outdoor Attractions
- Cape Cod National Seashore: An area of protected land with 40 miles of coastline, beaches, salt marshes, nature trails, and diverse wildlife.
- Fort Hill Rural Historic District: Features over 30 historic structures, including houses, barns, and a schoolhouse. Enjoy self-guided walking tours and historical reenactments.
- Nauset Marsh Trail: A scenic trail connecting Salt Pond Visitor Center with Coast Guard Beach, offering beautiful views of the marshes and woods.
- Kayaking and Paddleboarding: Explore the salt marshes of Nauset Marsh with guided tours or self-guided adventures through services like Great Marsh Kayak Tours and Paddle Cape Cod.
Other Landmarks
- Three Sisters Lighthouses: A picturesque trio of lighthouses now located in a field near Nauset Light, offering a unique historical backdrop.
- Doane Rock: A perfect spot for picnics and enjoying the natural beauty of the area.
Insider Tips
Getting Around
- Cape Cod Rail Trail: A 25-mile paved pathway ideal for biking, connecting various towns and attractions along the way. Rent bikes from local shops to explore the trail.
Dining
- Arnold’s Lobster & Clam Bar: Famous for its lobster rolls and fried clams, also featuring a mini-golf course and serving beer, wine, and gourmet ice cream.
- Restaurants on Route 6: Explore a variety of dining options along this strip, offering something for every taste and preference.
Hidden Gems
- Brewster Flats: Experience the largest tidal flats in North America, where you can walk out onto the ocean floor at low tide and discover marine life.
- Salt Pond Visitor Center: Participate in ranger-led programs and learn about the Cape Cod ecosystem through guided hikes and nature walks.
Family-Friendly Activities
- Wiley Park: Features trails, a playground, and a beautiful beach, making it an ideal spot for family outings.
- Seal-Watching Tours: Embark on an adventure to see seals in their natural habitat, a unique and memorable experience.
By sharing these attractions and tips, you can help your guests make the most of their visit to Eastham, Massachusetts, and create unforgettable memories.
Practical Tips to Run a Successful Short-Term Rental Business in Eastham, Massachusetts
To ensure a smooth and profitable short-term rental business in Eastham, 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. Eastham, like many other tourist destinations, has community standards that need to be respected. Including a section on noise policies in your house manual or welcome message can help set clear expectations.
Digital and Physical House Manual
Create a comprehensive digital and physical house manual that includes essential instructions, Wi-Fi passwords, and other important details. This manual should cover everything from how to operate appliances to emergency contact information. Ensuring that guests have easy access to this information can reduce the number of inquiries and issues.
Simplified Check-in Process
Utilize smart locks to streamline the check-in process. Smart locks eliminate the need for physical key exchanges and allow guests to access the property at their convenience. Additionally, provide clear instructions on how to use the smart locks, along with photos and videos if necessary.
Parking Instructions with Photos
Provide detailed parking instructions accompanied by photos to avoid confusion. Given the specific regulations regarding parking in Eastham, ensuring guests understand where and how to park can prevent violations and fines. Include this information in both the digital and physical house manual for easy reference.
By implementing these tips, you can enhance the guest experience, reduce potential issues, and ensure compliance with local regulations, ultimately contributing to a successful and stress-free short-term rental business in Eastham, Massachusetts.
Here is a brief list of house cleaning providers in Eastham, Massachusetts:
House Cleaning Services
Care.com Listings
- Various Individual Cleaners: 35 affordable cleaning ladies/services available, starting at $20.00/hr. These include cleaners like Reid O., Colin G., and Nikki D..
Professional Cleaning Companies
Merry Maids of Cape Cod
- Offers comprehensive cleaning services in the Cape Cod area, including Eastham. They have 40 years of experience and provide various cleaning services to restore balance to your life.
The Furies Cape Cod Cleaning Service
- Provides general house cleaning, spring and fall cleaning, changeover cleaning, vacation cleaning, window washing, gutter cleaning, carpet and upholstery cleaning, and post-construction cleaning. They also offer linen rental services and have been serving the area for 30 years.
Additional Resources
For more detailed listings and reviews, you can also check:- Angi: Provides a list of top house cleaners in Eastham, MA, along with tips on what to consider when hiring a house cleaner.
Managing Short-Term Rentals in Eastham, Massachusetts: Fees and Services
In Eastham, Massachusetts, the management of short-term rentals involves a range of fees that can vary significantly based on the level of service provided. Full-service management companies, which handle tasks such as guest communication, marketing, and maintenance, typically charge fees ranging from 20% to 30% of the rental revenue. These comprehensive services ensure that the property is well-maintained, marketed effectively, and managed efficiently, but come at a higher cost. On the other hand, basic services that may only include registration, tax compliance, and minimal oversight can be less expensive, often falling in the 10%-20% range. Additionally, property owners may incur extra fees for cleaning, repairs, or design services, which can further impact the overall cost of managing a short-term rental in Eastham.