AirDNA Data: US→ Rhode Island→ Wakefield
How is Wakefield performing?
52
Okay
61
Investability
68
Rental Demand
32
Revenue Growth
23
Seasonality
42
Regulation
Annual Revenue
$28.7K
+3%
past year
Occupancy Rate
63%
+4%
past year
Average Daily Rate
$388.3
+3%
past year
Revenue per Available Rental (RevPAR)
$242.2
+6%
past year
Wakefield Performance Details
Total available listings
504
+3%
past year
Listings by rental channel
Airbnb (50%)
Vrbo (20%)
Both (30%)
Listings by rental size
1 Bedroom (23%)
2 Bedroom (25%)
3 Bedroom (30%)
4 Bedroom (14%)
5+ Bedroom (7%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (43%)
91-180 nights (34%)
181-270 nights (14%)
271-365 nights (10%)
Listings by rental type
Entire Home (96%)
Private Room (4%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (9.2%)
Moderate (58.6%)
Strict (30.1%)
Super Strict (2.0%)
Listings by Minimum Stay
1 Night (0.2%)
2 Nights (28.0%)
3 Nights (22.0%)
4-6 Nights (10.3%)
7-29 Nights (20.6%)
30+ Nights (18.8%)
What amenities do listings have?
Internet
99%
Wireless Internet
97%
Parking
95%
Kitchen
93%
Aircon
88%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Sunrise Properties | 10 | 0.7% | 27 | 4.82 |
Evolve | 8 | 0.6% | 173 | 4.73 |
Narragansett Properties- List, Rent, Invest | 5 | -0.2% | 32 | 4.74 |
Ann Obrien Realty | 2 | 0.0% | 2 | 5.00 |
WOODS + COMPANY | 1 | 1.0% | 48 | 4.90 |
Occupancy
Occupancy Rate
63%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Revenue
Average revenue
$2,869,367
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow much revenue did listings earn per month?
Average revenue over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Rates
Revenue per available rental (RevPAR)
$63
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat was the average daily rate?
Average daily rate over the last 5 years
-3%
past year
2023
2022
2021
2020
2019
2018
Revenue per available rental (RevPAR)
Revenue per available rental
$63
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
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