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1005 Main St Dennis — Photo 1 of 42

$4,250,000

Investment Analysis — 1005 Main St

Dennis, MA 02638

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 4-bedroom in 02638 carries an estimated $3,350/mo in gross rent — about a 0.41% cap rate and $17,250/yr in estimated NOI at the $4,250,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

6.5

SqFt

6,087

Style

Single Family

Built

2012

An iconic estate at 1005 Main St in Dennis Village, this lakefront sanctuary was the vision of Joseph Carr, founder of Josh Cellars Winery, and wife Deirdre. Inspired by classic Nantucket architecture with a Hudson River Valley/NYC flair, the home was designed by Mark Zibrat and built by Gable Bulding, both of Chatham. It offers universally functional interiors tailored just as well for grand galas as for intimate gatherings. The sprawling front lawn has hosted rousing white parties and lawn games, while a winding, wooded path leads to the shores of Scargo Lake, complete with a hidden lakeside living room. Inside, enjoy wide King Pine floors, a custom La Cornue range, Italian Carrara marble, and a secret wine tasting room. Featured across top publications, the property includes a new two-story, two-car garage withan executive office, plus a separate "salon" outbuilding that seats up to 14 for an al fresco dinner party. Built along historic Route 6A where early sea captains intentionally settled, this tranquil retreat offers private and warm freshwater swimming with the famous Dennis bayside beaches just around the corner.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 6,087 sq ft principal dwelling). Lot size: 65,340 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.