Investment Analysis — 16 Greengate Road

Falmouth, MA 02540

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 4-bedroom in 02540 carries an estimated $2,980/mo in gross rent — about a 2.35% cap rate and $22,180/yr in estimated NOI at the $945,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,862

Style

Single Family

Built

1964

Located in desirable Greengate, this Garrison Colonial offers 4 bedrooms and 2.5 baths on a beautiful lot close to town. The fireplaced living room features beautiful pine floors and direct access to a newly painted screened-in porch. A spacious kitchen and dining area with electric range and dishwasher, formal dining room, and half bath complete the first floor. Upstairs are four nicely sized bedrooms, including the primary bedroom, along with a full bath. The walk-out basement offers two finished rooms and an additional full bath, providing great extra living space. The home will be sold with a brand-new Title V septic system designed for a 4-bedroom home, to be completed by closing. An oversized detached 2-car garage and a natual gas emergency generator adds even more value. Great location, great lot, and plenty of space. Don't wait!

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 1,862 sq ft principal dwelling). Lot size: 40,075 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.