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170 Lakeview Ave Falmouth — Photo 1 of 38

$899,000

Investment Analysis — 170 Lakeview Ave

Falmouth, MA 02540 — Falmouth (village)

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 2.59% cap rate and $23,254/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,658

Style

Single Family

Built

1927

A rare opportunity in the heart of Falmouth Village, this charming, picturesque cape cod style home combines an exceptional in-town location with a remarkably generous .63-acre double lot. Main Street shops, restaurants, village amenities, and nearby beaches are all just minutes away, making it easy to enjoy the best of Falmouth living. The oversized lot is especially uncommon in this location and offers exciting potential for future expansion. The seller also has a feasibility report in hand exploring the potential for an Accessory Dwelling Unit (ADU), adding another layer of possibility for the property. Buyers are encouraged to perform their own due diligence regarding permitting, expansion, and future use. With its prime village setting, rare lot size, and future potential, this property offers an incredible opportunity to enjoy Falmouth today while creating possibilities for tomorrow. All information is deemed reliable but is not guaranteed. Buyers and buyer agents are encouraged to perform their own due diligence and independently verify all information, including but not limited to property details, lot size, permitted uses, expansion potential, and ADU feasibility.

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: 829 sq ft (the lesser of 900 sq ft or half the 1,658 sq ft principal dwelling). Lot size: 27,552 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.

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