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232 Wood Rd Yarmouth — Photo 1 of 41

$849,000

Investment Analysis — 232 Wood Rd

Yarmouth, MA 02664

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 4-bedroom in 02664 carries an estimated $3,580/mo in gross rent — about a 3.39% cap rate and $28,742/yr in estimated NOI at the $849,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,470

Style

Single Family

Built

1934

Beautifully renovated 4-bed, 2-bath Cape on a quiet, no-outlet corner lot, just a block from Wing's Grove Beach on Long Pond. Full of classic New England character with 8-foot ceilings, vintage woodwork & gleaming hardwood floors. Both bathrooms gut-renovated; kitchen refreshed with new countertops, backsplash, sink, dishwasher & microwave; every wall, ceiling, trim & door freshly painted; all hardwood floors refinished with new shoe molding; new luxury vinyl in all 3 upstairs bedrooms; all-new electrical fixtures, hinges & hardware throughout. A versatile first-floor bedroom flexes as a primary suite, playroom, or home office, and new railings line both stairways. Open front porch; screened back porch freshly painted with a new fan; new outdoor shower & firepit. The former 2-car garage is now a bar/game room with built-in bar, fridge, shiplap wall & mounted TV — perfect for entertaining. Full basement with inside/outside access, storage, and room to finish. New gutters, Azek deck, updated plumbing, new washer/dryer. Minutes to Route 28, Yarmouth & Dennis shops, restaurants, golf & beaches. Strong rental history — move-in ready with real income potential.

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: 735 sq ft (the lesser of 900 sq ft or half the 1,470 sq ft principal dwelling). Lot size: 10,019 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.