Active

97 Days on market

3 Bay Wood Drive Orleans — Photo 1 of 42

Recent Drop: $100,000

$1,500,000

$1,400,000

Investment Analysis — 3 Bay Wood Drive

Orleans, MA 02653

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 3-bedroom in 02653 carries an estimated $2,630/mo in gross rent — about a 1.13% cap rate and $15,783/yr in estimated NOI at the $1,400,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,432

Style

Single Family

Built

2008

Just ½ mile from Pleasant Bay, this exceptional South Orleans home blends privacy, craftsmanship, flexible living and remarkable energy efficiency. Built by renowned Cape Associates, the beautifully maintained 3-bedroom, 3-bath home offers 2,432 sq. ft. across three thoughtfully designed levels. The open main level features a spacious living room, dining area, and well-appointed kitchen flowing to an expansive deck overlooking the backyard. A stone patio and outdoor living areas are ideal for entertaining or relaxing after a day on the bay. Upstairs, the primary suite includes a walk-in closet, private balcony, and en suite bath, with two additional bedrooms and a full bath nearby. The finished lower level offers flexible space for an office, media room, gym, or guests. An attached 2-car garage may also be possible, adding potential. Solar panels, solar hot water, spray foam insulation, HRV ventilation, MERV 16 filtration, Energy Star lighting, sustainable materials, and a HERS Index of 28 deliver exceptional comfort and low operating costs. Gold-certified and in excellent condition, this distinctive home offers refined Cape Cod living moments from Pleasant Bay.

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 2,432 sq ft principal dwelling). Lot size: 32,234 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.