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32 Greengate Rd Falmouth — Photo 1 of 38

$1,069,000

Investment Analysis — 32 Greengate Rd

Falmouth, MA 02540 — Greengate

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 2.04% cap rate and $21,765/yr in estimated NOI at the $1,069,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

3,078

Style

Single Family

Built

1967

32 Greengate Road - Set back on a private .92 acre lot in the quiet Greengate neighborhood, 32 Greengate Road offers 3078 sq feet of space and setting to enjoy Cape Cod living. Falmouth Village and its lively Main Street, Woods Hole, beaches, golf courses, shops, and restaurants are all within easy reach, with convenient access to routes on and off Cape. Inside, this Garrison-style home feels warm and welcoming, with pine flooring and a spacious living room anchored by a wood-burning fireplace. A dining room and sunroom offer more places to gather or unwind, while the kitchen opens to the back deck and expansive, private backyard. A whole -home generator adds peace of mind throughout the seasons. The second floor features four bedrooms, a shared full bath, a spacious dedicated laundry room, and an additional living area ready to become a lounge, playroom or workspace. With its generous lot and central Falmouth location, 32 Greengate Road is ready to be enjoyed and cherished.

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 3,078 sq ft principal dwelling). Lot size: 40,049 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.