Investment Analysis — 39 Lakewood Drive

Harwich, MA 02645

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 3-bedroom in 02645 carries an estimated $3,360/mo in gross rent — about a 3.94% cap rate and $27,378/yr in estimated NOI at the $695,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,255

Style

Single Family

Built

1971

Beautifully maintained and inviting, this charming home offers easy one-floor living and is just minutes from beaches, golf, bike path and boating on Long Pond. The thoughtfully designed 3 BR, 2 BA home features an updated kitchen with granite countertops, a center island and high-end cabinetry. The spacious living room showcases hardwood floors, built-ins and a cozy wood-burning fireplace. A bright 3-season sunroom provides additional space to relax and enjoy the surrounding setting, while the full walk-out lower level offers excellent flexibility for storage, recreation or future expansion. Recent improvements include a brand new Title 5 septic system, updated heating system, central AC, new electrical panel and a new patio. Comfortable, well cared for and thoughtfully updated, this lovely home offers exceptional Cape Cod living in a great location.

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: 628 sq ft (the lesser of 900 sq ft or half the 1,255 sq ft principal dwelling). Lot size: 14,365 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.