Investment Analysis — 429 Highbank Rd

Yarmouth, MA 02664

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 3-bedroom in 02664 carries an estimated $3,120/mo in gross rent — about a 2.33% cap rate and $20,818/yr in estimated NOI at the $895,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,662

Style

Single Family

Built

1970

A rare opportunity to create your waterfront dream home on coveted Bass River. Set on a premier .35-acre (15,246 SF) waterfront parcel, 429 Highbank Road offers an exceptional canvas for the discerning buyer, architect, luxury builder, or developer to create a timeless Cape Cod waterfront estate. The existing residence and dock are offered as a tear-down/redevelopment opportunity. Enjoy Bass River frontage, a private dock, deep-water boating access, and direct passage to Nantucket Sound. Launch your kayak from your shoreline, fish the river, or cast off for an afternoon cruise and sunset sail. Expansive views extend across a private cove to the preserved conservation area, providing privacy, natural beauty, and enduring value. Waterfront opportunities of this caliber are increasingly scarce—an invitation to create something truly exceptional along the shores of Bass River on Cape Cod. Please do not enter or walk the property without a confirmed appointment.

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: 831 sq ft (the lesser of 900 sq ft or half the 1,662 sq ft principal dwelling). Lot size: 15,246 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.