Investment Analysis — 43 Heather Ln

Falmouth, MA 02556 — North Hill

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 4-bedroom in 02556 carries an estimated $3,290/mo in gross rent — about a 3.09% cap rate and $25,907/yr in estimated NOI at the $839,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

1,960

Style

Single Family

Built

1983

Situated in a highly desirable North Falmouth neighborhood of North Hill, this spacious home offers a welcoming front porch and an inviting open-concept main floor featuring beautiful wide-pine floors. The heated sunroom extends the living space and opens to an expansive, updated deck—perfect for relaxing or entertaining while enjoying easy access to the backyard. The upper level features four generously sized bedrooms, including a spacious primary suite with a private bath and abundant closet space. The lower level provides versatile additional living space that can be used as a family room, home office, or exercise room, with direct access to the backyard and the two-car garage. A second lower-level basement offers excellent potential for a workshop, recreation room, or ample storage.Enjoy an exceptional North Falmouth location near the 11+ mile Shining Sea Bike Path, which extends to Woods Hole, as well as two popular area beaches—Old Silver Beach and Megansett Beach. Boaters will appreciate the many nearby marinas, while North Falmouth Elementary School and several playgrounds are conveniently close by. Your home awaits you! All information should be independently verified.

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 1,960 sq ft principal dwelling). Lot size: 29,599 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.