Active Under Contract

61 Days on market

45 Ludlam St Falmouth — Photo 1 of 42

$1,750,000

Investment Analysis — 45 Ludlam St

Falmouth, MA 02540

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 1.23% cap rate and $21,459/yr in estimated NOI at the $1,750,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,438

Style

Single Family

Built

1972

Rarely does a property offer the privacy of 2.88 acres while being just a short stroll to downtown Falmouth and the beautiful surf drive beaches.This spacious 4-bedroom Cape is designed for comfortable year-round living and memorable gatherings. The inviting living room is centered around a wood-burning fireplace, while the eat-in kitchen features a convenient walk-in pantry for exceptional storage. Two bright sunrooms provide the perfect spaces to relax with a morning coffee, entertain guests, or simply enjoy views of the surrounding gardens and natural landscape.Step outside to the expansive wraparound elevated deck, where you’ll overlook a peaceful backyard that feels like your own private bird sanctuary. Mature gardens, two storage sheds, and abundant privacy create a truly tranquil setting.Additional features include a walk-out basement, one-car garage, whole-house generator, oil heat, and mini-split air conditioning for year-round comfort.Whether you’re looking for a year-round residence or a Cape Cod getaway, this exceptional property offers the best of both worlds—peaceful seclusion with the convenience of being able to walk to beaches, restaurants, shops, and everything downtown Falmouth has to offer. Buyer /Buyer agent to verify all information.

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 2,438 sq ft principal dwelling). Lot size: 125,379 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.