Investment Analysis — 46 County Road

Falmouth, MA 02556

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 5-bedroom in 02556 carries an estimated $3,290/mo in gross rent — about a 2.83% cap rate and $25,438/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,699

Style

Single Family

Built

1900

Dating to the late 19th century, 46 County Road is a classic Queen Anne-style home set on nearly three-quarters of an acre of private, established grounds in the heart of North Falmouth Village. Currently configured with three units in the main house plus a detached one-bedroom, one-bath cottage, the property offers more than 2,100 square feet of finished living space in the main residence. Cedar shingles, a covered wrap-around porch, mature trees and a generous lot contribute to its timeless Cape Cod character. The existing configuration offers flexibility and an exciting opportunity to reimagine the property. Continue its current use or explore creating a spacious single-family residence while retaining the separate cottage for additional living space, guests, a home office or other possibilities. Just two doors from the Shining Sea Bikeway and close to Megansett Beach, tennis, playground, library, shops and restaurants, this is a rare combination of village location, privacy, character and potential.

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 2,699 sq ft principal dwelling). Lot size: 32,670 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.