Investment Analysis — 46 Harbor Avenue

Falmouth, MA 02540 — Falmouth Heights

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 3-bedroom in 02540 carries an estimated $2,600/mo in gross rent — about a 1.55% cap rate and $18,632/yr in estimated NOI at the $1,199,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,344

Style

Single Family

Built

1983

Welcome to this well-built three-bedroom home in Falmouth Heights, less than two-tenths of a mile from Falmouth Heights Beach—one of Falmouth's most desirable seaside neighborhoods. Set on a generous corner lot outside the flood zone, the property offers added space and privacy while staying close to the beach, Falmouth Harbor, and downtown Falmouth. Built in 1983, the home offers the advantages of more modern construction, including a poured concrete foundation and full basement. The flexible floor plan features two bedrooms on the first floor and a third bedroom upstairs, with a newer roof and fresh interior paint throughout—a clean canvas for new owners. The spacious yard offers room for outdoor living, gardening, and recreation. Enjoy easy access to seaside dining, the Heights ballfield, and the summer traditions that make Falmouth Heights so special—from morning beach walks to evenings by the harbor. An outstanding opportunity for coastal living.

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: 672 sq ft (the lesser of 900 sq ft or half the 1,344 sq ft principal dwelling). Lot size: 10,237 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.