Investment Analysis — 47 Little Rock Ave

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 2.23% cap rate and $18,990/yr in estimated NOI at the $850,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,744

Style

Single Family

Built

1950

Fantastic location near Falmouth Heights Beach, Falmouth Harbor, Island Queen, Main Street restaurants and shopping. 3 bedrooms and 2 full baths. Living room, family room, kitchen with dining area. Full bath on both first and second floor. Roof 2022. Hot water tank 2024. Freshly painted interior. This location is ideal for ease of getting on and off the Cape and then enjoying all the things that make Falmouth such a special Cape Cod town.

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: 872 sq ft (the lesser of 900 sq ft or half the 1,744 sq ft principal dwelling). Lot size: 4,500 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 MLS and other third-party data may be inaccurate or out of date.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.