Active Under Contract

14 Days on market

51 Canal Road #2 Bourne — Photo 1 of 39

$274,900

Investment Analysis — 51 Canal Road #2

Bourne, MA 02562 — Sagamore Beach

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 1-bedroom in 02562 carries an estimated $1,840/mo in gross rent — about a 2.41% cap rate and $6,638/yr in estimated NOI at the $274,900 list price. Adjust every assumption in the calculator below.

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Beds

Baths

SqFt

316

Style

Condominium

Built

1900

Just across the street from the Cape Cod Canal, this beautifully renovated detached condo offers a unique opportunity to enjoy the best of Sagamore Beach. The thoughtfully updated interior features a remodeled kitchen with upgraded cabinetry, quartz countertops, vinyl plank flooring, and a propane gas stove. The vaulted living room with a skylight creates an inviting sense of space, while the cozy bedroom, 3/4 bath with a tiled shower, and in-unit laundry add everyday convenience. Additional features include heat pump heating and cooling and two storage sheds. The private wood deck provides the perfect spot to relax, dine, and watch boats and ships pass through the Canal just across the way. Residents also enjoy an in-ground association pool, landscaping, and other amenities. With the Canal, Sagamore Beach and Scusset Beach all nearby, this is a unique opportunity to enjoy the Cape Cod lifestyle year-round or as a weekend retreat.

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 MLS and other third-party data may be inaccurate or out of date.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.

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