
537 W Falmouth Hwy Falmouth — Photo 1 of 42
Recent Drop: $100,000
$1,095,000
Investment Analysis — 537 W Falmouth Hwy
Falmouth, MA 02540
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 1.66% cap rate and $18,141/yr in estimated NOI at the $1,095,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,177
Style
Single Family
Built
1981
Lovingly cared for by the same owner for over 30 years, this inviting Gambrel-style post-and-beam home blends timeless character with a coveted West Falmouth Village setting. Offering three bedrooms and 2.5 baths, the home features a welcoming living room, dining area, and a bright kitchen with granite countertops and generous cabinet storage. A screened porch creates the perfect place to unwind on warm summer evenings. Two bedrooms on the second level share a full bath, while the primary suite includes a walk-in closet and additional storage and full bathroom. The second floor also offers a separate office and sitting room--ideal for remote work, reading, or a quiet retreat. An attached two-car garage with 11 ft ceilings, outdoor shower, and storage shed add convenience for year-round or seasonal living. Perfectly situated just 0.2 miles from the Shining Sea Bike Path and less than 0.5 miles to Chapoquoit Beach.
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 2,177 sq ft principal dwelling). Lot size: 53,200 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Dishwasher • Refrigerator • Washer • Dryer
Geography
Property History
$1,095,000
Was $1,195,000
Aug 11, 2026
MLS® 73487046
$1,195,000
Mar 16, 2026
MLS® 73487046
Listing Agent: Kerrie Marzot
Listing Office: Sotheby's International Realty
MLS® Number: 73487046








