Back to Search
Active
4 Days on market
562 Waquoit Hwy Falmouth — Photo 1 of 42

562 Waquoit Hwy Falmouth — Photo 1 of 42

$599,900

Investment Analysis — 562 Waquoit Hwy

Falmouth, MA 02536

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 3-bedroom in 02536 carries an estimated $3,090/mo in gross rent — about a 4.26% cap rate and $25,554/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,195

Style

Single Family

Built

1920

Charming 3 bedroom 2 bath farmhouse style home nestled perfectly on a .72 acre lot. The home has many great updates, including a newer roof, windows, mini splits for heat & a/c, water heater, deck, 4 bedroom septic, as well as new plumbing and electrical. Bright and inviting front living room with hardwood floors expands into a sitting area, first floor bedroom and ½ bath. Spacious kitchen and dining area with newer appliances, granite countertops and French doors leading to deck. Second level has 2 bedrooms with new carpet and a full bath. Plenty of storage space in the basement, complete with laundry area and work bench. Detached 2 car garage and shed. Plenty of room to park cars, boats, trailers, etc! This home is zoned AGA – Agricultural with plenty of room for possible expansion. A must see!

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: 598 sq ft (the lesser of 900 sq ft or half the 1,195 sq ft principal dwelling). Lot size: 31,520 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

Original Price$599,900
Annual Taxes$2,627

Parking

Garage2
Off-Street10

Interior Specifications

Total Rooms6
FireplacesNone
Flooring--
BasementFull, Interior Entry, Unfinished

Climate & Utilities

HeatingDuctless
CoolingDuctless
WaterPublic
SewerPrivate Sewer

Building & Exterior

Construction--
RoofShingle
FoundationBlock
ZoningAGA

Property & Lot

Acres0.72
SqFt Lot31,520
Lot Features--

Amenities & Appliances

Electric Water Heater

Geography

Listing Provided By

Listing Agent: Sarah Lapsley

Listing Office: Greer Real Estate, LLC

MLS® Number: 73585924