Investment Analysis — 84 Lakewood Dr

Mashpee, MA 02649

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 3-bedroom in 02649 carries an estimated $3,040/mo in gross rent — about a 2.84% cap rate and $22,695/yr in estimated NOI at the $799,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,290

Style

Single Family

Built

1950

Imagine waking up every morning to the shimmering expanse of Mashpee Wakeby Pond outside your window. 84 Lakewood Dr offers a front-row seat to one of the area's most beautiful freshwater gems, blending a relaxed lakeside lifestyle with a bright, airy interior.The heart of the home is an expansive open-concept where the living room, dining area & kitchen flow seamlessly together. A dramatic wall of windows floods the space with natural light & frames the pond views. The kitchen features a dedicated breakfast bar positioned perfectly to soak in the scenery while you enjoy your morning coffee. Whether you're hosting a summer dinner or just relaxing after a day on the water, the layout feels effortless and connected. The second floor has the primary suite with a full bath and porch. The proximity to the water is unbeatable—you're situated just steps from the association beach and moments away from the Mashpee Public Boat Landing and Beach. This property is ready for its next chapter with a passing Title V in hand for a 3 bedroom home, ensuring a smooth transition for the new owners. If you've been dreaming of of life by the pond, then this is your dream come true.

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 2,290 sq ft principal dwelling). Lot size: 16,204 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.