Off Market
850 Falmouth Rd, Barnstable, MA
Barnstable · MA 02601
- $22,950,000
- Price
- 95
- Beds
- 93
- Baths
- 50621
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 2023
Units:
53 Units
Lot size:
2.98 Acres Lot
Price per square foot:
$453 / Sq.Ft
Parking:
87 Off Street Spaces
About this home
The Residence at 850 offers investors a rare chance to acquire a newly constructed, fully stabilized Class A multifamily asset in the heart of Cape Cod. Completed in 2023, the luxury rental community features 44 two-bedroom and 9 one-bedroom units and has been operating through nearly two full years of stabilization. The property has matured into a high-performing, cash-flowing investment in one of Massachusetts? most supply-constrained, high-demand rental markets. Future upside remains in aligning rents with market levels and enhancing management efficiencies. Located along Massachusetts Route 28 in Hyannis?Barnstable County?s largest and most dynamic village?the property benefits from regional connectivity, proximity to the Cape Cod Gateway Airport, commercial corridors, and new development. As Hyannis continues to revitalize, driven by public-private investments and a growing local economy, this asset is positioned to capitalize on long-term rental demand and rising housing costs.
Neighborhood & Transit
850 Falmouth Rd, Barnstable · MA 02601
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 502 days
- Listing Price:
- $22,950,000
- Price per Sq.Ft:
- $453
- Tax Assessment:
- $22,922,000 in 2024
- Taxes:
- $2,283 / Monthly
Home Facts
Interior Features
- Bedrooms
- 95
- Full Bathrooms
- 93
- Half Bathrooms
- 0
- Living Area
- 50,621 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 50621
- Flooring
- Unknown
- Lead paint
- None
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 129,808 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 87 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Nicholaus Jasinski
- Listing office
- Matthews Real Estate Investment Services, Inc.
- MLS PIN #
- 73394144