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333 Days on market
0 Elsies Way Falmouth — Photo 1 of 17

0 Elsies Way Falmouth — Photo 1 of 17

$2,400,000

Investment Analysis — 0 Elsies Way

Falmouth, MA 02536 — East Falmouth

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a home in 02536 carries an estimated $1,900/mo in gross rent — about a -0.48% cap rate and $-11,472/yr in estimated NOI at the $2,400,000 list price. Adjust every assumption in the calculator below.

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This exceptional 11.79-acre parcel in East Falmouth offers a rare opportunity to own a significant piece of land on Cape Cod. It directly abuts the manicured fairways of the Falmouth Country Club, one of the Upper Cape's finest golf courses. Despite its private feel, the property offers convenience with access to major routes and is just minutes from Falmouth and Mashpee beaches, popular shopping and fine dining. Access to the property from Carriage Shop. While currently used as a contractor's yard, the seller has a clear plan to remove all stored materials. This substantial acreage is a compelling investment opportunity for developers, making a strong case for a potential residential subdivision. Alternatively, it is the perfect expansive canvas for the creation of a custom-designed estate. Buyers are responsible to perform any and all due diligence.

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 MLS and other third-party data may be inaccurate or out of date.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$2,400,000
Annual Taxes--

Parking

Garage0
Off-Street0

Interior Specifications

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FireplacesNone
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BasementNone

Climate & Utilities

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WaterPrivate
SewerOther

Building & Exterior

Construction--
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ZoningAGA

Property & Lot

Acres11.79
SqFt Lot513,572
Lot FeaturesFill Needed

Neighborhood

Walk/Jog Trails • Golf • Conservation Area • Highway Access

Geography

Listing Provided By

Listing Agent: Jason Landers

Listing Office: Sotheby's International Realty

MLS® Number: 73443603