199 Edgewater Dr W Falmouth — Photo 1 of 19
Recent Drop: $100,000
$1,399,000
Investment Analysis — 199 Edgewater Dr W
Falmouth, MA 02536 — Seacoast Shores
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 1.57% cap rate and $21,983/yr in estimated NOI at the $1,399,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,053
Style
Single Family
Built
1961
Rare opportunity to own a home with a deep-water dock for under 2m! Private .27acre lot including private beach with deeded fixed pier and float with access to Vineyard Sound. Home consists of three bedrooms and one bath with a large living room / dining room. Renovate or build new this property is a great opportunity to create your Falmouth waterfront dream home! Builder options available.Private Remarks: Strict 24-hour notice for all showings Septic Replaced 2013 and moved to the front yard Title V in hand
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: 527 sq ft (the lesser of 900 sq ft or half the 1,053 sq ft principal dwelling). Lot size: 11,901 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 MLS and other third-party data may be inaccurate or out of date.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
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Pool • Tennis Court(s) • Golf • Marina • Public School
Geography
Property History
$1,399,000
Was $1,499,000
Sep 10, 2026
MLS® 73558559
$1,499,000
Aug 3, 2026
MLS® 73558559
Listing Agent: Timothy Skelly
Listing Office: Cape and Islands Realty Advisors Inc.
MLS® Number: 73558559