4 So Highland Way Truro — Photo 1 of 35
$799,000
Investment Analysis — 4 So Highland Way
Truro, MA 02652 — North Truro
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 3-bedroom in 02652 carries an estimated $2,600/mo in gross rent — about a 2.50% cap rate and $19,941/yr in estimated NOI at the $799,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,107
Style
Single Family
Built
1966
Opportunity awaits with this 3-bedroom, 1-bath ranch tucked away at the end of a quiet cul-de-sac with only one other home on the street. Set on a spacious .67-acre lot, the property offers privacy, a large backyard, and plenty of room to enjoy the outdoors. Inside, beautiful hardwood floors add warmth and character, while the living room features a fireplace perfect for cozy Cape Cod evenings. Recent improvements include a brand-new HVAC system and hot water heater. The partially finished basement provides additional flexible space for a family room, home office, or recreation area. The home is in need of some TLC, offering a great opportunity to make it your own. The 3-bedroom Title V septic system has been inspected and passed. Conveniently located near North Truro Center, Coast Guard Beach, Highland Light, and Highland Links Golf Course. A wonderful opportunity for a year-round home, summer getaway, or investment property.
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: 554 sq ft (the lesser of 900 sq ft or half the 1,107 sq ft principal dwelling). Lot size: 29,185 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
Neighborhood
Public Transportation • Shopping • Golf • Medical Facility • Highway Access • House of Worship
Geography
Listing Agent: Team Brown
Listing Office: Thomas D. Brown RE Associates
MLS® Number: 73575435