409 Main St Chatham — Photo 1 of 42
$2,100,000
Investment Analysis — 409 Main St
Chatham, MA 02633
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 1-bedroom in 02633 carries an estimated $1,830/mo in gross rent — about a 0.53% cap rate and $11,224/yr in estimated NOI at the $2,100,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1.5
SqFt
1,479
Style
Single Family
Built
1900
Location! 409 Main Street in the heart of downtown Chatham Village offers a rare and highly desirable combination: a mixed use building with first floor commercial space with showcase windows, maximum retail exposure and heavy foot traffic along with a fully renovated spacious separate second floor of residential living. There are 5 private in-town parking spaces behind the building and is located in the coveted GB-1 zoning district that has the most versatile business-use options available. The first floor commercial space features an open floor plan with 3 large areas and 4 oversized showcase windows putting your business directly in front of passing pedestrian traffic. The second floor apartment was fully renovated in 2019 and includes one bedroom, a full bath and laundry, and an open concept kitchen and a living area with vaulted ceilings. A large mahogany deck provides excellent outdoor living space. Both floors are independent of one another with separate A/C and heat.
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: 740 sq ft (the lesser of 900 sq ft or half the 1,479 sq ft principal dwelling).
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
Geography
Property History
$2,100,000
Jun 12, 2026
MLS® 73535300
$1,995,000
Jan 21, 2026
MLS® 73275929
$1,995,000
Dec 31, 2025
MLS® 73275888
$1,995,000
Aug 9, 2024
MLS® 73275888
$1,995,000
Aug 9, 2024
MLS® 73275929
Listing Agent: Rick Smith
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73535300