
1 Main St Falmouth — Photo 1 of 40
$2,100,000
Investment Analysis — 1 Main St
Falmouth, MA 02540
Based on HUD Small Area Fair Market Rent, a 6-bedroom in 02540 carries an estimated $14,700/mo in gross rent — about a 6.04% cap rate and $126,803/yr in estimated NOI at the $2,100,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
6
SqFt
4,012
Style
Single Family
Built
1892
Set in the heart of downtown Falmouth, this landmark six-bedroom, six-bath antique Colonial offers over 4,000 sq ft in a location that is hard to match. Enjoy direct access to Main Street's shops and restaurants, with Falmouth Village Green, Highfield Hall & Gardens, beaches, the Shining Sea Bikeway, marinas and ferry service nearby. Zoned for both residential and commercial use, the property offers exceptional flexibility in one of Falmouth's most visible locations. Inside, a striking "Good Morning" staircase, hardwood floors, high ceilings, French doors, detailed millwork and oversized windows showcase the home's character. The main level offers generous gathering spaces, fireplace, dining area, kitchen with breakfast area, parlor with bar, office/library/bedroom, full bath and dedicated laundry room. Upstairs are five spacious bedrooms, four with their own full baths. A welcoming front porch, granite walkway and expansive private backyard complement the home. Ample parking and a two-car garage with loft add versatility to this distinctive Main Street property, ideally positioned to enjoy all that Falmouth has to offer! Passing Title V in hand for 8 bedrooms!!
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: 900 sq ft (the lesser of 900 sq ft or half the 4,012 sq ft principal dwelling). Lot size: 16,701 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
Geography
Listing Agent: Pamela Heylin
Listing Office: Berkshire Hathaway HomeServices Robert Paul Properties
MLS® Number: 73571930
