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1 Main St Falmouth — Photo 1 of 40

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.

View Standard Listing

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

Original Price$2,100,000
Annual Taxes$7,261

Parking

Garage2
Off-Street10

Interior Specifications

Total Rooms10
Fireplaces1
Flooring--
BasementFull, Interior Entry, Bulkhead, Unfinished

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPrivate Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
ZoningGR

Property & Lot

Acres0.38
SqFt Lot16,701
Lot FeaturesCorner Lot, Level

Geography

Listing Provided By

Listing Agent: Pamela Heylin

Listing Office: Berkshire Hathaway HomeServices Robert Paul Properties

MLS® Number: 73571930