20 Cormorant Road Truro — Photo 1 of 33
$3,250,000
Investment Analysis — 20 Cormorant Road
Truro, MA 02666
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 5-bedroom in 02666 carries an estimated $2,980/mo in gross rent — about a 0.47% cap rate and $15,253/yr in estimated NOI at the $3,250,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3.5
SqFt
2,618
Style
Single Family
Built
1992
Set in the coveted Shearwater Association of North Truro, this exceptional five-bedroom contemporary residence was thoughtfully designed by renowned architect Geiger-Phillips and offers sweeping Cape Cod Bay views and private association beach access. Inside, the light-filled, open concept main living area features vaulted ceilings, a wood burning fireplace and large glass sliders framing the impressive views. The primary suite is privately situated in its own wing and features an ensuite bath and additional views. Two additional bedrooms and a full bath are located off the main living area, while the lower level offers two more bedrooms and a full bath. A bonus room provides flexible space for a home office or creative studio. Outside, the property truly shines. The deck leads to the large pool and hot tub to create an inviting outdoor setting for summer entertaining and relaxed Cape Cod living. This property is a special opportunity to embrace the natural beauty of the Outer Cape in a spectacular setting.
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 2,618 sq ft principal dwelling). Lot size: 72,745 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
Water Heater
Geography
Listing Agent: The Rose Kennedy Team
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73567790
