215 Cove View Rd Wellfleet — Photo 1 of 41
Recent Drop: $24,900
$925,000
Investment Analysis — 215 Cove View Rd
Wellfleet, MA 02667
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 5-bedroom in 02667 carries an estimated $2,980/mo in gross rent — about a 2.29% cap rate and $21,198/yr in estimated NOI at the $925,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
2,285
Style
Single Family
Built
1973
Embrace the Cape Cod lifestyle in this spacious 5-bedroom, 3-bath Wellfleet home, ideally located in the sought-after Indian Neck neighborhood near Cape Cod Bay. Set on a private wooded lot, the property is just 0.4 miles from the Cove, 0.9 miles from Baker Beach, and 1.5 miles from Indian Neck Beach, with easy access to Wellfleet's Atlantic Ocean beaches. The open-concept layout offers plenty of room for family and friends, with two distinct living areas providing flexibility for gathering, entertaining, or relaxing. The kitchen and dining area flow naturally to a large deck for easy indoor-outdoor living. Mini-splits provide cooling on both the upper and lower levels. A private wooded yard and quintessential Cape Cod outdoor shower complete the setting. Convenient to Wellfleet's beaches, galleries, restaurants, and village center, this inviting property offers the space, location, and versatility to enjoy as a year-round residence, Wellfleet vacation home, or Cape Cod summer retreat.
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 2,285 sq ft principal dwelling). Lot size: 18,295 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Tankless Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer • Water Softener
Neighborhood
Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstSkylight, Vaulted Ceiling(s), Closet, Flooring - Wood, Window(s) - Picture
Dining Room
Lvl FirstKitchen
Lvl Main,FirstFlooring - Wood, Dining Area, Deck - Exterior, Exterior Access, Lighting - Overhead
Family Room
Lvl BasementFlooring - Stone/Ceramic Tile, Recessed Lighting
Master Bedroom
Lvl FirstBathroom - 3/4, Ceiling Fan(s), Closet, Flooring - Wood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCeiling Fan(s), Closet, Flooring - Wood
Bedroom 4
Lvl BasementCloset, Flooring - Stone/Ceramic Tile
Bedroom 5
Lvl BasementCloset, Flooring - Stone/Ceramic Tile
Property History
$925,000
Was $949,900
Aug 31, 2026
MLS® 73559612
$949,900
Aug 10, 2026
MLS® 73559612
Listing Agent: The Jorie Fleming Group
Listing Office: Compass
MLS® Number: 73559612
