Active
3 Days on market

$659,000

Investment Analysis — 216 Orleans Rd #D

Chatham, MA 02650

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 2-bedroom in 02650 carries an estimated $2,400/mo in gross rent — about a 2.23% cap rate and $14,713/yr in estimated NOI at the $659,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,000

Style

Condominium

Built

1986

Spacious and sunny condo in North Chatham set on the corner of Stoney Hill Rd. Walk to Cow yard beach and admire the historic homes along the way. Or walk in the opposite direction towards down town Chatham. The location and size of this condo will win your heart. Offered completely furnished with many recent upgrades including new AC, new deck, new windows and roof. This condo is graced with beautiful wood floors and a fireplace with built in book shelves that make this condo feel like a home. There are 2 spacious bedroom and 2 full bathrooms. This condo has a solid rental history making it a smart investment.

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 MLS and other third-party data may be inaccurate or out of date.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$659,000
Annual Taxes$1,415
HOA Fee$480

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
Fireplaces1
FlooringWood
BasementY

Climate & Utilities

HeatingForced Air, Heat Pump
CoolingCentral Air, Heat Pump
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Geography

Listing Provided By

Listing Agent: Kathleen Phelan

Listing Office: Compass

MLS® Number: 73571094