
221 Beaver Dam Rd Plymouth — Photo 1 of 40
$615,000
Investment Analysis — 221 Beaver Dam Rd
Plymouth, MA 02360 — Manomet
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a home in 02360 carries an estimated $2,050/mo in gross rent — about a 2.49% cap rate and $15,331/yr in estimated NOI at the $615,000 list price. Adjust every assumption in the calculator below.
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APPROVED & RECORDED VOSD SPECIAL PERMIT | 1–5 CONDOMINIUM HOMES | An exceptional opportunity for a builder/developer to acquire an approved and recorded **Village Open Space Development (VOSD) Special Permit** to build **five free-standing single-family condominium homes on one lot**. The property has been in the Broker/Owner's family since 1964 and is tucked away in a peaceful, private wooded setting off Beaver Dam Road in the desirable Manomet section of Plymouth, MA.The approved VOSD provides the flexibility to construct **one, two, three, four, or five homes**, as long as the total number of bedrooms does not exceed **12 bedrooms**. This unique flexibility offers a builder/developer the opportunity to determine the most suitable build-out for the market—or create a private **family compound** for multiple generations.The site has been flagged, staked, and rough cleared, as shown in the photographs, providing a clearer understanding of the approved development area and it’s natural setting. As part of the approved VOSD, the builder/developer is responsible for constructing **Shaker Circle, a private drive serving the development**.This is a rare opportunity to acquire a property with the **VOSD Special Permit already approved and recorded**, offering a significant head start for the builder/developer who recognizes the value of an approved development plan and the flexibility to build from one to five condominium residences.Ideally situated near **The Pinehills** and surrounded by the natural beauty of Plymouth, the property is conveniently located near multiple golf courses, **The Market, Post Office, Village Racquet & Fitness Club, restaurants, Mirbeau Inn & Spa**, and other area amenities. Approximately **2 miles from the white sands and crystal-clear waters of White Horse Beach**, with easy access to Route 3 and all that Plymouth has to offer.Whether you are a builder/developer seeking an approved residential development opportunity or a buyer envisioning a private family compound, **The Residences at Serenity Hill on Shaker Circle** offers flexibility, privacy, and the opportunity to create something truly special.**SHOWINGS BY APPOINTMENT ONLY WITH 24 HOURS' NOTICE.** Please do not enter the property without a scheduled appointment. The property includes wooded and partially cleared rough terrain. Potential buyers must dress appropriately for walking the site and enter the property at their own risk.
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
Neighborhood
Shopping • Tennis Court(s) • Walk/Jog Trails • Stable(s) • Golf • Medical Facility
Geography
Property History
$615,000
Was $589,900
Jul 14, 2026
MLS® 73504656
$589,900
Apr 21, 2026
MLS® 73504656
$569,500
Nov 8, 2024
MLS® 73212520
$569,500
Mar 14, 2024
MLS® 73212520
Listing Agent: Colleen Brennan Russo
Listing Office: Marina Bay Properties, LLC
MLS® Number: 73504656
