32 Highland Road Truro — Photo 1 of 42
$789,000
Investment Analysis — 32 Highland Road
Truro, MA 02666
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 3-bedroom in 02666 carries an estimated $2,600/mo in gross rent — about a 2.42% cap rate and $19,125/yr in estimated NOI at the $789,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,013
Style
Single Family
Built
1958
Set on 1.44 acres in beautiful Truro, this 3 bedroom, 1.5-bath single-family home offers a rare combination of privacy, convenience, and opportunity. All living space is thoughtfully arranged on one floor, while a full basement provides abundant storage and potential for additional use. The property has been thoughtfully updated with a whole-house generator, updated plumbing, 200-amp electrical service, and propane heat and hot water, providing a solid foundation for your future plans. But the real opportunity is the land. Reimagine the existing home, expand upward with a second floor, or explore the possibility of creating an entirely new home in another location on the property. With 1.44 acres, there is room to envision something truly special while taking advantage of Truro's natural beauty and sought-after location. Less than a mile to Cold Storage Beach and just over a mile to Highland Beach, you'll be close to some of the Outer Cape's most beautiful beaches. Highland Links Golf Course and the Payomet Center for the Performing Arts are nearby, and Provincetown is just a short drive away. Whether you choose to renovate, expand, or create something new, this property offers the space and flexibility to make your Cape Cod vision a reality.
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: 507 sq ft (the lesser of 900 sq ft or half the 1,013 sq ft principal dwelling). Lot size: 62,726 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
Neighborhood
Walk/Jog Trails • Golf • Bike Path • Highway Access
Geography
Listing Agent: Gabby Hanna
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73571624
