
365 Chequessett Neck Rd Wellfleet — Photo 1 of 35
$1,400,000
Investment Analysis — 365 Chequessett Neck 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 1.36% cap rate and $19,019/yr in estimated NOI at the $1,400,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
2,360
Style
Single Family
Built
1973
Set in the desirable Chequessett Neck neighborhood on Wellfleet's bayside, this distinctive property offers a flexible layout just a short walk from Powers Landing and Mayo Beach, with Chequessett Yacht & Country Club nearby and easy access to Wellfleet Center. Previously featured in "Surf Shacks," the home has a relaxed, creative spirit. Enter into a spacious, open kitchen that flows to a welcoming family room, where exposed beams, skylights and a wood-burning stove add warmth and character. Three bedrooms are located just down the hall. On the opposite side of the home, a light-filled living room makes a statement with a dramatic glass garage-style door creating an airy connection to the outdoors, while a sleeping loft above adds another distinctive element. Additional flexible spaces on the lower level offer room to spread out. Two decks extend the living space outdoors. A detached artist studio/office, inspired by Wellfleet's modernist Lechay Studio, provides a unique setting for creative pursuits or working from home. A spacious backyard with room for gardening, a fire pit and outdoor shower completes this one-of-a-kind Wellfleet retreat.Private Remarks: Property has historically been used and marketed as a 5-bedroom home. Wellfleet Assessor's records reflects 3 bedrooms. Septic system has a 5-bedroom capacity. One lower-level sleeping room does not have a permanent heat source. Buyer/Buyer Agent to perform due diligence regarding all property information, uses, permits and approvals.
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 2,360 sq ft principal dwelling). Lot size: 27,443 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
Electric Water Heater
Geography
Listing Agent: Emily Letendre
Listing Office: Vogt Realty Group, LLC
MLS® Number: 73573075
