480 Main St #1 Falmouth — Photo 1 of 41
Recent Drop: $106,000
$849,000
Investment Analysis — 480 Main St #1
Falmouth, MA 02540
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 3-bedroom in 02540 carries an estimated $2,600/mo in gross rent — about a 1.20% cap rate and $10,148/yr in estimated NOI at the $849,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,222
Style
Condominium
Built
1870
Steps from the charm of Main Street yet offering the privacy of a standalone home, 480 Main Street Unit 1 is a masterfully restored residence in the heart of Falmouth Village. Designed for those who value architectural integrity and effortless living, this three-level home lives like a private retreat with the ease of condominium ownership. The main level offers open-concept living, hardwood floors, custom millwork, and a timeless kitchen with gas range and island seating. Upstairs are two guest rooms, a full bath, laundry, and a sitting area with access to a private deck. The third-floor primary suite is a true penthouse sanctuary with a spa-like bath and sitting area. A private garage, dedicated parking, and visitor spaces ensure practicality, while shared green space invites summer games, quiet moments, and community connection. Moments from restaurants, the library, and Surf Drive Beach, this is classic summer Americana—elegant, easy, and distinctly Cape Cod.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Property History
$849,000
Was $875,000
Sep 11, 2026
MLS® 73370446
$875,000
Was $910,000
Nov 7, 2025
MLS® 73370446
$910,000
Was $955,000
Oct 14, 2025
MLS® 73370446
$1,050,000
May 6, 2025
MLS® 73370446
Listing Agent: Guthrie Schofield Group
Listing Office: Berkshire Hathaway HomeServices Robert Paul Properties
MLS® Number: 73370446
