480 Main St #15 Falmouth — Photo 1 of 33
Recent Drop: $74,100
$674,900
Investment Analysis — 480 Main St #15
Falmouth, MA 02540 — Falmouth (village)
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 2-bedroom in 02540 carries an estimated $2,120/mo in gross rent — about a 0.94% cap rate and $6,339/yr in estimated NOI at the $674,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
1,440
Style
Condominium
Built
2009
MOTIVATED SELLERS!!! Due to close on their new home 10/30! Experience the best of downtown Falmouth from this immaculate, turnkey condominium at 480 Main Street, Unit 15. Built in 2009, this beautifully maintained residence offers approximately 1,440 square feet of thoughtfully designed living space across two levels, beginning on the first floor. The inviting floor plan features two spacious bedrooms, two full bathrooms, and a convenient half bath, providing the perfect balance of comfort and functionality. Bright, well-appointed living spaces and quality finishes create a warm, move-in-ready home ideal for year-round living or a Cape Cod getaway. Overlooking picturesque Nye's Pond, this exceptional home offers a peaceful setting while being just moments from Main Street's shops, restaurants, cafés, Surf Drive Beach, Falmouth Harbor, the Shining Sea Bikeway, and the Island Queen ferry. An exceptional opportunity to own in one of Falmouth's most desirable downtown locations.
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 MLS and other third-party data may be inaccurate or out of date.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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Interior Specifications
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Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path • Conservation Area
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Property History
$674,900
Was $699,000
Sep 10, 2026
MLS® 73546092
$699,000
Was $739,000
Aug 25, 2026
MLS® 73546092
$739,000
Was $749,000
Aug 11, 2026
MLS® 73546092
$749,000
Jul 9, 2026
MLS® 73546092
Listing Agent: Jacqueline Weaver
Listing Office: Coastal Homes Realty Group, LLC
MLS® Number: 73546092
