531 Old King's Highway Wellfleet — Photo 1 of 7
$499,900
Investment Analysis — 531 Old King's Highway
Wellfleet, MA 02667
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 1-bedroom in 02667 carries an estimated $1,610/mo in gross rent — about a 2.22% cap rate and $11,118/yr in estimated NOI at the $499,900 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
859
Style
Single Family
Built
1976
Rare opportunity to acquire a commercially zoned property in the heart of Wellfleet. Located at 531 Old King's Highway, this property is situated within the Town's desirable Commercial 2 (C-2) Zoning District, offering flexibility for a variety of commercial, business, service, tourism, and mixed-use opportunities. The district is designed to encourage economic activity while supporting Wellfleet's unique character, making it an ideal location for entrepreneurs, investors, and developers. Potential uses may include retail, professional offices, restaurants, galleries, artisan studios, hospitality-related ventures, and mixed-use concepts, subject to local approvals. Conveniently located near Route 6, downtown Wellfleet, the Cape Cod National Seashore, and some of the Cape's most popular beaches and attractions, the property benefits from strong seasonal tourism and year-round visibility. Opportunities within Wellfleet's Commercial 2 District are limited, call today!
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: 430 sq ft (the lesser of 900 sq ft or half the 859 sq ft principal dwelling). Lot size: 36,590 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
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Listing Agent: Peter Vaillancourt
Listing Office: Keller Williams Realty Boston Northwest
MLS® Number: 73535135
