32 West Falmouth Highway, Unit 1-6Falmouth, MA 02540MLS Number 22003293

  • Price: $924,000
  • Est. Mortgage of $/month
  • 30 Days on Market
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$/month over payments
Federal 30-year interest rate: 3.07% last updated on Jul 2, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Under Agreement
32 West Falmouth Falmouth MA 0254032 West Falmouth Falmouth MA 0254032 West Falmouth Falmouth MA 0254032 West Falmouth Falmouth MA 02540
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  • 0.69Acreage
  • 1900Year Built
  • 30056Square Feet
  • 1-6Unit Number
New Seabury Sotheby's International Realty
New Seabury Sotheby's International Realty
Office: 508.477.8300
12 Mallway
Mashpee, MA 02649

The property is being offered at $924,000 which reflects a cap rate of 7.3%. A cash on cash return of greater than 10%, a leveraged return of greater than 19%, and a gross rent multiplier of greater than 10%. The cashflow presents an LTV ratio of 70% and Debt coverage ratio of 1.67%. It has an excellent rental history and is being marketed with gross rents including utilities, because the market segment it appeals to finds it easier to commit to leases at fixed costs. The property has had a recent roof replacement and has great accessibility for tenants being located on both West Falmouth highway and the bike path, with a bench situated along the bike path. This property abuts apx 7.75 acres of Town owned Land. Please inquire for interior photos.

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Driving Directions

Listed by Fox Team of Kinlin Grover Real Estate

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Basic Information

  • Unit Number1-6

Building

  • Year Built1900
  • Year Built DescriptionApproximate
  • FoundationBlock, Poured
  • Basement DescriptionFinished, Full, Walk Out
  • Lead PaintUnknown
  • Sq Ft Source DisplayAssessor

Property

  • Acreage0.69
  • Square Feet30056
  • Flood ZoneNo
  • Lot Size SourceAssessor
  • DockNo
  • RenovatedNo

Water Body

  • WaterfrontNo
  • Water ViewNo
  • Water AccessPublic
  • Beach DescriptionOcean

Other

  • DOM10
  • Special List CondNone
  • Publish to Internet1
  • Title Reference Book28224-103
  • Total Assessments$576,600
  • Improvement Asmt442800

Parking

  • GarageNo

Location

  • Building Number32
  • StreetWest Falmouth
  • Street SuffixHighway
  • TownFalmouth
  • StateMA
  • Zip02540
  • CountyBarnstable
  • Street Direction
  • VillageFalmouth
  • Directions to PropertyHeading north on Palmer ave from the Instersection of Jones Rd, continuing onto West Falmouth Highway, the property will be on the Left #32.
  • School DistrictFalmouth

Utilities

  • Heat SystemForced Hot Water
  • CoolingNone
  • Hot Water Water HeatTank
  • Fuel TypeNatural Gas

Photos

  • Last Picture Change Date2020-06-04T20:46:26
  • Number of Photos4

Basic Information

  • Property TypeB
  • Property Subtype 1 DisplayMulti-Family
  • List Price$924,000
  • Original Price$924,000
  • Date Listed06/04/2020
  • Modification Date06/14/2020
  • Listing Agent Emailfoxteam@kinlingrover.com
  • MLS Number22003293
  • MLS StatusContingent - No Showings

Exterior

  • Exterior FeaturesDeck, Garden, Yard
  • Siding DescriptionShingle
  • Roof DescriptionAsphalt, Shingle

Amenities

  • PoolNo
  • Landlord PaysElectricity, Gas, Heat, Hot Water, Rubbish Removal, Sewer, Snow Removal, Water, Yard Maintenance

broker reciprocity The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Summary or thumbnail real estate listings held by brokerage firms other than New Seabury Sotheby's International Realty are marked with the BR Logo and detailed information about them includes the name of the listing broker. Neither the listing broker nor New Seabury Sotheby's International Realty shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless.

This site was last updated July 3, 2020. All properties are subject to prior sale, changes, or withdrawal.

New Seabury Sotheby's International Realty has chosen to display only certain towns and/or types or styles of properties. This site may not show all listings that are available through the Cape Cod & Islands Multiple Listing Service, Inc.

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