MA > Barnstable
Barnstable, MA 02601,850 Falmouth Rd
Barnstable, MA 02601,850 Falmouth Rd
Barnstable, MA 02601,850 Falmouth Rd
Barnstable, MA 02601,850 Falmouth Rd
Barnstable, MA 02601,850 Falmouth Rd
Barnstable, MA 02601,850 Falmouth Rd
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
20
Jun
Sat
21
Jun
Sun
22
Jun
David Shorey

David Shorey

+1(781) 962-4028
$ 22,950,000
Est. payment | /mo

95 Beds

93 Baths

50,621 SqFt

Save
$ 22,950,000
Est. payment | /mo
Save

95 Beds

93 Baths

50,621 SqFt

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 50,621 sqft

Price per Sqft $453

MLS Listing ID 73394144

Bedrooms 95

Full Baths 93

Year Built 2023

Annual Tax Amount $27,392

Tax Year 2024

Lot Size 2.980 Acres

Acres 2.98

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

The Residence at 850 offers investors a rare chance to acquire a newly constructed, fully stabilized Class A multifamily asset in the heart of Cape Cod. Completed in 2023, the luxury rental community features 44 two-bedroom and 9 one-bedroom units and has been operating through nearly two full years of stabilization. The property has matured into a high-performing, cash-flowing investment in one of Massachusetts' most supply-constrained, high-demand rental markets. Future upside remains in aligning rents with market levels and enhancing management efficiencies. Located along Massachusetts Route 28 in Hyannis—Barnstable County's largest and most dynamic village—the property benefits from regional connectivity, proximity to the Cape Cod Gateway Airport, commercial corridors, and new development. As Hyannis continues to revitalize, driven by public-private investments and a growing local economy, this asset is positioned to capitalize on long-term rental demand and rising housing costs.

Location

State MA

County Barnstable

Zoning RC-1

Direction Route 28

Interior

Flooring Laminate

Exterior

Exterior Feature Balcony

Roof Type Rubber

Total Parking Spaces 87

Garage No

Building

Lot Description Other

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Matthews Real Estate Investment Services, Inc.
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(781) 962-4028

shoreyrealestate@gmail.com

90 Canal St, Boston, MA, United States

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of David Shorey, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

850 Falmouth Rd