850 Falmouth Rd, Barnstable, MA 02601

Local realty services provided by:ERA Millennium Real Estate
#1#2#3
850 Falmouth Rd,Barnstable, MA 02601
$22,950,000
  • 95 Beds
  • 93 Baths
  • 50,621 sq. ft.
  • Multi-family
  • Active
Listed by:nicholaus jasinski
Office:matthews real estate investment services, inc.
MLS#:73394144
Source:MLSPIN

Price summary

  • Price:$22,950,000
  • Price per sq. ft.:$453.37

About this home

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.

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Home facts

  • Year built:2023
  • Listing Id #:73394144
  • Updated:August 14, 2025 at 10:28 AM

Rooms and interior

  • Bedrooms:95
  • Total bathrooms:93
  • Full bathrooms:93
  • Living area:50,621 sq. ft.

Structure and exterior

  • Roof:Rubber
  • Year built:2023
  • Building area:50,621 sq. ft.
  • Lot area:2.98 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$22,950,000
  • Price per sq. ft.:$453.37
  • Tax amount:$27,392 (2024)
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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