MA > Barnstable
Barnstable, MA 02601,850 Falmouth Rd
Barnstable, MA 02601,850 Falmouth Rd
Barnstable, MA 02601,850 Falmouth Rd
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$22,950,000
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95 Beds
93 Baths
50,621 SqFt
New

850 Falmouth Rd Barnstable, MA 02601

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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

UPDATED:

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.

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agent
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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agent
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Coury Team Homes - KW ELITE, 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.

YOUR LOCAL REAL ESTATE EXPERTS

Tricia Coury

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Tricia Coury

Executive Real Estate Specialist - Team Leader

+1(508) 838-6956

tricia@triciacoury.com

Eric Coury

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Eric Coury

Realtor - Team Manager

+1(508) 838-6956

eric@thecouryteam.com

Scott Garcia

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Scott Garcia

Home Buyer Specialist

+1(508) 821-8160

scott@thecouryteam.com

Nathaly Castillo

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Nathaly Castillo

Transaction Coordinator

+1(727) 203-5117

office@thecouryteam.com

http://www.thecouryteam.com/

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I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Coury Team Homes - KW ELITE, 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.