About 850 Falmouth Rd
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.
Features of 850 Falmouth Rd
| MLS® # | 73394144 |
|---|---|
| Price | $22,950,000 |
| Bedrooms | 95 |
| Bathrooms | 93.00 |
| Full Baths | 93 |
| Square Footage | 50,621 |
| Acres | 2.98 |
| Year Built | 2023 |
| Type | Residential Income |
| Sub-Type | 5+ Family - 5+ Units Up/Down |
| Status | Active |
Community Information
| Address | 850 Falmouth Rd |
|---|---|
| City | Barnstable |
| County | Barnstable |
| State | MA |
| Zip Code | 02601 |
Amenities
| Parking Spaces | 87 |
|---|---|
| Parking | Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 3 |
| Stories | 3 |
Additional Information
| Zoning | RC-1 |
|---|
Listing Details
| Agent | Nicholaus Jasinski |
|---|---|
| Office | Matthews Real Estate Investment Services, Inc. |