Save
Ask
Tour
Hide
Share
$22,950,000
New Listing

850 Falmouth Rd
Barnstable, MA 02601

For Sale|Multi Family|Active
95
Beds
93
Total Baths
93
Full Baths
50,621
SqFt
$453
/SqFt
2023
Built
County:
Barnstable
Call Now: 401-323-8292
Is this the listing for you? We can help make it yours.
401-323-8292
850 Falmouth Rd850 Falmouth Rd850 Falmouth Rd850 Falmouth Rd
Save
Ask
Tour
Hide
Share

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$22,950,000
Days On Site 
0 Days
Bedrooms 
95
Inside Area (SqFt) 
50,621 sqft
Total Baths 
93
Full Baths 
93
Partial Baths 
N/A
Lot Size 
2.98 Acres
Year Built 
2023
MLS® Number 
73394144
Status 
Active
Property Tax 
$27,392
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
10 hours agoListing updated with changes from the MLS®
10 hours agoListing first seen on site
General Features
Acres 
2.98
Foundation 
Concrete Perimeter
Number Of Stories 
3
Parking 
Off Street
Parking Spaces 
87
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
50621
SqFt Total 
50621
Water Source 
Public
Zoning 
RC-1
Interior Features
Appliances 
Electric Water Heater
Flooring 
Laminate
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Frame
Exterior 
Balcony
Lot Features 
Other
Roof 
Rubber
Listing courtesy of Nicholaus Jasinski of Matthews Real Estate Investment Services, Inc.



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, landlords, 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, leasing or renting 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, leasing or renting. 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.

Last checked 2025-06-20 09:47 AM UTC

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share