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505 Palmer Avenue, Falmouth MA 02540

$1,430,000

Estimated $2,681/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $715,000

Total Rent: 0/year

Estimated CAP Rate:

6 Bedrooms

Baths

3346

Total Parking: 8

28,618 (0.65)

Multi Use Complex with a fantastic in-town location, only a short distance to Main Street and Beaches. Hop on the Shining Sea Bikeway, head down to Woods Hole and take the ferry to Martha's Vineyard! With all new interior fixtures these units have the new construction vibe. All new septic systems for both units. Units were recently renovated in Spring of 2022. Unit A offers 3 bedrooms and 2 baths. Unit B offers 3, possibly 4 bedrooms with 3 baths and could be made into a separate office or temporary stay unit. Additional living space is in the lower level of both units with built-in shelving, large screen tv and new laundry appliances. Easy living amenities include gas cooking and heating, air conditioning, plenty of private parking and beautiful outdoor living space with blue stone patio and shed, set on private lot.

This home has been viewed 49 times

Last Checked: May 7th, 2024 at 12:21am (Source: MLS PIN #73063496)

Gross Income: $0

Gross Expenses: $4,351

Net Income Calc: $4,351

Water Views

Annual Expenses for 505 Palmer Avenue, Falmouth MA 02540

Total Gross Expenses (Calculated)$4,351/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4351

Annual Income & Unit Breakdown for 505 Palmer Avenue, Falmouth MA 02540

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor0

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor0

Levels in Unit2

Rent Includes

General Information for 505 Palmer Avenue, Falmouth MA 02540

Listing ID73063496

Property TypeMulti Family / 2 Family

Price1430000 ($427.38/SqFt)

Style2 Family - 2 Units Side By Side

CityFalmouth

CountyBarnstable

Neighborhood(s)

Approximate Living Area Total3346

Approximate Lot Size (Acres)0.65

Total Parking8

Garage Parking0

Year Built1989

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerInspection Required For Sale

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningGR

Water ViewsNo

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 505 Palmer Avenue, Falmouth MA 02540

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Personal Property.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Compensation Based OnNet Sale Price

Financial Information for 505 Palmer Avenue, Falmouth MA 02540

Real Estate Taxes4351

Tax Year2022

Assessed Value$540,600

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 505 Palmer Avenue, Falmouth MA 02540

Elementary SchoolMullen

Middle SchoolMorse Pond/Lawr

High SchoolFhs

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 505 Palmer Avenue, Falmouth MA 02540

Agent

Name: Josette Adams

Office

Name: Kinlin Grover Compass

Phone: 508-563-7173

Payment Calculator

, Interest

Property Taxes 362.58

Principal & Interest 8811.21

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Kinlin Grover Compass

Josette Adams

Agent Phone

Office Phone

(508) 563-7173

Text Agent Call Agent Call Office

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    [unparsed] => 505 Palmer Avenue, Falmouth MA 02540
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EXIT

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