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850 Falmouth Rd

Barnstable, MA 02601

95 beds
93 baths
50,621 sqft
~3 acre lot
$453 per sqft
2023 build
– on site

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.

Listing courtesy of MLSPIN / Nicholaus Jasinski / Matthews Real Estate Investment Services, Inc.

Last checked: Checking… • Last updated Jun 20, 2025 •

MLS# 73394144 —

The Building

Year Built:

2023
Year Built Details:

Approximate
Year Built Source:

Public Records
Construction Materials:

Frame
# of Units Total:

53
Roof:

Rubber
Foundation Details:

Concrete Perimeter
Levels:

3
Stories:

3
Stories Total:

3
Exterior Features:

Balcony
Patio And Porch Features:

Deck - Composite
Building Area Total:

50621
Building Area Units:

Square Feet
Building Area Source:

Other

Interior

Rooms Total:

95
Flooring:

Laminate
Fireplace:

false

Room Dimensions

Living Area:

50621
Living Area Source:

Other

Location

Directions:

Route 28
Longitude:

-70.318759
Latitude:

41.661005

The Property

Property Type:

Residential Income
Property Subtype:

5+ Family - 5+ Units Up/Down
Parcel Number:

2215630
Zoning:

RC-1
Lot Size Units:

Acres
Lot Features:

Other
Lot Size Area:

2.98
Lot Size SqFt:

129808
Lot Size Acres:

2.98
Waterfront:

false
Farm Land Area Units:

Square Feet

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

99
Tax Annual Amount:

27392
Tax Assessed Value:

22922000

Beds

Bedrooms Total:

95

Baths

Total Baths:

93
Total Baths:

93
Full Baths:

93

The Listing

Home Warranty:

false

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Spa:

false
Senior Community:

false

Parking

Parking Features:

Off Street
Parking Total:

87
Garage:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/19/25 Jun 19, 2025	Listed / Active	MLSPIN	$22,950,000	1812.5% (366.0% / YR)
7/7/20 Jul 7, 2020		CCI	$1,200,000

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This multifamily located in Mid Cape, Barnstable, MA 02601 is currently for sale for $22,950,000. 850 Falmouth Rd is a 50,621 square foot multifamily with 95 beds and 93 baths that has been on Estately for 1 days. 850 Falmouth Rd is in the Mid Cape neighborhood of Barnstable and has a WalkScore® of 34, making it car-dependent.

Listing Courtesy of: MLSPIN and Matthews Real Estate Investment Services, Inc..

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) 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 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.