$22,950,000

850 Falmouth Rd Barnstable, MA 02601

95 beds
93 full
50,621 sqft
3.0 acres
$453 / sqft
Multi-Family

Property details

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.

Highlights

Home typeMulti Family
StatusActive
Size50,621 sqft
Lot size2.98 Acres
Year built2023
ParkingOff Street
MLS #73394144

Summary

  • Full Bathrooms: 93
  • Flooring Type: Laminate
  • Total Bedroom Count: 95
  • Parking: Off Street
  • Exterior: Balcony
  • List Price: $22,950,000
  • Price/SqFt: $453
  • Lot: Other
  • Directions: Route 28
  • Year Built: 2023
  • Stories: 3
  • Living Area: 50,621 SqFt
  • Lot Size: 2.98 Acres
  • MLS Number: 73394144
  • MLS Name: MLS Property Information Network
  • Office Name: Matthews Real Estate Investment Services, Inc.
  • Office Phone: (866) 889-0550
  • Listing Agent: Nicholaus Jasinski

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/27/2025, 1:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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850 Falmouth Rd, Barnstable, MA 02601 - view of property

$22,950,000

850 Falmouth Rd

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Price information

Property sales

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Tax history

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Nearby schools

2

Hyannis West Elementary School

Public District KG-3

0.8 mi

549 W Main St

4

Barnstable Community Innovation School

Public District KG-3

1.4 mi

165 Bearses Way

6

Centerville Elementary School

Public District KG-3

2.0 mi

658 Bay Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $72,049. Residents of Barnstable, MA typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

22%
<35k
46%
35k-100k
24%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

49%
Single, No Kids
10%
Single, with Kids
28%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
6%
12-17 yrs old
18%
18-34 yrs old
39%
35-64 yrs old
26%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Bonefish GrillBonefish Grill
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • MazdaMazda
  • LincolnLincoln
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • ClassicalClassical
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Frequently asked questions

About 850 Falmouth Rd

The listing price of 850 Falmouth Rd property is $22,950,000.

The property 850 Falmouth Rd is a multi located in Barnstable, Massachusetts, 02601.

Active Listing: 850 Falmouth Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 850 Falmouth Rd are: Hyannis West Elementary School (GreatSchools Rating 2/10), Barnstable Community Innovation School (GreatSchools Rating 4/10), Centerville Elementary School (GreatSchools Rating 6/10), Barnstable Intermediate School (GreatSchools Rating 5/10), Mattacheese Middle School (GreatSchools Rating 4/10), Bourne Middle School (GreatSchools Rating 4/10), Barnstable High School (GreatSchools Rating 4/10), Sturgis Charter Public School (GreatSchools Rating 9/10), Dennis Yarmouth Regional High School (GreatSchools Rating 4/10).

The property 850 Falmouth Rd is 50,621 SqFt (source: MLS/tax record).

The year of construction for 850 Falmouth Rd is 2023.

This home is located at 850 Falmouth Rd in Barnstable, MA and zip code 02601. This 50,621 square foot home, which was built in 2023, sits on a 2.98 acre lot. Features: 95 bedrooms, 93 bathrooms. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $22,950,000.

In May 2025, from all listings sold in Barnstable, MA there were more than 35 sold above asking price, over 48 sold below and more than 11 were sold right at the asked price. Between April and May 2025, Barnstable, MA real estate market has seen increase in the number of listings by 16.3%. In May 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $695,000.

From Rocket Homes Real Estate and based on county public records data.

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