137 Shane Drive
Chatham, MA · $1,495,000
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📊 STR projections🏖️ Beach distances🌊 Flood-zone risk📄 Investment dossier💰 Cash-flow analysis

137 Shane Drive

Chatham, MA 02633
$1,495,000
13 days on market · Listed Mar 26, 2026
Data refreshed Apr 8, 2026
🌊 Not in FEMA SFHA
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Type
SF
Beds
3
Baths
2
Sq Ft
1,530
Acres
0.25
Year Built
1962
$ / Sq Ft
$977
Days on Market
13

Investment Snapshot

🟢 LOW RISK
Monthly Carrying
$7,990
Cash Flow / yr
$-34,036
Cash-on-Cash
-8.1%
Cash Required
$418,600
Projected Revenue / yr
$87,209
Avg Daily Rate
$442
Occupancy
54%
STR Range (P50)
$64,835
🟢 LOW RISK — Registration required with town clerk. No current caps.
STR revenue range: $43,914$88,161

Location & Nearby

Map of 137 Shane Drive, Chatham MA with nearby beaches and points of interest
HThis property
  • A
    🍽️ Chatham Sunrise
    0.37 mi
  • B
    🍽️ Elwood's Raw Bars
    0.50 mi
  • C
    🍽️ Cape Cod Coffee @ Chatham Perk
    0.50 mi
  • D
    🍽️ Branches Grill and Cafe
    0.55 mi
  • E
    Chatham Fish Pier / Municipal Marina
    0.69 mi
  • F
    🚤 Chatham Fish Pier Boat Ramp
    0.70 mi
  • G
    🛝 Wilfrid Cross Playground (Chatham)
    0.70 mi
  • H
    🍽️ Chatham Fish & Chips
    0.72 mi

About this property

Perfectly positioned on a corner lot in a quiet neighborhood, this beautifully maintained home offers peaceful living just moments from everything Chatham has to offer. Less than a mile from downtown, it provides easy access to shops, restaurants, beaches, and landmarks including the Fish Pier, Veterans Field, Seaside Links, and Chatham Bars Inn. Offering two levels with 2,448 sqft (1,530 sqft finished), updates include a new roof, central A/C, outdoor shower, renovated primary bath, and updated appliances. The main level features a bright living room with fireplace and bay window, an updated kitchen with breakfast bar, and a dining area ideal for entertaining. A primary suite, two guest bedrooms, and a full bath complete the level. The lower level adds a second living area, bonus bunk room, garage, laundry, and storage. Outside, enjoy a lush lawn, patio, new outdoor shower, and new walkway. With a strong 15+ year rental history, it's ideal as a residence, retreat, or investment.

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📋 Chatham Short-Term Rental Rules
Registration, taxes, occupancy caps, and enforcement for STRs in Chatham
Listed by Tom Riley, Compass