255 Old Main Road, Unit 1b
Falmouth, MA · $1,130,000
Zillow ↗
📊 STR projections🏖️ Beach distances🌊 Flood-zone risk📄 Investment dossier💰 Cash-flow analysis

255 Old Main Road, Unit 1b

Falmouth, MA 02556
$1,130,000
6 days on market · PND → PCG on Apr 7, 2026
Data refreshed Apr 8, 2026
🌊 Not in FEMA SFHA
View on Zillow ↗
Type
Condo
Beds
3
Baths
3.5
Sq Ft
2,471
Year Built
2024
$ / Sq Ft
$457
Days on Market
6

Investment Snapshot

🟡 MEDIUM RISK
Monthly Carrying
$6,201
Cash Flow / yr
$-54,532
Cash-on-Cash
-17.24%
Cash Required
$316,400
Projected Revenue / yr
$28,600
Avg Daily Rate
$498
Occupancy
51%
STR Range (P50)
🟡 MEDIUM RISK — Registration required with annual renewal.

Location & Nearby

Map of 255 Old Main Road, Unit 1b, Falmouth MA with nearby beaches and points of interest
HThis property
  • A
    🚴 Shining Sea Bikeway - North Falmouth
    0.39 mi
  • B
    🌲 Flax Pond Bog
    0.51 mi
  • C
    🏖️ Megansett Beach
    0.78 mi
  • D
    Megansett Yacht Club
    0.88 mi
  • E
    The Cape Club
    0.90 mi
  • F
    🌲 Moraine Trail
    1.22 mi
  • G
    🌲 Florence Sylvia Woodland
    1.23 mi
  • H
    Fiddler's Cove Marina
    1.24 mi

About this property

This new community of four beautifully crafted townhomes is ideal for those eager to embrace the vibrant Megansett lifestyle. The first two units have sold and two more are available and ready for immediate occupancy. The low monthly HOA fee of $375 covers landscaping, plowing, trash pickup, exterior maintenance, master insurance, and common area located in the back, behind the condos. Located approximately 0.5 miles to Megansett Beach and 0.3 miles to the Shining Sea Bike Path, with local shops and restaurants nearby. The chef's kitchen features luxurious Bertazzoni appliances and a large quartz island with bar seating. The interior highlights include white oak hardwood flooring, intricate moldings, 9-ft ceilings, and shiplap accents throughout. Each condo features a finished lower level with high ceilings and a full bath--a perfect spot for an entertainment room, home gym, or a guest room. There is personal outdoor space and a one-car garage with each home. Can be purchased turnkey!

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📋 Falmouth Short-Term Rental Rules
Registration, taxes, occupancy caps, and enforcement for STRs in Falmouth
Listed by Bartolomei and Souza Team, Sotheby's International Realty