Turnkey Rental Investment
156 Teaticket Highway Falmouth, MA 02540
COMMERCIAL - Falmouth, MA
Property size:
5,760 SFLot size:
0.32 AcresPrice / SF:
$399/SF- Added:
- Nov 3, 2025
- Days on Market:
- 249
- Last Refresh:
- Jul 10 at 6:06 pm
Property Features for 156 Teaticket Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Basement
- Finished
- Appliances
- Tankless Water Heater
- Standard status
- Active
- APN
- FALM 39 S:23 P:011 L:000
- Size
- 5,760 SF
- Lot size
- 0.32 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9515
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2003
- Floors in Building
- 2
- Flooring type
- Hardwood
- Building materials
- Shingle Siding
- Roof type
- Asphalt
Listing agent Mike Valentine (508) 958-6927
Listing office Premier Commercial 1645 Falmouth Road, Building G, Centerville, MA (508) 815-5700
Listing date Nov 3, 2025
MLS# 22505493
Copyright © 2026 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully furnished property, spanning over 6,000 square feet, presents a turnkey rental investment opportunity. The home includes 6 bedrooms, 4 bathrooms, 2 living rooms, an open kitchen, a dining area, and office space. Architectural features include exposed beams and high ceilings. There are also two large bunk rooms and a secondary TV lounge. Outdoor amenities include an 800+ square foot patio with built-in seating, a fire pit, a fenced yard, and two outdoor showers. A private 2-bedroom, 2-bath apartment with a separate entrance provides flexibility for guests or rental income. The second floor features a full yoga studio. Situated less than a mile from Falmouth Heights Beach and the Island Queen Ferry, the property is in a prime location near beaches, the ferry, and downtown Falmouth. The property sits on a 0.32-acre lot. It is suitable for continued short-term rental, use as a family compound, or multi-unit living. It is offered fully furnished and ready for immediate use or income generation. The property's proximity to the beach, ferry, and downtown Falmouth ensures lasting desirability.
Key Highlights
- Turnkey, fully furnished 6‑bedroom home, ready for immediate rental income or personal use.
- Prime location: Less than a mile from Falmouth Heights Beach, the Island Queen Ferry, and downtown Falmouth.
- Includes a private 2‑bedroom, 2‑bath apartment with separate entrance for guests or additional rental income.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $216.3k | $37.56 |
| − Vacancy | −$6.5k | −$1.13 |
| EGI | $209.9k | $36.43 |
| − OpEx | −$94.4k | −$16.39 |
| NOI | $115.4k | $20.04 |
5,760 SF · lease $37.56/SF/yr · vacancy 3.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.65M
$1.44M – $1.92M
NOI $115,420 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.35M
$2.05M – $2.74M
NOI $164,307 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
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FAQs
What type of property is this?
Short term rental property - Fully furnished 6-bedroom home near Falmouth Heights Beach.
Where is this short term rental property located?
The property is located at 156 Teaticket Highway Falmouth, MA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Turnkey, fully furnished 6‑bedroom home, ready for immediate rental income or personal use.; Prime location: Less than a mile from Falmouth Heights Beach, the Island Queen Ferry, and downtown Falmouth.; Includes a private 2‑bedroom, 2‑bath apartment with separate entrance for guests or additional rental income.
