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Two-Unit Multifamily Residence

40 Bayview Road Eastham, MA 02642

40 Bayview Road, Eastham, MA, 02642
$1,000,000
For Sale
$1,000,000

MULTI_FAMILY - Eastham, MA

Property Size1,345 SF
Lot Size0.47 Acres
Price / SF$743.49
Days on Market152

Property Features for 40 Bayview Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2, Basement, Bathroom 1, Bedroom 1
Parking
6
Parking features
Off Street, Open, Driveway
Patio and Porch features
Porch, Deck
Interior features
Attic Storage
Exterior features
Private Yard
Appliances
Tankless Water Heater, Washer/Dryer Stacked, Electric Range, Countertop Range, Dishwasher, Microwave, Refrigerator
Standard status
Active
APN
EAST M:0019 L:0017
Size
1,345 SF
Lot size
0.47 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
7380

Utilities

Sewer type
Septic Tank
Heating system
Oil, Electric (Heating)
Water source
Well

Building Details

Year built
1958
Floors in Building
1
Number of units
2
Flooring type
Tile, Carpet
Building materials
Shingle Siding
Roof type
Asphalt
Additional Structures
Outbuilding, Storage
Listing Agency Keller Williams Gateway Realty
20 Trafalgar Square, Suite 101, Nashua, MA
Listed by Deborah F Kruzel
Added: Feb 14 Checked: Jul 16 at 11:06 pm
MLS# 22600455 Listing URL

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 two-unit multifamily residence offers flexible, side-by-side living with two bedrooms per unit. The right side is the original home with an updated kitchen and bath, plus an enclosed porch and a deck. The left side is a 2015 addition featuring two spacious bedrooms, stackable laundry located in the bathroom, and a bright, heated living room with natural light. Interior access connects to a two-car garage and basement storage, with additional storage available in the attic. Exterior amenities include an outside shower. The property also notes newer windows throughout, a 2020 FHW furnace, and a whole-house fan.

Located at 40 Bayview Road in Eastham, the home is described as being approximately 0.1 mile from Boat Meadow Landing and offers sunset views of Cape Cod Bay from the rooftop deck. The listing also provides that the home sits on nearly half an acre.

With two self-contained units featuring two bedrooms each, the layout can support multi-generational arrangements, rental use, or other income-oriented living plans. Prospective buyers should note the sale is contingent upon court approval, as stated in the listing remarks.

Key Highlights

  • Unique two‑unit property just 0.1 mile from Boat Meadow Landing, with sunset views of Cape Cod Bay from the rooftop deck
  • Nearly half‑acre lot with two units; each unit has 2 bedrooms for flexible living, rental, or investment use
  • Right side: original home with updated kitchen and bath, plus an enclosed porch and deck

Local Financial Insights For Multifamily LT 5

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 $44.4k $33.00
− Vacancy −$1.6k −$1.16
EGI $42.8k $31.85
− OpEx −$12.8k −$9.55
NOI $30.0k $22.29
1,345 SF · lease $33.00/SF/yr · vacancy 3.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$428.3K
$374.8K – $499.7K (±1% cap)
NOI $29,982 @ 7.0% cap · market cap 3.00%
Second Best
Apartment 5plus
$385.0K
$336.9K – $449.2K (±1% cap)
NOI $26,951 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$548.1K
$479.6K – $639.5K (±1% cap)
NOI $38,367 @ 7.0% cap · market cap 3.84%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Building Supply Real Estate Agency HVAC Service Auto Repair Shop Electrical Service Plumbing Service Parking Lot & Garage Kitchen & Bath Showroom Skin Care Clinic Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-bedroom, two-unit home with rooftop deck, enclosed porch, and interior access to garage and basement storage.
Where is this duplex located?
The property is located at 40 Bayview Road Eastham, MA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Unique two‑unit property just 0.1 mile from Boat Meadow Landing, with sunset views of Cape Cod Bay from the rooftop deck; Nearly half‑acre lot with two units; each unit has 2 bedrooms for flexible living, rental, or investment use; Right side: original home with updated kitchen and bath, plus an enclosed porch and deck
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