Three-Unit Cottage
New
For Sale
$1,400,000
10 Penny Lane, Eastham, MA 02642
Multi-Family, Eastham, MA
Property Size1,260 SF
Lot Size0.28 Acres
Price / SF$1,111
Days on Market7
Property Features for 10 Penny Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Reside
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 5, Bathroom 2, Basement, Bedroom 6, Bedroom 1
Parking
6
Parking features
Driveway
Patio and Porch features
Deck
Exterior features
Outdoor Shower
Basement
Partial
Appliances
Water Heater, Gas Range, Refrigerator
Lot features
Cleared, Level
Elementary school district
Nauset
Middle school district
Nauset
High school district
Nauset
Directions
Rt 6 to Kingsbury Beach Rd, turn left onto Penny Lane. Follow to end. Yard sign
Subdivision
Eastham
Standard status
Active
APN
EAST M:10 B: L:310-0
Size
1,260 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
4156
Utilities
Sewer type
Septic Tank
Heating system
Propane (Heating)
Water source
Public
Amenities
deck
Building Details
Year built
1944
Floors in Building
1
Number of units
3
Flooring type
Tile, Carpet, Wood
Building materials
Shingle Siding
Roof type
Asphalt
Listing Agency:
RE/MAX Real Estate Center
(508) 746-8402
Listed By:
Bob Sheldon · License #9077726
(508) 237-9545
Added: Sep 29
Changed: Oct 2
Last Checked: Oct 5 at 4:06PM
MLS# 22604945
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.
Set across two parcels totaling 0.28 acres, this cottage property comprises three units with 1,260 square feet of combined living area. Each cottage has two bedrooms, an open living, dining, and kitchen area, and a small deck. The property was built in 1944 and includes driveway parking, an outdoor shower, public water, and a 6-bedroom Title 5 septic system installed in 2026.
A deeded path provides access to Cape Cod Bay in under a five-minute walk. The cottages recorded 23 rented weeks combined in 2026 and 30 in 2025. The parcels are at 10 and 12 Penny Lane in Eastham.
A deeded path provides access to Cape Cod Bay in under a five-minute walk. The cottages recorded 23 rented weeks combined in 2026 and 30 in 2025. The parcels are at 10 and 12 Penny Lane in Eastham.
Key Highlights
- Three cottages, each with 2 bedrooms and an open living, dining, and kitchen area
- 1,260 square feet of combined living area on 0.28 acres
- New 6‑bedroom Title 5 septic system installed in 2026
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
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Business Placement
Demographics for 02642, MA
5,752
Population
6,349
Households
0.9
Avg Household Size
61
Median Age
52%
College-Educated
96%
High-School Grad
14.0 sq mi
ZIP Area
411
Density / Sq Mi
$72,683
Median Household Income
$42,638
Median Earnings
$1,692
Median Rent
$668,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Short term rental property - Each cottage offers two bedrooms, an open living, dining, and kitchen area, plus a small deck.
Where is this short term rental property located?
The property is located at 10 Penny Lane Eastham, MA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Three cottages, each with 2 bedrooms and an open living, dining, and kitchen area; 1,260 square feet of combined living area on 0.28 acres; New 6‑bedroom Title 5 septic system installed in 2026
