Building Details

Building Size 4,021 SF

Year Built 1887

Listing Agency: Jack Conway

Listed By: Tara Bazarewsky Show Phone

Source: Paulgrover

Added: Oct 1 Changed: Oct 4 Last Checked: Oct 4 at 12:21PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jack Conway

Investment Insights

Based on property information with market context.

This 4,021-square-foot residential income property dates to 1887 and carries an antique designation. Interior features include central air, natural gas forced-air heat, a finished area, a pantry, a walk-in closet, and a wet bar. The kitchen includes a dishwasher, gas range, refrigerator, and wine cooler; a washer and water heater are also listed.

At 378 Route 6A in Yarmouth Port, the property has a detached garage with opener, off-street gravel parking, a garden, and an outdoor shower. The zoning designation is R40.

Key Highlights

• 4,021‑square‑foot residential income property built in 1887
• R40 zoning
• Central air and natural gas forced‑air heating

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$80,574

Cap Rate

3.36%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,611,480 $1.6M

Cap Rate 7%

$1,151,057 $1.2M

Cap Rate 9%

$895,267 $895.3K

Market Conditions

NOI Build-Up for 4,021 SF

Gross rent

$151.0K $37.56/SF

− Vacancy

−$4.5K −$1.13/SF

EGI

$146.5K $36.43/SF

− OpEx

−$65.9K −$16.39/SF

NOI

$80.6K $20.04/SF

Area

Barnstable County, MA

Vacancy

3.00%

Lease Rate

$37.56 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,611,480

Cap Rate 7%

$1,151,057

Cap Rate 9%

$895,267

Alternative Uses

Best Use

Apartment 5plus

$1.15M

$1.01M – $1.34M (±1% cap)

NOI $80,574 @ 7.0% cap · market cap 3.36%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.64M

$1.43M – $1.91M (±1% cap)

NOI $114,701 @ 7.0% cap · market cap 4.78%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Dental Office Hair Salon Building Supply Auto Repair Shop Nail Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

118

Businesses Nearby

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Demographics for 02675, MA

6,712

Population

4,051

Households

1.7

Avg Household Size

61

Median Age

53%

College-Educated

97%

High-School Grad

8.8 sq mi

ZIP Area

763

Density / Sq Mi

$111,555

Median Household Income

$59,696

Median Earnings

$1,673

Median Rent

$544,300

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this residential income properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Residential income property - The 1887 property includes central air, natural gas forced-air heating, and a detached garage.

Where is this residential income property located?

The property is located at 378 Route 6A Yarmouth Port, MA.

What is the asking price?

The asking price for this property is $2,400,000.

What are key features of this property?

This property features: 4,021‑square‑foot residential income property built in 1887; R40 zoning; Central air and natural gas forced‑air heating