Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8 Herring Pond Rd Bourne, MA 2532

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,150,000

    Multi-unit property with water views and updated features.

    Type:Investment
    Added:
    Apr 27, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 27 at 7:38 pm

    Property Features for 8 Herring Pond Rd

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Janet Maxim
    Janet Maxim

    Listing agent Janet Maxim

    Listing office Cape Landing Real Estate, LLC

    Listing date Apr 27, 2026

    Source Elliman

    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 Cape Landing Real Estate, LLC

    Overview

    Cape Cod Canal View Multifamily

    This multi-family compound offers year-round living with views overlooking the Cape Cod Canal. The property includes two structures situated on a generous lot. Bourne Village zoning allows for future expansion. The property has been updated with a new septic system, modern flooring, appliances, cabinets, countertops, and fresh interior paint. The single-unit residence includes one bedroom, gas heat, a kitchen, living room, and bath. The larger building contains three units: two one-bedroom units with kitchens, living rooms, and baths, plus a first-floor unit with one bedroom, a study, and a glass-enclosed sun porch. The property features stonework and grape arbors. Each unit offers unobstructed water views. The location provides access to Herring Pond and Sagamore Beach. The bike score is 54, indicating it is bikeable, while the walk score is 10, indicating car dependence.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Auto Repair Shop Big Box & Wholesale Store Skin Care Clinic Hotel & Motel Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Bourne
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.5589137
    Latitude
    41.774869

    Nearby Similar for Sale

    • $1,150,000

      Multi-Family with Cape Cod Canal Views

      Multi-family property with water views and updated features.
      8 Herring Pond Road, Bourne, MA 02532
      View Details
    • $23,000,000
      10,300 SF

      Premier Cape Cod Campground Opportunity

      Award-winning campground with 409 sites on 53.27 acres.
      260-270 Mac Arthur Boulevard, Bourne, MA 02532
      View Details
    • $2,075,000

      Established Auto-Repair Business For Sale

      Thriving auto-repair business with facilities and equipment near Bourne Bridge.
      7 Colonel Dr, Bourne, MA 02532
      View Details
    • $185,000

      Retail/Office Space in Pocasset

      Retail or office space in Bourne village on Cape Cod.
      4 Barlows Landing Rd #14, Bourne, MA 02559
      View Details
    • $1,695,000
      6,000 SF

      Industrial Building on 1.35 Acres

      6,000 SF industrial building with expansion potential on 1.35 acres.
      606-610 Macarthur Blvd, Bourne, MA 02559
      View Details
    • $1,250,000

      Restaurant/Bar Opportunity Near Bourne Bridge

      Established restaurant/bar with full liquor license in high-traffic location.
      300 Main St, Bourne, MA 02532
      View Details
    • $185,000

      Retail and Office Condominium

      Charming retail and office condominium complex in Pocasset, Bourne, MA.
      4 Barlows Landing Rd #15, Bourne, MA 02559
      View Details
    • $185,000

      Retail and Office Condominium Complex

      Charming retail and office condominium in Pocasset village, Bourne, MA.
      4 Barlows Landing Rd #16, Bourne, MA 02559
      View Details
    • $370,000

      Charming Retail and Office Condominium

      Retail and office condominium in the heart of Pocasset village.
      4 Barlows Landing Rd #15 & 16, Bourne, MA 02559
      View Details
    • $1,250,000
      1,800 SF

      Restaurant/Bar Opportunity Near Bourne Bridge

      Successful restaurant/bar with full liquor license for over 40 years.
      300 Main St, Bourne, MA 02532
      View Details
    • $1,250,000

      Established Restaurant Property For Sale

      Well-established restaurant with full liquor license in prime location.
      300 Main St, Bourne, MA 02532
      View Details
    • $185,000
      1,152 SF

      Charming Retail and Office Condo

      Retail and office condominium in desirable Cape Cod location.
      4 Barlows Landing Rd #16, Bourne, MA 02559
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Multi-unit property with water views and updated features.
    Where is this multifamily property located?
    The property is located at 8 Herring Pond Rd Bourne, MA.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: Sweeping water views of the Cape Cod Canal from both East and West exposures.; Multi‑family compound with two structures, offering an investment opportunity.; Bourne Village zoning allows for future expansion.
    (508) 989-8837
    We can help!
    Listing Contact
    Janet Maxim
    Janet Maxim
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!