355 Palmer Avenue, Falmouth MA 02540

Falmouth, MA 02540
$750,000
$729,000
Est. $4,181/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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6
Beds
3
Baths
1,876
Sq Ft
$389
Price/Sq Ft
0.52
Acres
1940
Year Built
6
Parking
49
Days on Market
Sale Pending Price Drop -$21,000 Listed Jul 13, 2026 • MLS# 73548816 Copied! • Updated Sep 1, 2026

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About this home

Exceptional investment opportunity in the heart of Falmouth! This three-unit residential property offers 6 bedrooms, 3 full baths, and is situated on a generous ½-acre lot in a desirable area. Ample off-street parking for 4–6 vehicles, a spacious yard, and additional storage enhance the property’s appeal for owners and tenants alike. Ideally located just minutes from Falmouth Hospital, the Shining Sea Bikeway, Steamship Authority parking, public transportation, downtown shopping, restaurants, beaches, and major commuter routes. Whether you’re seeking a strong income-producing property, multi-generational living, or future investment potential, this versatile offering presents an outstanding opportunity in one of Cape Cod’s most sought-after locations.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
2.8%
Price Range

Property Timeline

Pending Sale
Sep 1, 2026
Offer accepted, sale pending
Price Reduced
Aug 6, 2026
$729,000 $21,000 (-2.8%)
From $750,000 to $729,000 (-2.8%)
🏠
Listed for Sale
Jul 13, 2026
$750,000
Original listing
Agent: O'Neill Group Office: Berkshire Hathaway HomeServices Robert Paul Properties

Tax History

Year Taxes Assessment
2026 $3,534 $616,800

Financial Details

Annual Property Tax
$3,534
Tax Year 2026
Assessed Value
$616,800

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1940
Living Area 1,876 sq ft
Lot Size 0.52 acres
Stories 3
Bedrooms 6
Full Baths 3
Total Rooms 12

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent — · N
Unit 3 Rent — · N
Heating None
Cooling None
Flooring Vinyl, Carpet
Appliances None
Fireplace None
Basement Partial
Laundry None
Features None
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street, Stone/gravel
Total Spaces 6
Electric None
Water Public
Sewer Private Sewer
Gas None
Other None

Financial

Annual Tax $3,534
Assessed Value $616,800
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing Contract
Structure Type []
Sq Ft Source Public Record
Documents None
County Barnstable
Total market time (incl. prior listings) 50 days

Property Overview

Property Type
3 Family
Listing Type
Sale Pending
Year Built
1940
Bedrooms
6
Full Bathrooms
3
Living Area
1,876 sq ft
Total Rooms
12
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Vinyl, Carpet
Appliances:
Interior Features:
Windows:
Basement: Partial
Laundry:
Security:

Construction & Materials

Year Built: 1940
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Block
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Wooded, Cleared, Gentle Sloping, Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 6
Parking Features: Off Street, Stone/Gravel
School District
Falmouth School District local
B-
School Safety 2024-25
3.5% Above Average
2.2% Suspensions 2.6% In-School 1.3% Emergency
2.0% below state avg
E

Elementary Schools

5 schools
B
Mullen-Hall School
0.6 mi | #391 of 825 | Score: 48.0
Improved 236 spots from last year
-10.2 below state avg
336 students Moderate
Rising School
Grades K-04
Cape Cod Conservatory of Music & Arts
0.7 mi
Grades PK-K
B+
Teaticket School
1.4 mi | #274 of 825 | Score: 51.6
Improved 210 spots from last year
-6.6 below state avg
226 students Moderate
Rising School
Grades K-04
B+
East Falmouth Elementary School
3.1 mi | #298 of 825 | Score: 51.0
Improved 262 spots from last year
-7.3 below state avg
312 students Moderate
Rising School
Grades PK-04
A-
North Falmouth Elementary School
5.2 mi | #219 of 825 | Score: 53.8
Dropped 27 spots from last year
-4.4 below state avg
324 students Moderate
Grades K-04
M

Middle Schools

2 schools
C
Morse Pond School
0.7 mi | #611 of 825 | Score: 40.1
Dropped 137 spots from last year
-18.1 below state avg
438 students Moderate
Grades 05-06
B
Lawrence School
0.5 mi | #153 of 352 | Score: 44.1
Dropped 43 spots from last year
-14.2 below state avg
464 students Moderate
Grades 07-08
H

High Schools

2 schools
Falmouth Academy
0.3 mi
11 sports • 356 athletes
Grades 07-12
B
Falmouth High School
1.8 mi | #175 of 346 | Score: 53.8
Improved 59 spots from last year
-4.5 below state avg
683 students Moderate
17 sports • 1,266 athletes
High Graduation Rate Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
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Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $295
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

355 Palmer Avenue, Falmouth MA 02540

Falmouth, MA 02540

Listing Information

Listing Agent O'Neill Group
Listing Office Berkshire Hathaway HomeServices Robert Paul Properties
Office Phone 508-540-9800
Agent MLS ID TM347504
Office MLS ID AN6526
Listing Data Updated Sep 1, 2026 5:29 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
Steve Novak Real Estate
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