511 Palmer Ave, Falmouth MA 02540

Falmouth, MA 02540
$849,000
Est. $4,907/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.

Adjust the payment calculator
4
Beds
2.5
Baths
2,373
Sq Ft
$358
Price/Sq Ft
0.99
Acres
1934
Year Built
2
Garage Spaces
New today
Time on Market
For Sale Open House Listed Oct 26, 2026 • MLS# 73595123 Copied! • Updated Oct 26, 2026

Track this home for price, status, and open-house alerts.

Open House Schedule

01
Nov
Sunday, November 1
10:30 AM - 12:00 PM EST

About this home

Welcome to this highly desirable, move-in-ready property offering the perfect blend of charm, space, and versatility! Featuring a spacious 3-bedroom, 1.5-bath main house and a separate 1-bedroom, 1-bath cottage, this unique property offers endless possibilities for multigenerational living, an in-law setup, or potential rental income. Fully remodeled in 2019, the home combines comfort and character with thoughtful updates throughout.Inside the main home, enjoy the warmth and beauty of the stunning original stone fireplace, a bright and inviting sunroom, and a functional breakfast bar perfect for everyday living and entertaining. Step outside to discover two decks and a dedicated outdoor entertaining area, ideal for hosting gatherings or simply relaxing and enjoying the surroundings. The fenced-in yard sits on nearly an acre of land, offering plenty of space for outdoor activities, gardening, pets, and more. The oversized garage has potential for the new owner to bring up to speed or customize. Whether you're looking for a home with additional income potential, space for extended family, or a versatile property with room to enjoy, this special offering is full of opportunity.

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 26, 2026
$849,000
Original listing
Agent: Steven Carlson Office: Waterside Real Estate LLC

Tax History

Year Taxes Assessment
2026 $4,971 $867,600

Financial Details

Annual Property Tax
$4,971
Tax Year 2026
Assessed Value
$867,600

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style Multi Family
Year Built 1934
Living Area 2,373 sq ft
Lot Size 0.99 acres
Stories 3
Bedrooms 4
Full Baths 2
Half Baths 1
Total Rooms 8

Investment Metrics

Units 2
Unit 1 Rent $4,000/mo · Y
Unit 2 Rent $1,800/mo · Y
Total Monthly Rent $5,800/mo
Gross Income $69,600
Net Operating Income $69,600
Cap Rate 8.20%
Heating None
Cooling None
Flooring Wood, Tile
Appliances None
Fireplace None
Fireplaces 1
Basement Full, Interior Entry
Laundry None
Features None
Construction None
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing Fenced
Patio/Porch Deck
Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street
Total Spaces 8
Electric None
Water Public
Sewer Private Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $4,971
Assessed Value $867,600
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Refrigerator And Washer/dryer Not Included. Mini Split For Heating And Cooling In Cottage. Mini Split In Living Room Of Main House. Garage In Need Of Repair. Tenants At Will In Both Main Property And Cottage. There Is An Electric And An Oil Hot Water Heater In Main House.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Measured
Documents None
County Barnstable

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1934
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,373 sq ft
Total Rooms
8
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Wood, Tile
Appliances:
Interior Features:
Windows:
Basement: Full, Interior Entry
Laundry:
Security:

Construction & Materials

Year Built: 1934
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Block
Stories: 3

Utilities & Systems

Heating:
Cooling:
Hot Water: Oil, Electric
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Deck
Fencing: Fenced
Other Structures:
Lot Features: Gentle Sloping
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 8
Parking Features: Paved Drive, Off Street

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities:
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

3 schools
Cape Cod Conservatory of Music & Arts
0.9 mi
Grades PK-K
B
Mullen-Hall School
0.9 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
B+
Teaticket School
1.3 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
M

Middle Schools

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

High Schools

2 schools
Falmouth Academy
0.6 mi
11 sports • 356 athletes
Grades 07-12
B
Falmouth High School
1.5 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
Learn about these ratings

Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $414
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

Loading map...

Neighborhood

511 Palmer Ave, Falmouth MA 02540

Falmouth, MA 02540

Listing Information

Listing Agent Steven Carlson
Listing Office Waterside Real Estate LLC
Office Phone 508-388-2003
Agent MLS ID A9502551
Office MLS ID AN8229
Listing Data Updated Oct 26, 2026 3:21 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Falmouth, MA

Real-time market trends and pricing data for this area

Loading market insights for Falmouth.