8 Theatre Dr, Falmouth MA 02536
Falmouth, MA 02536
$975,000
$949,000
Est. $5,389/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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About this home
Waterfront living with a private dock and exceptional flexibility in Falmouth. Set along peaceful Round Pond, this beautifully renovated and reimagined property offers the Cape Cod lifestyle buyers dream about—water views, direct access to the pond, a private dock and the freedom to launch a kayak or canoe right from home.Thoughtfully designed as two separate living spaces, the property offers remarkable versatility. The upper level features two bedrooms with an open, comfortable living area overlooking the water, while the walk-out lower level provides a private one-bedroom living space with its own kitchen and living area. It’s an ideal arrangement for extended family, guests, multigenerational living or income possibilities.Spend summer days on the water, relax on the deck, rinse off in the outdoor shower and enjoy quiet evenings overlooking the pond. With approximately 2,200 square feet of living space, this home offers room to gather while still providing privacy when desired.A passed Title 5 septic inspection for three bedrooms adds peace of mind. Convenient to Falmouth’s beaches, golf, shopping and dining, with easy access on and off Cape. More than a home, 8 Theatre Drive is an opportunity to own waterfront, create income, and enjoy the Cape Cod lifestyle—all in one distinctive property
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
2.7%
Price Range
Property Timeline
Price Reduced
Sep 9, 2026
$949,000
$26,000
(-2.67%)
From $975,000 to $949,000 (-2.7%)
Showing Instructions Updated
Aug 6, 2026
New showing requirements
Listed for Sale
Aug 5, 2026
$975,000
Original listing
Agent: Annie Hart Cool
Office: Sotheby's International Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/09/2026 | ↓ Price Reduced | $949,000 | $26,000 | - | From $975,000 to $949,000 (-2.7%) |
| 08/06/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 08/05/2026 | 🏠 Listed for Sale | $975,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $4,685 | $817,600 |
Financial Details
Annual Property Tax
$4,685
Tax Year 2026
Assessed Value
$817,600
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1983
Living Area
2,200 sq ft
Lot Size
0.48 acres
Stories
4
Bedrooms
3
Full Baths
2
Total Rooms
10
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
$2,200/mo · N
Total Monthly Rent
$2,200/mo
Gross Income
$26,400
Net Operating Income
$26,400
Cap Rate
2.78%
Interior
Heating
Electric
Cooling
Wall Unit(s)
Flooring
Tile, Vinyl, Laminate
Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace
None
Fireplaces
1
Basement
Full, Finished, Concrete
Laundry
Electric Dryer Hookup, Washer Hookup
Features
Upgraded Cabinets, Upgraded Countertops, Bathroom With Shower Stall, Remodeled, Walk-in Closet(s), Living Room, Kitchen, Laundry Room, Office/den, Living Rm/dining Rm Combo
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Balcony/deck, Outdoor Shower
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck, Patio
Parking
Features
Off Street
Total Spaces
4
Utilities
Electric
220 Volts
Water
Public
Sewer
Inspection Required For Sale
Gas
None
Other
For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$4,685
Assessed Value
$817,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
None, Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
blue
Sq Ft Source
Public Record
Sq Ft Disclosures
2 beds up and 1 bed down
Documents
None
County
Barnstable
Total market time (incl. prior listings)
39 days
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1983
Bedrooms
3
Full Bathrooms
2
Living Area
2,200 sq ft
Total Rooms
10
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,200 sq ft above grade
Display Options
Outdoor Areas
Patio & porchDeck, Patio
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Vinyl, Laminate
Appliances:
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Remodeled, Walk-In Closet(s), Living Room, Kitchen, Laundry Room, Office/Den, Living RM/Dining RM Combo
Windows:
Basement:
Full, Finished, Concrete
Laundry:
Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1983
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
4
Heating, Cooling & Utilities
Heating:
Electric
Cooling:
Wall Unit(s)
Hot Water:
Electric
Water Source:
Public
Sewer:
Inspection Required for Sale
Energy Features:
Exterior & Lot
Exterior Features:
Balcony/Deck, Outdoor Shower
Patio & Porch:
Deck, Patio
Fencing:
Other Structures:
Shed(s)
Lot Features:
Corner Lot, Wooded, Gentle Sloping
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Off Street
Special Features
Fireplaces:
1
Fireplace Type:
Waterfront:
Yes
Waterfront Type:
Waterfront, Pond, Lake/Pond, 0 to 1/10 Mile To Beach, Beach Ownership(Deeded Rights)
Community Amenities:
Shopping
Nearby Schools
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
Elementary Schools
3 schools
B+
East Falmouth Elementary School
3.0 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
Kenneth Coombs School
3.4 mi
383 students
Diverse
Grades PK-02
A-
North Falmouth Elementary School
3.5 mi
|
#219 of 825
|
Score: 53.8
Dropped 27 spots from last year
-4.4 below state avg
324 students
Moderate
Grades K-04
Middle Schools
2 schools
C+
Quashnet Intermediate School
3.4 mi
|
#578 of 825
|
Score: 41.8
Dropped 13 spots from last year
-16.4 below state avg
423 students
Diverse
Grades 03-06
C
Morse Pond School
4.8 mi
|
#611 of 825
|
Score: 40.1
Dropped 137 spots from last year
-18.1 below state avg
438 students
Moderate
Grades 05-06
High Schools
3 schools
B
Mashpee Middle-High School
2.8 mi
|
#168 of 346
|
Score: 54.4
Improved 39 spots from last year
-3.9 below state avg
543 students
Diverse
15 sports
• 932 athletes
Rising School
College Ready Curriculum
Strong Athletics
Grades 07-12
B
Falmouth High School
3.4 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
B+
Upper Cape Cod Vocational Technical School
4.6 mi
|
#138 of 346
|
Score: 57.2
Dropped 25 spots from last year
-1 below state avg
867 students
Moderate
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Grades 09-12
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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
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$390
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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$0
Total interest paid
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Rate Impact
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
8 Theatre Dr, Falmouth MA 02536
Falmouth, MA 02536
Listing Information
Listing Agent
Annie Hart Cool
Listing Office
Sotheby's International Realty
Office Phone
508-548-2522
Agent MLS ID
CT000511
Office MLS ID
A95532
Listing Data Updated
Sep 13, 2026 4:05 AM 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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