87 Davis Straits, Falmouth MA 02540

Falmouth, MA 02540
$1,400,000
$855,000
Est. $4,892/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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0.35
Acres
1916
Year Built
121
Days on Market
For Sale Price Drop -$545,000 Listed May 21, 2026 • MLS# 73522471 Copied! • Updated Sep 4, 2026

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About this home

This prime investment and development opportunity is located in the heart of Falmouth’s busy commercial corridor. 87 Davis Straits is a well-maintained professional building currently leased to a high-visibility eye care practice, providing stable in-place income for investors. The property also offers significant upside potential when combined with the abutting property at 83 Davis Straits, creating a rare larger commercial footprint with strong frontage and visibility in a high-traffic location. Just minutes from Falmouth Harbor, Main Street, and the Shining Sea Bikeway, the site benefits from consistent year-round traffic and strong seasonal tourism. Ideal as a buy-and-hold investment, owner-user opportunity, or future redevelopment play, this offering represents one of the more versatile commercial opportunities currently available in Falmouth.

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Property History

Market Insights

1
Price Changes
38.9%
Price Range

Property Timeline

Back On Market
Aug 31, 2026
Active
📋
Status: Active under contract
Jul 23, 2026
Active → Active Under Contract
Pending Sale
Jul 22, 2026
Offer accepted, sale pending
Price Reduced
May 30, 2026
$855,000 $545,000 (-38.93%)
From $1,400,000 to $855,000 (-38.9%)
🏠
Listed for Sale
May 21, 2026
$1,400,000
Original listing
Agent: Annie Hart Cool Office: Sotheby's International Realty

Tax History

Year Taxes Assessment
2026 $4,424

Financial Details

Annual Property Tax
$4,424
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1916
Lot Size 0.35 acres
Gross Income $32,775
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Asphalt/composition Shingles
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $4,424
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Barnstable

Property Overview

Listing Type
For Sale
Year Built
1916

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1916
Structure Type:
Exterior Materials:
Roof: Asphalt/Composition Shingles
Foundation:

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:
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+
Teaticket School
0.7 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
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
Cape Cod Conservatory of Music & Arts
1.6 mi
Grades PK-K
B+
East Falmouth Elementary School
2.3 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
5.6 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
0.3 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
0.9 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
1.3 mi
11 sports • 356 athletes
Grades 07-12
B
Falmouth High School
1.9 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

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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $369
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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+0.5% 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

87 Davis Straits, Falmouth MA 02540

Falmouth, MA 02540

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 4, 2026 3:05 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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Steve Novak Real Estate
Steve Novak Real Estate
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