$899,000
$150K PRICE DROP

248 N Falmouth Hwy North Falmouth, MA 02556

Estimated payment $5,360/month

Total Views 25,861
5 Beds
3 Baths
2,626 Sq Ft
$342 Price per Sq Ft

Highlights

  • Property is near a marina
  • Deck
  • 1 Fireplace
  • North Falmouth Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

Charming Legal 2-Family Home in Picturesque North Falmouth! Discover this rare gem --a blend of charm, versatility, and opportunity. Whether you're looking for a multigenerational living setup, extra rental income, or just an expansive property to call home, this property has it!Main House Highlights: 4 bedrooms and 2 baths with a great layout, perfect for entertaining. Listen to music in the spacious great room with a wood stove, or enjoy the country kitchen with eat in area, both rooms overlook the backyard's water features. Feel yourself relaxing. Attached Apartment:1 bedroom, 1 bath, ideal for extended family, guests, or rental opportunities (possible home business).Additional Features: Detached 2-car garage with a workshop area, perfect for hobbies or projects. All of this is set in the sought-after location of North Falmouth. Come see what makes this area so special. Don't miss the chance to make this intriguing property yours!

Listing Agent

Michael Ewald

Stonewater Real Estate License #9523434 Listed on: 04/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,621

Year Built

  • Built in 1897 | Remodeled

Lot Details

  • 0.49 Acre Lot
  • Near Conservation Area
  • Level Lot
  • Cleared Lot
  • Garden

Parking

  • 2 Car Garage
  • Open Parking

Home Design

  • Duplex
  • Block Foundation
  • Stone Foundation
  • Pitched Roof
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 2,626 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • 1 Fireplace
  • Sliding Doors
  • Dining Area
  • Crawl Space
  • Dishwasher
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Property is near a marina
  • Deck

Location

  • Property is near shops

Utilities

  • No Cooling
  • Heating Available
  • Furnace
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 12 05 008 000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,621

Year Built

Built in 1897 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Has Basement: Crawl Space
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.49
  • Road Surface Type: Paved
  • Directions: South On Route 28a, just beyond Old Silver Rotary, to #248.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Water Heater, Refrigerator, Dishwasher
  • Total Bedrooms: 5
  • Interior Amenities: HU Cable TV, Pantry, Beamed Ceilings, Dining Area
  • Full Bathrooms: 3
  • Door Features: Sliding Doors
  • Entry Location: Unit 1: First Floor,Unit 1: Second Floor,Unit 2: First Floor,Unit 2: Street Level
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Carpet, Tile, Wall to Wall, Wood Floor, Tile Floor

Exterior Features

  • Exterior Features: Garden
  • Lot Features: Bike Path, School, Major Highway, Shopping, Marina, Conservation Area, Cleared, Level
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Foundation Details: Block, Stone
  • Patio And Porch Features: Deck
  • Property Condition: Updated/Remodeled, Approximate
  • Roof: Asphalt, Pitched

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Furnace, Fireplace(s), Electric Stove
  • Laundry Features: Washer Hook-up, Dryer Hook-up
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Water Meter

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Falmouth

Lot Info

  • Zoning: RB
  • Lot Size Sq Ft: 21344
  • Parcel #: 12 05 008 000

Building Info

  • Year Built: 1897

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4621
  • Tax Book Number: 36108

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,581 $729,500 $233,900 $495,600
2023 $4,221 $610,000 $183,800 $426,200
2022 $4,122 $512,100 $162,000 $350,100
2021 $3,915 $460,600 $148,500 $312,100
2020 $3,841 $447,100 $135,000 $312,100
2019 $3,510 $410,000 $135,000 $275,000
2018 $3,376 $392,600 $135,000 $257,600
2017 $3,274 $383,800 $135,000 $248,800
2016 $2,852 $340,800 $135,000 $205,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Price Changed $899,000 -14.3% $342 / Sq Ft
04/23/2025 04/23/25 For Sale $1,049,000 -- $399 / Sq Ft
Source: Cape Cod & Islands Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Deed $155,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $25,000 Credit Line Revolving
Previous Owner $270,000 Unknown
Previous Owner $55,000 No Value Available
Previous Owner $30,000 No Value Available
Previous Owner $213,500 No Value Available
Previous Owner $35,175 No Value Available
Previous Owner $25,105 No Value Available
Source: Public Records

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22501739

Cape Cod & Islands Association of REALTORS®

APN: FALM 12 S:05 P:008 L:000