NOT LISTED FOR SALE

40 Nautical Way Unit 40-44 Hyannis, MA 02601

4 Beds
2 Baths
1,760 Sq Ft
8,276 Sq Ft Lot

Last Sold June 27, 2024

Last sale price $540,000 $307 Per Sq Ft

3 Days on Market

Highlights

  • Property is near a marina
  • Deck
  • Property is near shops
  • Medical Services
  • No HOA
  • Forced Air Heating System

About This Home

As of June 2024

This duplex investment income-generating opportunity is ideally situated within walking distance of Keyes Memorial Beach and close to the vibrant hub of downtown Hyannis. This property offers close proximity to top local restaurants, shops, marinas, ferries, and the hospital, making it an attractive location for tenants. Unit 40 was extensively updated in 2020-21, featuring a new furnace, hot water tank, refreshed paint, selective window replacements, and modernized kitchen and bathroom. Unit 44 (not pictured here) benefits from new windows and a renovated bathroom. Unit 44 offers a unique opportunity for further renovations to enhance value. Both units are currently occupied by tenants-at-will, (who would both like to stay), each contributing $1,500/month plus utilities, ensuring a steady income stream from day one. The property owner covers water and sewer expenses. Note: the buyer will need to connect to the municipal sewer system as mandated by the Board of Health. The seller has made initial payments towards this betterment, with the buyer responsible for continuing payments post-closure. Exact costs will be finalized before closing. Septic inspection will done soon.

Last Agent to Sell the Property

Dawn Andalft-Newman

Property Cape Cod License #9559914 Listed on: 06/06/2024

Last Buyer's Agent

Marcia Prette

Keller Williams Realty License #9567315

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,465

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Poured Concrete
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Electric Dryer

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Property is near a marina
  • Deck

Location

  • Property is near place of worship
  • Property is near shops

Utilities

  • No Cooling
  • Forced Air Heating System
  • Furnace
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Medical Services

Listing and Financial Details

  • Total Actual Rent $3,000
  • The owner pays for sewer, water
  • Assessor Parcel Number 307233

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,465

Year Built

Built in 1971 | Remodeled

Lot Details

0

Listing Details

  • Has Basement: Bulkhead Access, Interior Entry, Full
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: Bearses Way to the traffic circle, continue straight to Bassett Ln, left onto North St, left onto Sea St Ext and right onto Nautical Way
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Water Heater, Refrigerator, Dryer - Electric
  • Total Bedrooms: 4
  • Interior Amenities: None, Dining Area
  • Owner Pays: Sewer, Water
  • Full Bathrooms: 2
  • Entry Location: Unit 1: Street Level,Unit 2: Street Level
  • Fireplace: No
  • Flooring: Vinyl, Carpet, Wall to Wall, Vinyl Floor
  • Main Level Bathrooms: 2

Exterior Features

  • Lot Features: In Town Location, Medical Facility, Major Highway, House of Worship, Shopping, Marina, Level, South of Route 28
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Foundation Details: Poured
  • Patio And Porch Features: Deck
  • Property Condition: Updated/Remodeled, Actual
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Unpaved, Stone/Gravel

Utilities

  • Sewer: Septic Tank, Public Sewer
  • Cooling: None
  • Heating: Forced Air, Furnace
  • Electric: Electric Meter
  • Gas Company: Gas Meter
  • Laundry Features: Washer Hook-up
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public, Water Meter

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Barnstable

Lot Info

  • Zoning: RB
  • Lot Size Sq Ft: 8276
  • Parcel #: 307233
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1971

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3465
  • Tax Book Number: 24575

Multi Family

  • Total Actual Rent: 3000

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2024 06/27/24 Sold $540,000 -9.2% $307 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $595,000 -- $338 / Sq Ft
Source: Cape Cod & Islands Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dawn Andalft-Newman

    Seller's Agent in 2024

    Dawn Andalft-Newman

    Property Cape Cod

    (508) 942-8236

    9 in this area

    81 Total Sales

    Dawn Andalft-Newman
    Section Image
  • Marcia Prette

    Buyer's Agent in 2024

    Marcia Prette

    Keller Williams Realty

    (508) 364-4667

    15 in this area

    80 Total Sales

    Marcia Prette
    Section Image
See All Agents

Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22402668

Cape Cod & Islands Association of REALTORS®
Massachusetts Barnstable County Hyannis 02601

40 Nautical Way Unit 40-44, Hyannis, MA

This home is located at 40 Nautical Way Unit 40-44, Hyannis, MA 02601 since 06 June 2024. This property was built in 1971. 40 Nautical Way Unit 40-44 is a home located in Barnstable County with nearby schools including Hyannis West Elementary School, Barnstable United Elementary School, and Barnstable Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape Cod & Islands Association of REALTORS® All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than CC&I Assoc. of REALTORS®, Inc. includes the name of the listing company. Neither the listing company nor CC&I Assoc. of REALTORS®, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. All properties are subject to prior sale, changes, or withdrawal. Copyright 2025 © Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved.

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