2 Jefferson Rd. Bourne — Photo 1 of 42
Recent Drop: $105,000
$2,995,000
Investment Analysis — 2 Jefferson Rd.
Bourne, MA 02532 — Gray Gables
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 5-bedroom in 02532 carries an estimated $3,390/mo in gross rent — about a 0.61% cap rate and $18,234/yr in estimated NOI at the $2,995,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
4.5
SqFt
3,355
Style
Single Family
Built
1935
Welcome to Gray Gables, one of Cape Cod's most treasured waterfront villages. Nestled along Bell Cove with front-rowviews of the Cape Cod Canal, this exceptional property offers a lifestyle that feels worlds away. The main residence has beencompletely renovated, while the guest cottage was taken down and rebuilt, with exceptional attention to detail in the construction,finishes, and landscape design. Views are enjoyed from nearly every room, creating a constant connection to the water, wildlife, andchanging light. Outdoor spaces are beautifully planned for relaxing, entertaining, and taking in spectacular sunsets over the canal.Here, mornings begin with peaceful walks along the shoreline, watching osprey, herons, and migratory birds. Gray Gables is known forits welcoming community, neighborhood beach, canal cruises, and rich history. More than a waterfronthome, this is a place to create memories for generations. Buyers and agents are responsible for verifying all information
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 3,355 sq ft principal dwelling). Lot size: 28,430 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Electric Water Heater
Geography
Property History
$2,995,000
Was $3,100,000
Sep 9, 2026
MLS® 73535863
$3,100,000
Jun 15, 2026
MLS® 73535863
Listing Agent: Ellen Valentgas
Listing Office: Sotheby's International Realty
MLS® Number: 73535863