92 Rainbow Ave Falmouth — Photo 1 of 42
Recent Drop: $76,000
$1,099,000
Investment Analysis — 92 Rainbow Ave
Falmouth, MA 02536
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 4-bedroom in 02536 carries an estimated $3,550/mo in gross rent — about a 2.41% cap rate and $26,532/yr in estimated NOI at the $1,099,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
4.5
SqFt
2,772
Style
Single Family
Built
2022
Spacious, move-in-ready home designed for comfortable living and entertaining! This versatile property features 4.5 baths, two primary suites (including a private first floor suite), additional bedrooms, and a fully finished basement. The bright kitchen offers granite countertops, gas range, island seating, and a dining area overlooking the backyard. Enjoy a welcoming living room with ample seating and space to gather.Upstairs includes a primary suite with walk-in closet, plus two additional bedrooms and full bath. The finished basement adds incredible bonus space with a full bath, kitchenette, and flexible living/entertaining areas.Step outside to a fully fenced yard complete with playground, hot tub, fire pit, and outdoor dining—perfect for everyday living or hosting. Additional highlights include solar panels, great rental history and convenient location. A must-see home with space for everyone!
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 2,772 sq ft principal dwelling). Lot size: 15,010 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Tankless Water Heater • Range • Dishwasher • Microwave • Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Washer
Neighborhood
Shopping • Golf • Conservation Area • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Open Floorplan, Recessed Lighting, Lighting - Overhead
Dining Room
Lvl FirstFlooring - Hardwood, Deck - Exterior, Open Floorplan, Slider
Kitchen
Lvl FirstFlooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Gas Stove, Lighting - Overhead
Primary Bedroom
Lvl Main,FirstBathroom - Full, Closet, Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
Property History
$1,099,000
Was $1,149,000
Sep 13, 2026
MLS® 73505404
$1,149,000
Was $1,175,000
Jun 5, 2026
MLS® 73505404
$1,175,000
Apr 22, 2026
MLS® 73505404
Listing Agent: Kevin Cosgrove
Listing Office: Kinlin Grover Compass
MLS® Number: 73505404