
215 Cove View Rd Wellfleet — Photo 1 of 41
Recent Drop: $24,900
$925,000
Investment Analysis — 215 Cove View Rd
Wellfleet, MA 02667
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 5-bedroom in 02667 carries an estimated $2,980/mo in gross rent — about a 2.29% cap rate and $21,198/yr in estimated NOI at the $925,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
2,285
Style
Single Family
Built
1973
Enjoy the best of Wellfleet and Cape Cod Bay from this spacious 5-bedroom, 3-bath home in the desirable Indian Neck area. Tucked into a private wooded setting, the property is just 0.4 miles from the Cove, 0.9 miles from Baker Beach and 1.5 miles from Indian Neck Beach, putting swimming, sunsets and days by the bay within easy reach. Designed with plenty of space for family and guests, the home features an open kitchen, dining and living area plus a second living space, offering flexibility for entertaining, relaxing, working from home or creating separate areas for guests. The kitchen and dining area open to a large deck, extending the living space outdoors and overlooking the wooded yard. Mini-splits provide cooling on both the upper and lower levels, and a classic Cape Cod outdoor shower is ready for rinsing off after the beach. With five bedrooms, three baths and multiple gathering spaces, this Wellfleet property offers the room and versatility that can be difficult to find near Cape Cod Bay. Convenient to Wellfleet’s bay and ocean beaches, village center, restaurants, galleries and the many outdoor activities that make the Outer Cape special, 215 Cove View Road is well suited as a year-round residence, Cape Cod vacation home or summer retreat.
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 2,285 sq ft principal dwelling). Lot size: 18,295 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Tankless Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer • Water Softener
Neighborhood
Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstSkylight, Vaulted Ceiling(s), Closet, Flooring - Wood, Window(s) - Picture
Dining Room
Lvl FirstKitchen
Lvl Main,FirstFlooring - Wood, Dining Area, Deck - Exterior, Exterior Access, Lighting - Overhead
Family Room
Lvl BasementFlooring - Stone/Ceramic Tile, Recessed Lighting
Primary Bedroom
Lvl FirstBathroom - 3/4, Ceiling Fan(s), Closet, Flooring - Wood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCeiling Fan(s), Closet, Flooring - Wood
Bedroom 4
Lvl BasementCloset, Flooring - Stone/Ceramic Tile
Bedroom 5
Lvl BasementCloset, Flooring - Stone/Ceramic Tile
Property History
$925,000
Was $949,900
Aug 31, 2026
MLS® 73559612
$949,900
Aug 10, 2026
MLS® 73559612
Listing Agent: The Jorie Fleming Group
Listing Office: Compass
MLS® Number: 73559612