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11
Values down 10%, 6 comps back $389K
Updated 4 days ago • 3 new comps
Your Investment Paths
Turnkey Rental
The property at 120 Bearses Way shows solid rental potential in the current Hyannis market. Investors can expect monthly income between $2,050 and $2,427, supported by a healthy estimated annual rental yield of 7.26 percent. This turnkey rental opportunity offers stable income prospects in an area with consistent demand. With competitive yield figures and moderate appreciation trends, this property stands out as a reliable choice for building a local portfolio.
More about this home
Neighborhood Assessment
Downtown Hyannis on Bearses Way puts you right in the heart of Cape Cod's action. You're steps from shops, dining, beaches, marinas, and golf courses—perfect walkability for renters and buyers who want that summer vibe year-round. Nearby comps like 110 Bearses Way at ~$330K and 118 at ~$380K show solid demand for small homes like this updated 2-bed/1-bath, 480 sqft ranch. Schools are mixed though—Hyannis West Elementary rates low at 1/10, but intermediates are better at 3-4/10. It's got that in-town energy investors crave.
Market Activity
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Rental Income
$27K
Yield
7.3%
Appreciation
$611
Year 1 Estimates
Fix-and-Flip
Updated homes command a superior value, reaching $921 per square foot compared to the $860 baseline. This 7% increase highlights the impact of modern finishes, which help smaller homes shine and attract serious attention. Upgrading offers a path to higher property appeal and potential rental gains. Enhancing your space creates a fresh, inviting atmosphere that sets your home apart, making it a smart move for long-term comfort and value.
Value Add
$29K
Appreciation
$731
Post Typical Renovation
Buy-Rehab-Rent
This property offers solid potential with an estimated post-renovation value between $420,000 and $464,000. Strategically upgrading this 480-square-foot home aligns with market trends, effectively capturing value by leveraging an average price point near $920 per square foot. Annual rental income is projected at $26,202, delivering a 5.9% yield. While this return is steady, investors should carefully manage renovation costs to ensure enough equity remains for a successful cash-out refinance at scale.
Rental Income
$26K
Yield
5.9%
Appreciation
$731
Year 1 Estimates, Post Typical Renovation
Fix-and-Flip
Modernizing this cozy 480 square foot home can create a more vibrant, inviting living space. While the price per square foot shifts from $758 to $630, updating finishes offers a fresh aesthetic that captures significant buyer attention. These improvements can increase monthly rental income from $2,250 to over $2,700. Prioritizing high-quality updates enhances your daily lifestyle and positions the property as a turn-key gem, unlocking greater long-term appeal for future residents or tenants.
Comps
5
Estimated value
$370K
$19.6K below comp median
Comparative Market Analysis
$290K – $490K
~298 days to sell
Based on 6 comps
120 Bearses Way, Hyannis Investment Report: Flip & Rental Analysis · Frontflip