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87 Colonial Way

Falmouth, MA 02540

4 bd 4 ba 4,773 sqft Built 1998 Lot 33,106 sqft single_family
Most recent sale
$1,260,000
Jan 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 13, 2022 Listing removed $1,299,000 MLSPIN
Jan 13, 2022 Sold $1,260,000 MLS #22103027
Aug 14, 2021 Price changed $1,299,000 MLS #72839944
Jul 14, 2021 Price changed $1,350,000 MLS #72839944
May 31, 2021 Listed $1,390,000 MLS #72839944
May 21, 2019 Listed $1,189,000 MLS #72504209
Dec 1, 2018 Listing removed $1,239,000 MLSPIN
Oct 22, 2018 Price changed $1,239,000 MLS #72382362
Sep 25, 2018 Price changed $1,264,000 MLS #72382362
Aug 21, 2018 Listed $1,289,000 MLS #72382362

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,315,900 $381,600 $1,697,500 $9,964
2023 $819,600 $347,800 $1,167,400 $8,078
2022 $727,200 $270,900 $998,100 $8,035
2021 $645,700 $270,900 $916,600 $7,791
2020 $620,300 $246,200 $866,500 $7,443
2019 $505,600 $246,200 $751,800 $6,435
2018 $493,600 $246,200 $739,800 $6,362
2017 $481,200 $246,200 $727,400 $6,205
2016 $481,200 $246,200 $727,400 $6,088
2015 $481,200 $246,200 $727,400 $5,957
2013 $424,600 $246,300 $670,900 $5,394
2006 $400,700 $361,800 $762,500 $4,140
2005 $367,100 $304,400 $671,500 $3,915
2003 $341,800 $164,600 $506,400 $4,031

Property facts

Year built
1998
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
4,773 sqft
Lot size
33,106 sqft
ZIP code
02540
City
Falmouth
Street
Colonial Way
Coordinates
41.61203, -70.63527

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$13,842
Gross rental yield
13.18%
Implied cap rate
8.57%
Trend-extrapolated value

Frequently asked questions

When did 87 Colonial Way last sell?
87 Colonial Way most recently sold on Jan 13, 2022 for $1,260,000.
What is the current tax assessment for 87 Colonial Way?
The most recent total assessment for 87 Colonial Way (year 2025) is $1,697,500 with $9,964 in property tax.
How does 87 Colonial Way's assessment compare to its last sale price?
The current assessment is 34.7% above the last sale price of $1,260,000.
When was 87 Colonial Way built?
87 Colonial Way was built in 1998.
How does 87 Colonial Way compare to others on Colonial Way?
We track 8 other properties on Colonial Way. Browse the list under "Other properties on Colonial Way" to compare beds, baths, and sale history.
What are the property facts for 87 Colonial Way?
87 Colonial Way is a 4 bed, 4 bath, 4,773 sqft, 33,106 sqft lot single_family.
Is 87 Colonial Way a flip candidate?
No — 87 Colonial Way does not appear in our flips dataset.
Is 87 Colonial Way a tax-appeal candidate?
Yes — 87 Colonial Way appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.6%
2026 Q1
$1.92M
2026 Q2
$1.95M
ZIP 02540 — Median Price History + Forecast

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