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554 Falmouth Hwy

Falmouth, MA 02540

3 bd 3 ba 1,642 sqft Built 1965 Lot 35,284 sqft single_family
Most recent sale
$654,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $654,000 MLS #22201002
Mar 14, 2022 Listed $624,900 MLS #22201002

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,765,500 $366,000 $2,131,500 $12,512
2023 $258,200 $254,900 $513,100 $3,551
2022 $180,500 $188,200 $368,700
2021 $161,400 $188,200 $349,600
2020 $161,400 $171,100 $332,500
2019 $158,000 $171,100 $329,100
2018 $141,200 $171,100 $312,300
2017 $139,500 $171,100 $310,600
2016 $139,500 $171,100 $310,600
2015 $139,500 $171,100 $310,600

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,642 sqft
Lot size
35,284 sqft
ZIP code
02540
City
Falmouth
Street
Falmouth Hwy
Coordinates
41.60014, -70.63816

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,762
Gross rental yield
8.74%
Implied cap rate
5.68%
Trend-extrapolated value

Frequently asked questions

When did 554 Falmouth Hwy last sell?
554 Falmouth Hwy most recently sold on May 31, 2022 for $654,000.
What is the current tax assessment for 554 Falmouth Hwy?
The most recent total assessment for 554 Falmouth Hwy (year 2025) is $2,131,500 with $12,512 in property tax.
How does 554 Falmouth Hwy's assessment compare to its last sale price?
The current assessment is 225.9% above the last sale price of $654,000.
When was 554 Falmouth Hwy built?
554 Falmouth Hwy was built in 1965.
How does 554 Falmouth Hwy compare to others on Falmouth Hwy?
We track 8 other properties on Falmouth Hwy. Browse the list under "Other properties on Falmouth Hwy" to compare beds, baths, and sale history.
What are the property facts for 554 Falmouth Hwy?
554 Falmouth Hwy is a 3 bed, 3 bath, 1,642 sqft, 35,284 sqft lot single_family.
Is 554 Falmouth Hwy a flip candidate?
No — 554 Falmouth Hwy does not appear in our flips dataset.
Is 554 Falmouth Hwy a tax-appeal candidate?
Yes — 554 Falmouth Hwy 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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