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388 Sea Street, Hyannis, MA, 02601

9beds
9baths
4,525sqft
$1,899,000
$420price/sqft
$12,832/moest. monthly cost
$513,280/yrincome needed

About This Home

Just 800 feet from Keyes Memorial Beach and .7 miles by sidewalk to Main Street Hyannis, 388Sea Street is a rare coastal property with scale, flexibility, and proven rental appeal. Set on .45acres with two driveways and ample parking, this extensively renovated compound offers thekind of location that works beautifully for summer living, guest stays, hospitality use, or a mixedrental model.The property is anchored by a spacious main home, which includes 6 bedrooms and 4.5 baths,along with an attached 2 bedroom, 2 bath guest suite. Tucked into the lower rear side of thebuilding is a private studio unit with its own bath, adding another layer of flexibility. A separatetwo-car garage building completes the offering with a 1 bedroom, 1 bath apartment above.Altogether, the property offers approximately 4,525 square feet, 9 bedrooms, and 8.5 bathsacross several distinct living areas.Currently used as a successful hybrid blend of vacation rental and year-round rental housing, theproperty also holds an active lodging house license from the Town of Barnstable allowing up to10 individual rental rooms and a total of 20 people on site. Its Residential Congregate Housingzoning further supports a range of potential uses, including an inn, bed and breakfast, or continued operation as a flexible income-producing property. The setting is the magic. Spend the day at Keyes Beach, head into downtown Hyannis for dinner, catch the ferries, explore the harbor, or simply enjoy the convenience of being close to so much of what makes Cape Cod such a compelling destination. For an investor, hospitality operator, or buyer seeking a substantial Hyannis property with rare permitted use, extensive renovations, and an exceptional near-beach location, 388 Sea Street is an offering with uncommon possibility.

Getting Around

36
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

1/10
3/10
Barnstable High SchoolGrades 8-121.9 mi
4/10

Construction

Condition

  • Property condition: Updated/Remodeled, Approximate
  • Year built: 1860

Materials

  • Foundation: Block
  • Roof: Asphalt
  • Construction materials: Shingle Siding

Notable Dates

  • Major remodel year: 2023

Type & Style

  • Home type: SingleFamily
  • Architectural style: Antique
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Wine Cooler,Washer,Refrigerator,Electric Range,Microwave,Electric Dryer,Electric Water Heater
  • Laundry features: Laundry Room,First Floor

Bedroom2

  • Features: Bedroom 2, Closet
  • Level: Second

Bedroom3

  • Features: Bedroom 3, Closet
  • Level: Second

Bedroom4

  • Features: Bedroom 4, Closet
  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 9
  • Full bathrooms: 8
  • 1/2 bathrooms: 1

Dining Room

  • Features: Dining Room
  • Level: First

Features

  • Recessed Lighting,Pantry,Linen Closet
  • Flooring: Vinyl,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 4,525
  • Total interior livable area: 4,525 sqft

Kitchen

  • Features: Kitchen
  • Level: First

Living Room

  • Features: Living Room
  • Level: First

Master Bedroom

  • Features: Closet
  • Level: First

Property

Details

  • Parcel number: HYAN M:306 L:182
  • Zoning: 1
  • Special condition: None

Features

  • Stories: 3
  • Entry location: First Floor
  • Patio & porch: Deck,Porch,Patio
  • Exterior features: Outdoor Shower

Lot

  • Lot size: 0.45 Acres
  • Features: In Town Location,School,Medical Facility,House of Worship,Near Golf Course,Shopping,Marina

Parking

  • Total spaces: 12
  • Parking features: Garage,Open
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,602$115,224
Home Insurance *$904$10,848
Property Taxes $1,434$17,208
Electricity $892$10,707
Total$12,832$153,984
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$439,954/yr
40% on housing$384,960/yr
45% on housing$342,186/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$420This listing

vs Other Active Listings

Avg $/sqft

ZIP 02601$431
Barnstable County$550

vs Homes Sold Last Month

Median $/sqft

ZIP 02601$412
Barnstable County$463

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Listed for sale$1,899,000
2018-09-28Sold$480,000
2018-01-13Price change$580,000
2017-09-30Price change$600,000
2017-07-14Listed for sale$639,900

For Sale by Agent

AgentFisher + Marks
BrokerageBerkshire Hathaway HomeServices Robert Paul Properties

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