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Dukes
1 Nickel
$280,000
● House - Off Market

1 Nickel

Edgartown, MA 02539
bedrooms
3 Beds
bathrooms
2 Baths
square feet
960 Ft²
$904,174
RealtyHop Estimate
115.28%
Since Jan 1, 2013
National-US
Primary Model

About This Property

Bank Owned Property being Sold AS-IS. All financed offers must be submitted with a Bank of America pre-qual letter. Please allow 2-3 days for banks response.  Cape Style home located on a large .69 acre lot. 3 bedrooms 2 baths. 2/1 on first floor 1/1 in lower level. Second floor is unfinished. Large garage with finished heated space with full bath ideal for office or artist/writers studio. SELLER SAYS BRING ANY AND ALL OFFERS !!!!!!
Unit Size
960 Ft²
Days on Market
-
Land Size
-
Price per sqft
$438
Property Type
House
Property Taxes
$192
HOA Dues
-
Year Built
1998

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #71418440)

Price History

Date / Event Date Event Price
Jan 4, 2016 Sold
Premium
Sold
Nov 15, 2012 Sold
Premium
Sold
Aug 4, 2012 Listed by RE/MAX On Island $420,000
Listed by RE/MAX On Island

Property Highlights

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,056
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGARTOWN
  • Land Acres: 0000000690
  • Standard Land Use Code: 1100
  • County Land Use Code: 109

Neighborhood

  • School District Name: Martha's Vineyard School District
  • Census Tract: 200300

Geography

  • Parcel: EDGA M:0021 B:0032 L:1
  • Block: 32
  • Lot: 1
  • Municipality: EDGARTOWN
  • Latitude: 41.3938
  • Longitude: -70.5341

    Address

  • Full Address: 1 Nickel Ln
  • Address - House Number: 1
  • Address - Street Name: Nickel
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Edgartown
  • Carrier Code: C039
  • 4-Digit Zip Code: 7057
  • Zip Code: 02539

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $279,100

    Appraisal Valuation

  • Standard Deviation: 0.214
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 57
  • Final Value: 1,442,347
  • High Value: 1,751,073
  • Low Value: 1,133,620

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,094,500
  • Assessed Land Value: $340,000
  • Assessed Improvements Value: $754,500

    Sales

  • Current Sale Recording Date: Jan 04, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15
  • Previous Sale Recording Date: Nov 15, 2012
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Dukes

Stats & Trends

Median Asking:

$2,200,000

Sale Price/ft²

$1,039

Below Asking

0.01%

Average Days on Market

80

Average Home Size

3052 ft²

Average Home Age

43.4 years

Currently For Sale

86 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71418440

Frequently Asked Questions

When was property at 1 Nickel Lane built and last sold?
The property at 1 Nickel Lane was built in 1998 and last sold on Jan 1, 1970 for $665,000.
How much is this home worth?
The estimated value of the home located at 1 Nickel Lane is $444,978.
What are some comparable homes to 1 Nickel Lane?
There are currently no comparable homes to 1 Nickel Lane.
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