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Dukes
1 Town Lot Cir
$1,336,500
● House - Off Market

1 Town Lot Cir

Edgartown, MA 02539
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,033 Ft²
$2,600,412
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

Casual Elegance in Katama.  You will find this custom built 3 story 4,000 square foot home is perfectly appointed for entertaining and enjoying all that Katama has to offer. The expansive wrap around porch welcomes you and draws you into the dramatic foyer boasting a gorgeous circular staircase that is a true work of art and the centerpiece for this impressive showplace.  Sunlight floods the First floor living room, dining area and gourmet kitchen through the oversized, custom designed doors and windows.  This South Beach vacation retreat offers 2 master suites with luxurious baths.  Sea breezes and salty scents can be enjoyed from the many decks and balconies.  You will not want to miss this incomparable value in Katama.
Unit Size
4,033 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$346
Property Type
House
Property Taxes
$577
HOA Dues
-
Year Built
2009

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 4 months ago (MLSPIN #71723762)

Price History

Date / Event Date Event Price
Sep 29, 2014 Sold
Premium
Sold
Aug 4, 2014 Listed by RE/MAX On Island $1,395,000
Listed by RE/MAX On Island

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 22,630
  • Total Building Area: 4,033
  • Gross Building Area: 8,172
  • Building Area: 4,033
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,033
  • Heating Fuel Type: 8

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000520
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: EDGA M:0046 B:0026 L:
  • Block: 26
  • Municipality: EDGARTOWN
  • Latitude: 41.3546
  • Longitude: -70.5029

    Address

  • Full Address: 1 Town Lot Cir
  • Address - House Number: 1
  • Address - Street Name: Town Lot
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Edgartown
  • Carrier Code: R007
  • 4-Digit Zip Code: 8915
  • Zip Code: 02539

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $937,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2395
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 4,264,135
  • High Value: 5,285,809
  • Low Value: 3,242,461

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $3,674,700
  • Assessed Land Value: $705,600
  • Assessed Improvements Value: $2,969,100

    Sales

  • Current Sale Recording Date: Sep 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 79615
  • Previous Sale Recording Date: Mar 21, 2012
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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:

$1,872,500

Sale Price/ft²

$1,014

Below Asking

0.01%

Average Days on Market

76

Average Home Size

2922 ft²

Average Home Age

51.4 years

Currently For Sale

92 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71723762

Frequently Asked Questions

When was property at 1 Town built and last sold?
The property at 1 Town was built in 2009 and last sold on Jan 1, 1970 for $1,336,500.
How much is this home worth?
The estimated value of the home located at 1 Town is $1,653,523.
What are some comparable homes to 1 Town?
There are currently no comparable homes to 1 Town.
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