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Dukes
10 Lawrence Avenue
$825,000
● House - Off Market

10 Lawrence Avenue

Oak Bluffs, MA 02557
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,000 Ft²
$1,493,538
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

Beautifully constructed home close to downtown Oak Bluffs. This comfortable three bedroom Colonial is equipped with all the modern conveniences. Central air, beautiful custom kitchen, hardwood floors on the first level, tile in the bathrooms and carpet in all of the bedrooms upstairs. In the living room there is a stone front fire place. Enjoy family time in the screened in porch. The home has a one car attached garage, and a full, dry basement. There is a nicely landscaped yard with a patio and an outdoor shower. The yard is equipped with an irrigation system. Less than a mile to Oak Bluffs town, harbor, shopping and ferry. Don't miss this opportunity!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$425
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
2008

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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: 6 months ago (MLSPIN #71926651)

Price History

Date / Event Date Event Price
Feb 1, 2016 Sold
Premium
Sold
Nov 2, 2015 Listed by Island Real Estate $849,000
Listed by Island Real Estate
May 27, 2008 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 5,950
  • Total Building Area: 1,893
  • Gross Building Area: 3,572
  • Building Area: 1,893
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,893
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000137
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Martha's Vineyard School District
  • Census Tract: 200200

Geography

  • Account Number: 1223
  • Parcel: OAKB M:0008 B:0215 L:000
  • Block: 215
  • Municipality: OAK BLUFFS
  • Latitude: 41.4577
  • Longitude: -70.567

    Address

  • Full Address: 10 Lawrence Ave
  • Address - House Number: 10
  • Address - Street Name: Lawrence
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Oak Bluffs
  • Zip Code: 02557

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $741,300

    Appraisal Valuation

  • Standard Deviation: 0.3054
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 59
  • Final Value: 1,572,473
  • High Value: 2,014,430
  • Low Value: 1,130,516

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,417,400
  • Assessed Land Value: $508,500
  • Assessed Improvements Value: $908,900

    Sales

  • Current Sale Recording Date: Feb 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 668
  • Previous Sale Recording Date: May 27, 2008
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: 27
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

$1,040

Below Asking

0.01%

Average Days on Market

80

Average Home Size

3124 ft²

Average Home Age

44.6 years

Currently For Sale

82 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: 6 months ago
Data Source: MLS PIN, MLS# 71926651

Frequently Asked Questions

When was property at 10 Lawrence Avenue built and last sold?
The property at 10 Lawrence Avenue was built in 2008 and last sold on Jan 1, 1970 for $825,000.
How much is this home worth?
The estimated value of the home located at 10 Lawrence Avenue is $925,709.
What are some comparable homes to 10 Lawrence Avenue?
There are currently no comparable homes to 10 Lawrence Avenue.
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