Dukes
11A Duarte Circle
4
Map
$1,875,000
↓ $175K (8.5%)
●
Land -
For Sale
11A Duarte Circle
Edgartown, MA 02539
Studio
0 Bath
$9,329
Est. Monthly
0.69%
Cap Rate
About This Property
Nestled in the HEART OF KATAMA, ready-to-build unique deep lot
offers the opportunity to create your DREAM COMPOUND mins to
Edgartown Center & South Beach. Set back on a pristine cul-de-sac
this property provides unparalleled privacy for a home in Katama w/
a country vibe. 6 BR COMPOUND allows a MAIN HOUSE, GUEST HOUSE,
GARAGE & has amble space for outdoor entertaining w/ an in-ground
pool, pool house/kitchen etc. In a small enclave w/ several new
5-6-million-dollar homes on oversized lots w/ natural buffers,
enjoy unparalleled privacy w/ quick access to Edgartown Village
shops, restaurants, beaches while walking, running or biking from
your doorstep. Water sport enthusiasts have access from Wilson's
Landing for kayaking, paddle boarding or boating to enjoy the Land
Bank beach & Great Pond. Build to reflect your style & budget in
one of the most desirable locations in Edgartown. Architectural
renditions are underway to inspire & ensure a seamless transition
from vision to construction.
Unit Size
-
Days on Market
-
Land Size
0.56 acres
Price per sqft
-
Property Type
Land
Property Taxes
$122
HOA Dues
-
Year Built
2016
Listed By
Dave White
OwnerEntry.com
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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: 10 months ago (MLSPIN #73336843)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2025 | Price Decreased |
$1,875,000
↓ $175K
(8.5%) | |
| Price Decreased | |||
| Feb 20, 2025 | Listed by OwnerEntry.com | $2,050,000 | |
| Listed by OwnerEntry.com | |||
| Dec 20, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 11, 2024 | Listed by OwnerEntry.com | $2,050,000 | |
| Listed by OwnerEntry.com | |||
| | |||
|
Nestled in the HEART of KATAMA, this vacant lot offers an opportunity to build your Dream Compound on a private, quiet dead-end street, approximately 1.5 miles from Edgartown Center & South Beach. The conforming deep R-20 level lot supports SIX BEDROOMS (on sewer) allowing a Main and GUEST HOUSE (after 5 years) Garage, Pool, Pool House and more. Offering extraordinary privacy being set toward the back of cul-de-sac on a quaint, well-maintained enclave of 10 homes, several 5-6-million-dollar new homes on oversized lots with natural buffers and deep set-backs maximizing privacy. The pristine cul-de-sac offers unparalleled privacy for a home in Katama with a country vibe. The location offers quick access to Edgartown Village shops, restaurants, beaches, bike paths and walking and running from your doorstep. Water sport enthusiasts have access to the Edgartown Great Pond from Wilson's Landing for kayaking, paddle boarding or motorboating across the pond to enjoy the Land Bank beach.
| |||
| Dec 1, 2022 | Sold | ||
| Sold | |||
Property Highlights
Exterior Details
Waterfront Features: Bay Access, Harbor, Ocean, Beach Ownership(Public)
Building Area Units: Square Feet
Lot Features: Level, Cleared, Cul-De-Sac, Lot Staked
Lot Size Area: 0.56
Lot Size Units: Acres
Lot Size Acres: 0.56
Lot Size Square Feet: 24394
Water Source: At Street
Financial Details
Tax Assessed Value: $574,900
Tax Annual Amount: $1,466
Utilities Details
Sewer : Public Sewer, Other, On-Site
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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