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Dukes
183 Upper Main St
$1,519,000
● House - Off Market

183 Upper Main St

Edgartown, MA 02539
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,059 Ft²
$999,274
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Fabulous location across the street from Cannonball Park and close to everything you would want to enjoy in the quaint village of Edgartown.  The possibilities are endless, R5 zone and the town has it designated as multiple homes. The main home has additional unfinished space on the second floor.  The detached garage also has an accessory room in the back with a shower.  Picture yourself enjoying all that Martha's Vineyard has to offer just a short distance from this sweet home.  Just minutes away you will find some of the finest restaurant's and shopping on the island.  Directly across the street is Cannonball Park.  Large back yard with plenty of parking, outside shower.  Renovations have been done to this home over the years while keeping some of the original charm.  Don't miss this fabulous opportunity.
Unit Size
1,059 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$896
Property Type
House
Property Taxes
$176
HOA Dues
-
Year Built
-

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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 #72919531)

Price History

Date / Event Date Event Price
Feb 18, 2022 Sold
Premium
Sold
Nov 12, 2021 Listed by William Raveis R.E. & Home Services $949,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 12,360
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000284
  • Standard Land Use Code: 1100
  • County Land Use Code: 109

Neighborhood

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

Geography

  • Account Number: D4610
  • Parcel: EDGA M:020C B:0018 L:
  • Block: 18
  • Municipality: EDGARTOWN
  • Latitude: 41.392
  • Longitude: -70.5218

    Address

  • Full Address: 183 Upper Main St
  • Address - House Number: 183
  • Address - Street Name: Upper Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Edgartown
  • Zip Code: 02539

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $369,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2208
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 55
  • Final Value: 1,754,736
  • High Value: 2,142,331
  • Low Value: 1,367,140

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,448,800
  • Assessed Land Value: $703,200
  • Assessed Improvements Value: $745,600

    Sales

  • Current Sale Contract Date: Feb 17, 2022
  • Current Sale Recording Date: Feb 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1033
  • Previous Sale Recording Date: Nov 16, 2015
  • 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

$1,038

Below Asking

0.01%

Average Days on Market

80

Average Home Size

3045 ft²

Average Home Age

43.1 years

Currently For Sale

88 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# 72919531

Frequently Asked Questions

When was property at 183 Upper Main Street built and last sold?
The property at 183 Upper Main Street was built in and last sold on Feb 17, 2022 for $1,519,000.
How much is this home worth?
The estimated value of the home located at 183 Upper Main Street is $1,047,395.
What are some comparable homes to 183 Upper Main Street?
There are currently no comparable homes to 183 Upper Main Street.
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