For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Dukes
78 Grovedale Rd
$331,000
● House - Off Market

78 Grovedale Rd

Oak Bluffs, MA 02568
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,104 Ft²
$715,862
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

This is a bank owned home being sold as-is all offers must accompany a Bank Of America Pre-qual letter. Please allow 2-3 days for banks response to all offers.  3 Bedroom 1 bath ranch.  Located on a quiet dead end street.  Basement has one finished room as well as space that could easily be finished into a media/family room.
Unit Size
1,104 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$299
Property Type
House
Property Taxes
$189
HOA Dues
-
Year Built
1996

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #71350863)

Price History

Date / Event Date Event Price
Apr 27, 2012 Sold
Premium
Sold
Mar 13, 2012 Listed by RE/MAX On Island $329,900
Listed by RE/MAX On Island
Aug 19, 2004 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • 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: 10,200
  • Total Building Area: 1,104
  • Gross Building Area: 2,544
  • Building Area: 1,104
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,104
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000234
  • 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: 3638
  • Parcel: OAKB M:0028 B:0008 L:002
  • Block: 8
  • Lot: 2
  • Municipality: OAK BLUFFS
  • Latitude: 41.4385
  • Longitude: -70.5815

    Address

  • Full Address: 78 Grovedale Rd
  • Address - House Number: 78
  • Address - Street Name: Grovedale
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Oak Bluffs
  • Carrier Code: C057
  • 4-Digit Zip Code: 6935
  • Zip Code: 02557

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $389,500

    Appraisal Valuation

  • Standard Deviation: 0.2365
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 60
  • Final Value: 1,027,995
  • High Value: 1,308,417
  • Low Value: 747,572

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $744,700
  • Assessed Land Value: $395,500
  • Assessed Improvements Value: $349,200

    Sales

  • Current Sale Recording Date: Apr 27, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 34
  • Previous Sale Recording Date: Aug 19, 2004
  • Previous Sale Amount: $432,000
  • 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:

$1,995,000

Sale Price/ft²

$1,037

Below Asking

0.01%

Average Days on Market

77

Average Home Size

2932 ft²

Average Home Age

51.5 years

Currently For Sale

94 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71350863

Frequently Asked Questions

When was property at 78 Grovedale Road built and last sold?
The property at 78 Grovedale Road was built in 1996 and last sold on Jan 1, 1970 for $260,100.
How much is this home worth?
The estimated value of the home located at 78 Grovedale Road is $367,772.
What are some comparable homes to 78 Grovedale Road?
There are currently no comparable homes to 78 Grovedale Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Oak Bluffs Homes for Sale
Oak Bluffs Houses for Sale
Oak Bluffs Condos for Sale
Oak Bluffs Multifamily for Sale
Oak Bluffs Land for Sale
Oak Bluffs Commercial for Sale
Oak Bluffs Homes with Basements
Oak Bluffs Homes with Pools
Nearby Cities
East Falmouth Homes for Sale
New Seabury Homes for Sale
Falmouth Homes for Sale
Teaticket Homes for Sale
West Falmouth Homes for Sale
Vineyard Haven Homes for Sale
Popponesset Homes for Sale
Seabrook Homes for Sale
Nearby Property Records
Dukes County, MA Property Records
Nantucket County, MA Property Records
Barnstable County, MA Property Records
Plymouth County, MA Property Records
Newport County, RI Property Records
Bristol County, MA Property Records
Bristol County, RI Property Records
Providence County, RI Property Records
Nearby Counties
Falmouth Homes for Sale
Edgartown Homes for Sale
Tisbury Homes for Sale
West Tisbury Homes for Sale
Top Real Estate Agents
Top Agents in Oak Bluffs
Top Agents in Falmouth
Top Agents in 02536
Top Agents in 02540
Top Agents in East Falmouth
Top Agents in New Seabury
Top Agents in Edgartown
Top Agents in Falmouth