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Dukes
8 Perkins Avenue
Photo of 8 Perkins Avenue
Sold on May 19, 2010

1

Map

$297,500
● House - Off Market

8 Perkins Avenue

Oak Bluffs, MA 02557
bedrooms
1 Bed
bathrooms
1 Bath
square feet
728 Ft²
$683,554
RealtyHop Estimate
110.32%
Since Jun 1, 2010
National-US
Primary Model

About This Property

Location, location, location.  Casual Vineyard Style.  This home situates you in the heart of all that Oak Bluffs has to offer:  1/10 mile to the Arts District, 2/10 mile to the Campground, and less than 1/2 mile to the harbor.  When you seek tranquility, enjoy the wraparound deck overlooking the established vegetable garden and mature plantings.  Recent improvements include a new roof in 2006 and a retractable awning in 2008. Full walkout basement divided into two areas with high ceilings.
Unit Size
728 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$446
Property Type
House
Property Taxes
$94
HOA Dues
-
Year Built
1983

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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: 2 years ago (MLSPIN #71043629)

Price History

Date / Event Date Event Price
May 20, 2010 Sold
Premium
Sold
Mar 8, 2010 Listed $325,000
Listed
Mar 10, 2005 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 5,227
  • Total Building Area: 728
  • Gross Building Area: 1,862
  • Building Area: 728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • 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: 1884
  • Parcel: OAKB M:0011 B:0275 L:001
  • Block: 275
  • Lot: 1
  • Municipality: OAK BLUFFS
  • Latitude: 41.4529
  • Longitude: -70.5681

    Address

  • Full Address: 8 Perkins Ave
  • Address - House Number: 8
  • Address - Street Name: Perkins
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Oak Bluffs
  • Carrier Code: C057
  • 4-Digit Zip Code: 7151
  • Zip Code: 02557

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $366,000

    Appraisal Valuation

  • Standard Deviation: 0.3071
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 59
  • Final Value: 882,143
  • High Value: 1,130,503
  • Low Value: 633,783

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $699,900
  • Assessed Land Value: $462,100
  • Assessed Improvements Value: $237,800

    Sales

  • Current Sale Recording Date: May 20, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2972
  • Previous Sale Recording Date: Mar 10, 2005
  • Previous Sale Amount: $150,000
  • 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:

$1,945,000

Sale Price/ft²

$1,019

Below Asking

0.01%

Average Days on Market

76

Average Home Size

2922 ft²

Average Home Age

51 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

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71043629

Frequently Asked Questions

When was property at 8 Perkins Road built and last sold?
The property at 8 Perkins Road was built in 1983 and last sold on Jan 1, 1970 for $297,500.
How much is this home worth?
The estimated value of the home located at 8 Perkins Road is $0.
What are some comparable homes to 8 Perkins Road?
There are currently no comparable homes to 8 Perkins Road.
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