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Dukes
8 Ryans Way
Photo of 8 Ryans Way
Sold on Jun 16, 2010

1

Map

$555,000
● House - Off Market

8 Ryans Way

Oak Bluffs, MA 02557
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,840 Ft²
$1,157,881
RealtyHop Estimate
110.52%
Since Jul 1, 2010
National-US
Primary Model

About This Property

Bank Owned property located in Oak Bluffs.  Next to a school situated on a large lot with an above ground pool, office and in law apartment.  There's plenty of room for the entire family plus some.  All offers must be accompanied by a Wells Fargo approval or verification of funds.  Property is being sold as is.  No information on septic or any mechanicals.
Unit Size
3,840 Ft²
Days on Market
-
Land Size
1.39 acres
Price per sqft
$143
Property Type
House
Property Taxes
$431
HOA Dues
-
Year Built
1997

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71037284)

Price History

Date / Event Date Event Price
May 28, 2010 Sold
Premium
Sold
Feb 24, 2010 Listed $550,000
Listed
Oct 19, 2009 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • 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: 2
  • 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: 60,592
  • Total Building Area: 3,840
  • Gross Building Area: 7,203
  • Building Area: 3,840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,840
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK BLUFFS
  • Land Acres: 0000001391
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

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

Geography

  • Account Number: 4526
  • Parcel: OAKB M:0056 B:0015 L:001
  • Block: 15
  • Lot: 1
  • Municipality: OAK BLUFFS
  • Latitude: 41.4163
  • Longitude: -70.5897

    Address

  • Full Address: 8 Ryans Way
  • Address - House Number: 8
  • Address - Street Name: Ryans
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Oak Bluffs
  • Carrier Code: C057
  • 4-Digit Zip Code: 7194
  • Zip Code: 02557

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $847,600

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 68
  • Final Value: 1,710,114
  • High Value: 2,099,072
  • Low Value: 1,321,157

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,620,600
  • Assessed Land Value: $606,800
  • Assessed Improvements Value: $1,013,800

    Sales

  • Current Sale Recording Date: May 28, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 3200
  • Previous Sale Recording Date: Oct 19, 2009
  • Previous Sale Amount: $540,000
  • Previous Sale Document Type: 34
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:

$1,850,000

Sale Price/ft²

$1,012

Below Asking

0.01%

Average Days on Market

77

Average Home Size

2946 ft²

Average Home Age

50.6 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# 71037284

Frequently Asked Questions

When was property at 8 Ryans Way built and last sold?
The property at 8 Ryans Way was built in 1997 and last sold on Jan 1, 1970 for $555,000.
How much is this home worth?
The estimated value of the home located at 8 Ryans Way is $0.
What are some comparable homes to 8 Ryans Way?
There are currently no comparable homes to 8 Ryans Way.
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