
0 Heather Ln Oak Bluffs — Photo 1 of 1
$425,000
Investment Analysis — 0 Heather Ln
Oak Bluffs, MA 02557
Based on HUD Small Area Fair Market Rent for Dukes County, MA, a home in 02557 carries an estimated $1,750/mo in gross rent — about a 3.33% cap rate and $14,161/yr in estimated NOI at the $425,000 list price. Adjust every assumption in the calculator below.
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Rare opportunity to build your dream retreat tucked away on a quiet lane just off Wing Road. This desirable vacant lot offers the perfect blank canvas to design a custom coastal home, seasonal sanctuary, or smart island investment. Enjoy the ideal balance of residential privacy and effortless convenience, located just minutes from iconic Circuit Avenue, Oak Bluffs Harbor, scenic biking trails, town beaches, and ferry landings. Bring your vision, architect, and builder to create a bespoke sanctuary in one of the Vineyard's most vibrant communities.The property is limited to 1 bedroom and has no Title V bathroom limit.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
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Listing Agent: Jennifer Dasilva
Listing Office: Compass
MLS® Number: 73560451