
0 North 15 Belhaven Way Chilmark — Photo 1 of 10
$1,325,000
Investment Analysis — 0 North 15 Belhaven Way
Chilmark, MA 02535
Based on HUD Small Area Fair Market Rent for Dukes County, MA, a home in 02535 carries an estimated $1,760/mo in gross rent — about a 1.03% cap rate and $13,620/yr in estimated NOI at the $1,325,000 list price. Adjust every assumption in the calculator below.
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Set just off North Road, this exceptional parcel offers a rare opportunity to build in a setting rich with natural beauty. Recently subdivided, this land combines privacy, character and thoughtful positioning. The lot is perfectly sited capturing serene woodland views and the natural contours of Middle Line Ridge. A 600ft stonewall lines the western property line, creating a timeless sense of arrival, while the property itself is adorned with beautiful glacial rock formations that add texture and distinction to the landscape. Surrounded by 23 acres of protected land to the southeast, including Roaring Brook Ravine and across Tabor House and along Middle Line for an additional 45+ acres of MV Land Bank ensuring privacy and an unspoiled natural backdrop. Substantial infrastructure work has been completed through clearing and road installation.
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 MLS and other third-party data may be inaccurate or out of date.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: Stacy Ickes
Listing Office: Donnelly + Co.
MLS® Number: 73501793