Active
192 Days on market
112 Dukes County Oak Bluffs — Photo 1 of 7

112 Dukes County Oak Bluffs — Photo 1 of 7

Recent Drop: $50,000

$599,000
$549,000

$549,000

Investment Analysis — 112 Dukes County

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 2.59% cap rate and $14,230/yr in estimated NOI at the $549,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

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Downtown Oak Bluffs B1-zoned parcel offering a rare mixed-use development opportunity in one of Martha’s Vineyard’s most iconic and active locations. Conveniently located near Inkwell Beach, Oak Bluffs Harbor, the Steamship Authority, day-trip ferry services, Circuit Avenue, and Ocean Park.This level lot includes an existing poured concrete foundation and Martha’s Vineyard Commission–approved plans by Sullivan & Associates Architects for a classic Vineyard-style, 2.5-story mixed-use building. The design includes ground-floor commercial space and two one-bedroom residential apartments, creating three rentable units in total.With plans in place and foundational work already completed, the property offers a clear path forward as a mixed-use development or, alternatively, the opportunity to construct a traditional two-bedroom residence in downtown Oak Bluffs.

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 MLS and other third-party data may be inaccurate or out of date.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

Financials

Original Price$599,000
Annual Taxes$1,730

Parking

Garage0
Off-Street0

Interior Specifications

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BasementNone

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WaterPublic, On-Site
SewerPublic Sewer, On-Site

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ZoningB1

Property & Lot

Acres0.07
SqFt Lot3,200
Lot FeaturesCleared

Neighborhood

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Geography

Property History

Price Drop
$549,000

Was $599,000

Jul 21, 2026

MLS® 73482521

Listed
$599,000

Mar 4, 2026

MLS® 73482521

Listing Provided By

Listing Agent: Rose Ryley

Listing Office: Century 21 North East Homes

MLS® Number: 73482521