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66 Days on market
132 South Rd Chilmark — Photo 1 of 34

132 South Rd Chilmark — Photo 1 of 34

$1,600,000

Investment Analysis — 132 South Rd

Chilmark, MA 02535 — Chilmark

Based on HUD Small Area Fair Market Rent for Dukes County, MA, a 3-bedroom in 02535 carries an estimated $3,240/mo in gross rent — about a 1.64% cap rate and $26,238/yr in estimated NOI at the $1,600,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3

SqFt

2,155

Style

Single Family

Built

1950

Nestled on a private, 1.9-acre lot along historic South Road in Chilmark, this charming New England retreat offers an exceptional sense of tranquility and classic Martha's Vineyard living. Built in 1950, Vineyard Home offers 2 bedrooms and 2 full bathrooms great light, cozy additional living spaces and fireplace. Multiple patios and gardens seamlessly connecting the living spaces to the surrounding natural landscape. In addition there is a one bedroom one bath guest cottage. The property features extensive parking and serene, tree-lined privacy back from the main road, serving as a peaceful getaway, investment property or year-round island home. Bring your personal updates and creative touch or begin anew and make this classic Chilmark estate your very own island legacy.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,155 sq ft principal dwelling). Lot size: 82,764 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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.

Immersive Experience

Property Details

Financials

Original Price$1,600,000
Annual Taxes$3,311

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood
BasementNone

Climate & Utilities

HeatingCentral, Electric Baseboard, Electric
CoolingCentral Air
WaterPrivate, Other
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationOther
ZoningR3

Property & Lot

Acres1.9
SqFt Lot82,764
Lot FeaturesWooded, Level

Amenities & Appliances

Electric Water Heater • Water Heater • Plumbed For Ice Maker

Neighborhood

Public Transportation • Conservation Area • Other

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenFamily RoomMaster BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl First

Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Hardwood

Family Room
Lvl First

Flooring - Wall to Wall Carpet

Master Bedroom
Lvl First

Flooring - Hardwood

Bedroom 2
Lvl First
Bathroom 1
Lvl First

Bathroom - Full

Bathroom 2
Lvl First

Bathroom - Full

Listing Provided By

Listing Agent: Lisa Da Silva

Listing Office: Compass

MLS® Number: 73546774