17 Chapman La Edgartown — Photo 1 of 26
$1,395,000
Investment Analysis — 17 Chapman La
Edgartown, MA 02539 — Edgartown
Based on HUD Small Area Fair Market Rent for Dukes County, MA, a 3-bedroom in 02539 carries an estimated $3,230/mo in gross rent — about a 1.93% cap rate and $26,943/yr in estimated NOI at the $1,395,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,066
Style
Single Family
Built
1973
Opportunity Knocks - Located within close proximity to Edgartown Village shops, restaurants, parks, and everyday conveniences, this fixer upper offers the rare chance to renovate in a location that truly shines. This property is full of potential for buyers, investors, or renovators looking to create something special. Bring your vision and transform this property into your signature retreat, while building value in a sought-after location. A fantastic opportunity to customize, restore, and make it your own. NOTE: Being sold as-is; estate rules apply. Sale is subject to probate approval and court confirmation.
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: 533 sq ft (the lesser of 900 sq ft or half the 1,066 sq ft principal dwelling). Lot size: 11,104 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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: Wendy Harman
Listing Office: Compass
MLS® Number: 73490019