23 Hamblen Way Edgartown — Photo 1 of 11
$1,175,000
Investment Analysis — 23 Hamblen Way
Edgartown, MA 02539
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 2.38% cap rate and $27,922/yr in estimated NOI at the $1,175,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
770
Style
Single Family
Built
1972
Walk or Bike to Edgartown — Renovated & Move-In Ready. Fully furnished 3-bedroom home for year-round or vacation living, new roof & hot water heater, extensively renovated in 2014 (walls, windows, doors, insulation, gutters, siding). Open floor plan with cathedral ceilings and a wall of windows highlighting the beautiful views and natural light. Sliding doors open to a grill area and wide wraparound deck spanning three sides of the house — ideal for entertaining or relaxing outdoors. Large outdoor shower. Half-acre lot; Title V passed for 3 bedrooms. Prime location on Hamblen Way, convenient to the trails and conservation land at the Caroline Tuthill Preserve, with bike path access to Edgartown, Oak Bluffs, Vineyard Haven, and Bend in the Road Beach. Just half a mile to Upper Main Street's shops and restaurants, six-tenths of a mile to historic Edgartown Village and the waterfront. Private and peaceful, yet close to it all. Ring camera in use.
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: 385 sq ft (the lesser of 900 sq ft or half the 770 sq ft principal dwelling). Lot size: 21,780 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
Amenities & Appliances
Electric Water Heater • Range • Microwave • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Walk/Jog Trails • Bike Path • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCathedral Ceiling(s), Ceiling Fan(s), Beamed Ceilings, Flooring - Vinyl, Deck - Exterior, Exterior Access, Open Floorplan, Slider
Dining Room
Lvl Main,FirstVaulted Ceiling(s), Flooring - Laminate, Open Floorplan, Lighting - Pendant
Kitchen
Lvl Main,FirstVaulted Ceiling(s), Flooring - Vinyl, Dining Area, Open Floorplan
Master Bedroom
Lvl FirstCloset, Flooring - Vinyl
Bedroom 2
Lvl FirstBedroom 3
Lvl SecondVaulted Ceiling(s), Closet
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower, Closet, Flooring - Vinyl
Listing Agent: Dawn Bellante
Listing Office: Sandpiper Realty, Inc.
MLS® Number: 73570229