Active
70 Days on market
40 Hidden Cove Road Unit 2 #2 Oak Bluffs — Photo 1 of 28

40 Hidden Cove Road Unit 2 #2 Oak Bluffs — Photo 1 of 28

$1,595,000

Investment Analysis — 40 Hidden Cove Road Unit 2 #2

Oak Bluffs, MA 02557 — Hillside Homes

Based on HUD Small Area Fair Market Rent for Dukes County, MA, a 3-bedroom in 02557 carries an estimated $3,210/mo in gross rent — about a 1.30% cap rate and $20,798/yr in estimated NOI at the $1,595,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3.5

SqFt

2,739

Style

Single Family

Built

1983

Enjoy timeless summers at this Hidden Cove condo, where days begin with a paddle on Sengekontacket Pond, afternoons are spent between the pool and tennis courts, and evenings end on the deck after a day spent exploring the island. This three-bedroom unit has distant water views and offers an easy, multi-level floor plan with open living spaces, a private primary suite, two guest bedrooms, a detached garage, and exclusive access to Hidden Cove's sought-after amenities, including a private boat launch. Just minutes from Oak Bluffs, Farm Neck Golf Club, beaches, and the bike path, this is a place where generations return to create the kind of Martha's Vineyard summers that never go out of style.

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 MLS and other third-party data may be inaccurate or out of date.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$1,595,000
Annual Taxes$8,477
HOA Fee$25702

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms7
Fireplaces1
Flooring--
BasementPartial, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingDuctless
CoolingDuctless
WaterPublic
SewerInspection Required for Sale

Building & Exterior

Construction--
Roof--
FoundationBlock
ZoningR3

Property & Lot

Acres--
SqFt Lot--
Lot FeaturesSloped

Amenities & Appliances

Electric Water Heater

Geography

Floorplan Breakdown

Structural Layout

Second
Master Bedroom
First
Living RoomDining RoomKitchenFamily Room
Basement
Bedroom 2Bedroom 3
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl First
Master Bedroom
Lvl Second
Bedroom 2
Lvl Basement
Bedroom 3
Lvl Basement
Listing Provided By

Listing Agent: Rose Ryley

Listing Office: Century 21 North East Homes

MLS® Number: 73544610