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148 Days on market
7 Overview Lane Oak Bluffs — Photo 1 of 14

7 Overview Lane Oak Bluffs — Photo 1 of 14

$5,100,000

Investment Analysis — 7 Overview Lane

Oak Bluffs, MA 02557 — Oak Bluffs

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 -0.03% cap rate and $-1,582/yr in estimated NOI at the $5,100,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

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Baths

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SqFt

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Style

Residential

Built

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A rare opportunity to own a 2.4-acre buildable lot within the prestigious Farm Neck Association on Martha's Vineyard. Perfectly situated overlooking the lush greens of Farm Neck Golf Club, this remarkable property also offers picturesque water views of Sengekontacket Pond and the distant Vineyard Sound. Design and build your dream home in this sought-after location. As a homeowner in Farm Neck, you'll enjoy exclusive access to the association’s private dock on Sengekontacket Pond, ideal for kayaking, paddleboarding, and more. This offering also includes a highly coveted stockholder membership to Farm Neck Golf Club, making it a truly unique and valuable investment.

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 MLS and other third-party data may be inaccurate or out of date.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$5,100,000
Annual Taxes$5,842
HOA Fee$975

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPrivate
SewerPrivate Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningR2 & R3

Property & Lot

Acres2.34
SqFt Lot101,930
Lot FeaturesElevated, Sloped, Wooded

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Walk/Jog Trails • Golf • Bike Path

Geography

Listing Provided By

Listing Agent: Alyssa Halisky

Listing Office: Wallace & Co. Sotheby's International Realty

MLS® Number: 73503350