7 Pip'n Circle Edgartown — Photo 1 of 41
$2,195,000
Investment Analysis — 7 Pip'n Circle
Edgartown, MA 02539
Based on HUD Small Area Fair Market Rent for Dukes County, MA, a 5-bedroom in 02539 carries an estimated $3,430/mo in gross rent — about a 1.24% cap rate and $27,141/yr in estimated NOI at the $2,195,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3.5
SqFt
2,628
Style
Single Family
Built
1979
Life on Chappaquiddick has a rhythm all its own — and this exceptional compound is designed to savor every moment of it.Set on three park-like acres of meadows and woodland, two freshly painted log cabin-style homes offer a private world apart. The three-bedroom main house is open and generous, with living spaces that flow seamlessly from inside to out. The two-bedroom guest house is its own considered retreat, complete with covered porch, back deck, and outdoor shower. An oversized garage with loft provides additional space to gather and unwind.A circular drive and pea stone pathways connect the buildings across beautifully layered grounds. Adirondack chairs ring a custom firepit for late nights under the stars; a sauna and cold plunge pool on a bluestone patio create your own personal spa. An enclosed garden, garden shed, and multiple outbuildings complete the setting — your own private park among Martha’s Vineyard most beautiful natural setting.
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 2,628 sq ft principal dwelling). Lot size: 132,858 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Oven • Dishwasher • Microwave • Indoor Grill • Range • Refrigerator • Freezer • Washer • Dryer • ENERGY STAR Qualified Refrigerator
Neighborhood
Walk/Jog Trails • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstWood / Coal / Pellet Stove, Beamed Ceilings, Vaulted Ceiling(s), Flooring - Wood, Deck - Exterior, Open Floorplan
Dining Room
Lvl Main,FirstFlooring - Wood, Open Floorplan
Kitchen
Lvl Main,FirstFlooring - Stone/Ceramic Tile, Dining Area, Kitchen Island, Breakfast Bar / Nook, Open Floorplan, Stainless Steel Appliances
Family Room
Lvl FirstListing Agent: Dawn Bellante
Listing Office: Sandpiper Realty, Inc.
MLS® Number: 73520213