131 North Water St -Rowley Cottage #62 Edgartown — Photo 1 of 20
$2,425,000
Investment Analysis — 131 North Water St -Rowley Cottage #62
Edgartown, MA 02539
Based on HUD Small Area Fair Market Rent for Dukes County, MA, a 2-bedroom in 02539 carries an estimated $2,320/mo in gross rent — about a -1.97% cap rate and $-47,752/yr in estimated NOI at the $2,425,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
895
Style
Condominium
Built
2011
LUXURIOUS LIVING AWAITS at the iconic Harbor View Hotel Captain Collins Cottage. Unit 62 at 131 N. Water Street is a beautifully appointed 865± sq. ft., second-floor condominium featuring 2 bedrooms and 2 baths in the heart of Edgartown. This fully managed, turnkey residence offers effortless Vineyard ownership with access to the Harbor View Hotel’s renowned amenities and services. Coastal-inspired interiors feature high ceilings, abundant natural light, a propane fireplace, and an inviting open living area. The well-equipped kitchenette includes a cook-top stove, microwave, and refrigerator/freezer. An outdoor shower adds to everyday convenience. Owners enjoy concierge services, daily housekeeping, a fitness center, heated salt-water pool and gas fire pits.This landmark property offers a rare opportunity to enjoy the Vineyard lifestyle with convenience and peace of mind.
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 MLS and other third-party data may be inaccurate or out of date.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
Dishwasher • Microwave • Refrigerator • Freezer • Washer • Dryer • Cooktop
Neighborhood
Public Transportation • Shopping • Bike Path • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second22.916666666 x 12.75
Flooring - Hardwood, Exterior Access, High Speed Internet Hookup, Open Floorplan
Master Bedroom
Lvl Second13 x 12.75
Bathroom - Full, Closet, Flooring - Wall to Wall Carpet, Cable Hookup, Deck - Exterior, Exterior Access, Beadboard
Bedroom 2
Lvl Second9.666666666 x 12.75
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce
Listing Agent: Michele Lawlor
Listing Office: Lillian Montalto Signature Properties
MLS® Number: 73553676
