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18 Sylvan Avenue Tisbury — Photo 1 of 30

18 Sylvan Avenue Tisbury — Photo 1 of 30

$2,095,000

Investment Analysis — 18 Sylvan Avenue

Tisbury, MA 02568 — Lagoon

Based on HUD Small Area Fair Market Rent for Taunton-Mansfield-Norton, MA HUD Metro FMR Area, a 4-bedroom in 02568 carries an estimated $2,970/mo in gross rent — about a 0.92% cap rate and $19,269/yr in estimated NOI at the $2,095,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

4

SqFt

2,876

Style

Single Family

Built

2005

COMING SOON! Welcome to 18 Sylvan Avenue, a delightful, custom-crafted four-bedroom, four-bath, contemporary-style home set at the end of a quiet neighborhood road in Vineyard Haven. Surrounded by eight acres of conservation land, the property offers a peaceful setting with a spacious wraparound deck overlooking the natural landscape. It truly feels like its own private enclave, both inside and out. The home is in pristine, move-in-ready condition and has been thoughtfully renovated and meticulously maintained by the current owners. A welcoming entry leads directly into the open-concept space where a well appointed living room with fireplace flows into the dining area and kitchen. Positioned to the right of the entry is the primary bedroom suite, while two additional bedrooms and two bathrooms are tucked beyond the kitchen on the opposite side of the home, creating a functional and well designed layout which maximizes privacy. A finished lower level with a full bathroom and laundry provides additional flexible living space or a fourth bedroom. Skylights and sliders throughout the home fill the interior with natural light and create an easy connection to the multiple decks, beautiful mature gardens and woodlands. With an impressive rental history, this unique property is offered turnkey, making it an ideal opportunity as a year-round residence, Island retreat, or investment property. A true gem, conveniently located only 1.5 miles to Vineyard Haven’s Main Street shops, restaurants and ferry terminal, and only 5 miles to all that downtown Oak Bluffs has to offer! Showings begin on September 25th. Please note there is ducted HVAC and mini splits for both heat and AC as well as radiant heat in the floors throughout both levels. Property is located in the Lagoon Pond Watershed, septic will require an upgrade after transfer. Seller will include a four bedroom septic design.

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 2,876 sq ft principal dwelling). Lot size: 14,810 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

Original Price$2,095,000
Annual Taxes$7,817

Parking

Garage0
Off-Street3

Interior Specifications

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

Climate & Utilities

HeatingCentral, Radiant, Propane, Hydronic Floor Heat(Radiant), Ductless
CoolingCentral Air, Ductless
WaterPublic
SewerInspection Required for Sale

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningR20

Property & Lot

Acres0.34
SqFt Lot14,810
Lot FeaturesWooded

Amenities & Appliances

Electric Water Heater

Geography

Listing Provided By

Listing Agent: Madelyn Silvia

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

MLS® Number: 73571249