3 Troy Street Oak Bluffs — Photo 1 of 26
Recent Drop: $54,000
$1,295,000
Investment Analysis — 3 Troy Street
Oak Bluffs, MA 02557 — East Chop
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 1.85% cap rate and $23,939/yr in estimated NOI at the $1,295,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,863
Style
Single Family
Built
1958
Set on a generous 0.3-acre lot in desirable Oak Bluffs, this property offers exceptional potential just moments from Vineyard Sound. A newly installed 6-bedroom septic system opens the door to a variety of expansion opportunities. The home is thoughtfully designed with two separate living areas, ideal for guests or rental possibilities. The main living space features hardwood floors throughout, a spacious living room with a fireplace, kitchen, sunroom, and a primary bedroom with a full bath. The secondary living area includes a kitchenette, dining space, guest bedroom, and bathroom. The bathroom is currently unfinished, providing the next owner the opportunity to customize it to their taste. Upstairs, the second level boasts high ceilings, abundant natural light, a guest bedroom, and a private office space. Additional highlights include a two-car garage, a large rear deck, and a private backyard setting. An excellent investment or renovation opportunity in Oak Bluffs, offered as-is.
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 1,863 sq ft principal dwelling). Lot size: 12,982 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
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Property History
$1,295,000
Was $1,349,000
Aug 19, 2026
MLS® 73527016
$1,349,000
May 30, 2026
MLS® 73527016
Listing Agent: Alyssa Halisky
Listing Office: Wallace & Co. Sotheby's International Realty
MLS® Number: 73527016
