47 Quenames Rd Chilmark — Photo 1 of 8
Recent Drop: $350,000
$1,225,000
Investment Analysis — 47 Quenames Rd
Chilmark, MA 02535 — Chilmark
Based on HUD Small Area Fair Market Rent for Dukes County, MA, a 2-bedroom in 02535 carries an estimated $2,330/mo in gross rent — about a 1.34% cap rate and $16,391/yr in estimated NOI at the $1,225,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
924
Style
Single Family
Built
1992
On a beautiful 3.02-acre parcel in Chilmark, 47 Quenames Road offers privacy, outstanding value, and excellent potential. The year-round 2-bedroom home features first-floor living, an open floorplan with living and dining space, a kitchen remodeled in 2023, two bedrooms, and a full bath with tub. A new roof (2023) and outdoor deck with bluestone patio area overlooks the lawn and the natural woodland setting. With strong rental income, currently generating $2,500 month to month year-round, and expansion opportunities subject to town approvals, the property is conveniently located near South Road, West Tisbury's village center, and Chilmark's iconic Lucy Vincent and Squibnocket Beaches. Passed Title V in December 2025 for 3 Bedrooms. #47 is shown as Lot 1-C on a new subdivision not yet reflected on the assessments and public records - approved survey is attached. 45 Quenames Lot 1-B is also available.
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: 462 sq ft (the lesser of 900 sq ft or half the 924 sq ft principal dwelling). Lot size: 3 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
Electric Water Heater • Water Heater
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl FirstBedroom 2
Lvl FirstProperty History
$1,225,000
Was $1,325,000
Sep 4, 2026
MLS® 73471155
$1,325,000
Was $1,495,000
Jul 23, 2026
MLS® 73471155
$1,495,000
Was $1,575,000
May 13, 2026
MLS® 73471155
$1,575,000
Jan 22, 2026
MLS® 73471155
Listing Agent: Dawn Bellante
Listing Office: Sandpiper Realty, Inc.
MLS® Number: 73471155
