48 Plantingfield Way Edgartown — Photo 1 of 4
$3,495,000
Investment Analysis — 48 Plantingfield Way
Edgartown, MA 02539 — Downtown
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 0.47% cap rate and $16,445/yr in estimated NOI at the $3,495,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,388
Style
Single Family
Built
2007
Set on an exceptional .65 -acre parcel, this rare offering combines privacy, space, and an unbeatable location just moments from town and the water. The expansive lot offers a unique opportunity to expand and create a custom estate tailored to your vision. Surrounded by mature landscaping and generous outdoor space, the property offers a peaceful retreat while remaining conveniently close to shops, dining, beaches, and waterfront activities. Whether you're seeking a year-round residence, a seasonal escape, or an investment with long-term upside, this property presents endless possibilities in one of the area's most desirable settings.
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: 694 sq ft (the lesser of 900 sq ft or half the 1,388 sq ft principal dwelling). Lot size: 28,314 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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Julia Smith
Listing Office: Donnelly + Co.
MLS® Number: 73545630
