Active
25 Days on market
8 Turkeyland Cove Road Edgartown — Photo 1 of 10

8 Turkeyland Cove Road Edgartown — Photo 1 of 10

$3,650,000

Investment Analysis — 8 Turkeyland Cove Road

Edgartown, MA 02539

Based on HUD Small Area Fair Market Rent for Dukes County, MA, a home in 02539 carries an estimated $1,760/mo in gross rent — about a 0.33% cap rate and $11,990/yr in estimated NOI at the $3,650,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

--

Baths

--

SqFt

--

Style

Residential

Built

--

Set in the heart of Katama, this exceptional 5.5-acre building lot offers a rare opportunity to create a private island retreat surrounded by nature and conservation land. The property is bordered by 87 acres of Sheriffs Meadow conservation land and an additional 75 acres of town-owned land, providing an extraordinary sense of privacy and protected open space. Located in a well-established Katama neighborhood, the property captures the essence of the island lifestyle, with the sights, sounds, and salt air of the Atlantic Ocean close by. Just minutes from South Beach and Wilson’s Landing, easily enjoy swimming, boating, fishing, and long summer days by the water. A remarkable opportunity to build in one of the Vineyard’s most coveted settings, with expansive protected land and the beauty of Katama all around.

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 MLS and other third-party data may be inaccurate or out of date.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$3,650,000
Annual Taxes$4,061

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPrivate
SewerPrivate Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningR-120

Property & Lot

Acres5.5
SqFt Lot239,580
Lot FeaturesLevel

Geography

Listing Provided By

Listing Agent: Stacy Ickes

Listing Office: Donnelly + Co.

MLS® Number: 73565039