Lot 4B Browns Farm Lane Edgartown — Photo 1 of 6
$2,795,000
Investment Analysis — Lot 4B Browns Farm Lane
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 -0.63% cap rate and $-17,489/yr in estimated NOI at the $2,795,000 list price. Adjust every assumption in the calculator below.
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Tucked off Meetinghouse Way, this 3-acre parcel offers an opportunity to create something lasting on the Vineyard. Open pasture sweeps across the property's core, framed by bordering woodland that lends a sense of privacy without sacrificing the light and openness that makes the setting so appealing. Just under 2.5 miles from the Village and South Beach, the location balances seclusion with easy access to town and the beach. Neighboring Wilson's Landing opens the door to the Edgartown Great Pond, where kayaking, paddleboarding, and quiet days on the water await. With 8 bedrooms possible and the option to add a guest house, the potential here is considerable. This is one of two parcels for sale.
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 MLS and other third-party data may be inaccurate or out of date.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
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Property & Lot
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Listing Agent: Courtney Marek
Listing Office: Sandpiper Realty, Inc.
MLS® Number: 73513671
