20 Hidden Cove Oak Bluffs — Photo 1 of 39
$1,625,000
Investment Analysis — 20 Hidden Cove
Oak Bluffs, MA 02557
Based on HUD Small Area Fair Market Rent for Dukes County, MA, a 4-bedroom in 02557 carries an estimated $3,400/mo in gross rent — about a 1.45% cap rate and $23,524/yr in estimated NOI at the $1,625,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
1,898
Style
Single Family
Built
1981
Nestled in Oak Bluffs’ desirable Hidden Cove community, this Contemporary residence offers a quintessential Martha’s Vineyard retreat centered on outdoor recreation and coastal living. Residents enjoy premier neighborhood amenities, including direct water access to Sengekontacket Pond for seamless kayaking and paddleboarding, as well as community tennis courts just steps from your front door. Set on a private, wooded lot, the home showcases classic Vineyard cedar siding, a striking two-story fireplace, an expansive wood deck, a screened porch, and an outdoor shower for effortless post-beach relaxation. Featuring 1,898 square feet of above-grade living space plus a 512 square foot finished lower level ideal for a media room or home office, this property perfectly combines island tranquility with an active coastal lifestyle.
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 1,898 sq ft principal dwelling). Lot size: 12,632 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: Jennifer Dasilva
Listing Office: Compass
MLS® Number: 73577547