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16 Franklin Ave, Oak Bluffs, MA, 02557

$1,595,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
2 Full Baths
1,920 SqFt
$831/SqFt
House
Schools Nearby

Location

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16 Franklin Ave, Oak Bluffs$1,595,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1974
HeatingBaseboard
CoolingWindow Unit(s), Other
BasementYes
FireplaceLiving Room
MLS #73239939
Lot Size0.26 Acres
StatusActive

About 16 Franklin Ave

MOTIVATED SELLERS!!! Discover this newly remodeled 6-bedroom, 2-bathroom home perfectly situated within walking distance to Circuit Ave, beautiful beaches, and scenic parks. This property is ideal for both homeowners and investors, offering modern updates throughout the home to ensure it's move-in ready. The spacious layout includes a partially finished basement, providing additional living area. The prime location and attractive features make it an excellent opportunity for various rental options, including the potential to generate nearly $2,000 per day during the summer months utilizing a short term rental strategy. Don't miss out on this exceptional property in a high-demand area. Schedule a viewing today and explore the potential of this fantastic home.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape
  • Year Built: 1974
  • Living Area: 1,920 SqFt

Listing Office:

  • Office Name: ROVI Homes
  • Listing Agent: Lohith Chundi

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Range, Dishwasher, Microwave, Refrigerator
  • Basement: Yes
  • Interior: Closet, Recessed Lighting, Bedroom
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Porch - Screened, Deck, Fenced Yard

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Window Unit(s), Other

School Info

Assigned Schools Information:

  • Marthas Vineyard Regional High School, Public District Grades 9-12
  • Oak Bluffs Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: Search address in any GPS. Home may be under 16 Franklin Ave, Vineyard Haven on certain applications

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,595,000
  • Price Per SqFt: $831/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

Tax Information:

  • Annual Amount: $3,761
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73239939

Listing Office:

  • Office Name: ROVI Homes
  • Listing Agent: Lohith Chundi

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 6/2/2024, 9:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,761$510,300
2020$3,891$523,000
2019$3,722$484,000
2018$3,611$461,200
2017$3,423$420,000

History based on county public records data.

Payment Calculator

$8,028

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,848

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-7232223
5
/10
  • Oak Bluffs Elementary School

  • 50 Tradewinds Rd

  • 0.27 miles

  • Public District Grades PK-8

High School

school-card-donut-7232224
5
/10
  • Marthas Vineyard Regional High School

  • 100 Edgartownvineyard Haven R

  • 2.80 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,906. The most common annual income of people living in Dukes County, MA is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16 Franklin Ave

What is the listing price of this property?

The listing price of 16 Franklin Ave property is $1,595,000.

What type of property is this?

The property 16 Franklin Ave is a house located in Oak Bluffs, Massachusetts, 02557.

Is this property for sale now?

Active Listing: 16 Franklin Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16 Franklin Ave are:
Oak Bluffs Elementary School: GreatSchools Rating 5/10
Marthas Vineyard Regional High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,761 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16 Franklin Ave has 6 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 16 Franklin Ave is 1,920 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16 Franklin Ave is 1974.

Rocket HomesMassachusettsDukes CountyOak Bluffs0255716 Franklin Ave

This home is located at 16 Franklin Ave in Oak Bluffs, MA and zip code 02557. This 1,920 square foot home, which was built in 1974, sits on a 0.26 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $1,595,000.

Over 0 listings were sold over their listed price in May 2024 in Dukes County, MA. In the same period over 5 listings were sold below the listed price and 0 listings were sold for the listed price. The number of homes for sale in Dukes County, MA increased by 29.4% between April 2024 and May 2024. While the average time on the market in May 2024 was 51 days, the median list price was $1,675,000.

From Rocket Homes Real Estate and based on county public records data.

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