WaterfrontWaterfront, Beach, Sound, Harbor, Dock, Water Access, Marina, Ocean Front
ViewOther
MLS #73112884
Lot Size0.29 Acres
StatusActive (Extended)
About 47 E Chop Dr
East Chop waterfront – Once in a lifetime, a property of this caliber becomes available, with an on-the-water East Chop location, a wide range of amenities, and multi-functional use! Uses include -- 1.) Currently operated as East Chop Harborfront Apartments (6 units), a pre-existing non-conforming use for the past 40+ years, 2.) Use it as a residential home or family compound, or live in a portion and rent a portion, 3.) Potential to convert to condominiums, paperwork presently in process but would be a buyers choice. Located directly on the harbor, this property features outstanding water views of the harbor and sound beyond and is just steps from the tennis club, beaches, ferries to the mainland and downtown. In pristine condition, this 6-unit property includes a 106 ft dock with water/electric for 8 slips and a 40’ T at the end for a 9th boat. Parking for 6-7 vehicles at street in front. Built in 1952, the property has had extensive top to bottom renovations.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1952
Living Area: 3,888 SqFt
Listing Office:
Office Name: MV Luxury Homes LLC
Listing Agent: Perry Patterson
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 6
Total Bedroom Count: 7
Exterior Features
Exterior Information:
Waterfront: Waterfront, Beach, Sound, Harbor, Dock, Water Access, Marina, Ocean Front
View: Other
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.29 Acres
Utilities
Utilities Information:
Heating: Baseboard, Ductless
Cooling: Ductless
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: From New York Ave, turn on to East Chop Drive, property is 12th house on the harbor after Our Market
Price Information
Listing Price Info
Price Summary:
List Price: $11,000,000
Price Per SqFt: $2,829/SqFt
Agent Commission:
Buyer's Agent Commission: 1.5
Tax Information:
Annual Amount: $21,131
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73112884
Listing Office:
Office Name: MV Luxury Homes LLC
Listing Agent: Perry Patterson
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: 4/28/2024, 10:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$21,131
$2,867,100
2020
$20,819
$2,798,300
2019
$20,868
$2,713,600
2018
$19,435
$2,482,100
2017
$18,824
$2,309,700
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$54.9K
Per Month
Principal & Interest
$54.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$33K
Powered By
Advertisement
NMLS#3030
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
7
/10
Oak Bluffs Elementary School
50 Tradewinds Rd
Distance between this listing and this school0.50 miles
Public District Grades PK-8
High School
3
/10
Marthas Vineyard Regional High School
100 Edgartownvineyard Haven R
Distance between this listing and this school3.48 miles
Public District Grades 9-12
Nearby Schools
6
/10
Mullen-Hall
130 Katherine Lee Bates Rd
Distance between this listing and this school6.96 miles
Public District Grades KG-4
7
/10
Teaticket
45 Maravista Ext
Distance between this listing and this school7.50 miles
Public District Grades PK-4
7
/10
East Falmouth Elementary School
33 Davisville Rd
Distance between this listing and this school7.99 miles
Public District Grades PK-4
Assigned Schools
7
/10
Oak Bluffs Elementary School
50 Tradewinds Rd
Distance between this listing and this school0.50 miles
Public District Grades PK-8
Nearby Schools
6
/10
Tisbury Elementary School
40 W William St
Distance between this listing and this school2.62 miles
Public District Grades PK-8
6
/10
Edgartown Elementary School
35 Robinson Rd
Distance between this listing and this school5.31 miles
Public District Grades PK-8
Assigned Schools
3
/10
Marthas Vineyard Regional High School
100 Edgartownvineyard Haven R
Distance between this listing and this school3.48 miles
Public District Grades 9-12
Nearby Schools
4
/10
Martha's Vineyard Charter School
424 State Rd
Distance between this listing and this school6.09 miles
Public Charter Grades KG-12
6
/10
Falmouth High School
874 Gifford Street Ext
Distance between this listing and this school9.38 miles
The neighbors living near this home have an average income of $38,470. The majority of Dukes County, MA residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 47 E Chop Dr
What is the listing price of this property?
The listing price of 47 E Chop Dr property is $11,000,000.
What type of property is this?
The property 47 E Chop Dr is a house located in Oak Bluffs, Massachusetts, 02557.
Is this property for sale now?
Active Listing: 47 E Chop Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 47 E Chop Dr are: Oak Bluffs Elementary School: GreatSchools Rating 7/10Marthas Vineyard Regional High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $21,131 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 47 E Chop Dr has 7 bedrooms and 6 bathrooms.
What is the square footage of this property?
The property 47 E Chop Dr is 3,888 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 47 E Chop Dr is 1952.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 47 E Chop Dr in Oak Bluffs, MA and zip code 02557. This 3,888 square foot home, which was built in 1952, sits on a 0.29 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 17, 2023 and is currently priced at $11,000,000.
The inventory of homes for sale in Dukes County, MA between February 2024 and March 2024 increased by 5.4%. While the average time on the market in March 2024 was 140 days, the median list price was $1,980,000.
From Rocket Homes Real Estate and based on county public records data.
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.
College Football
College Football
Skiing/snowboarding
Figure Skating
Express/Express For Men
BJs Wholesale Club
Kmart
Sonic
Panera
Bob Evans
Kia
Infiniti
Buick
New Country
Adult Hits
Oldies