23 Circuit Ave Ext Oak Bluffs, MA 02557-6797
3.2.2 Nonresidential Accessory Uses in the B1 and B2 Districts. Any use permitted as a principal use is also permitted as an accessory use provided such use is customarily incidental to the main or principal building or use of the land. Any use authorized as a principal use by special permit may also be authorized as an accessory use by special permit provid…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
B2 · Oak Bluffs, MA3.2.2 Nonresidential Accessory Uses in the B1 and B2 Districts. Any use permitted as a principal use is also permitted as an accessory use provided such use is customarily incidental to the main or principal building or use of the land. Any use authorized as a principal use by special permit may also be authorized as an accessory use by special permit provided such use is customarily incidental to the main or principal building or use of the land. Any use not allowed in the district as a principal use is also prohibited as an accessory use. Accessory uses are permitted only in accordance with lawfully existing principal uses. In all instances where site plan review and approval is required for a principal use, the addition of any new accessory use to the principal use, where such addition exceeds the thresholds established in Section 10.4, shall also require site plan review and approval. 3.2.3 Residential Accessory Uses in All Districts. (Amended 4.12.06 ATM Art.16, AG approved and published 7.17.06) Home businesses are allowed in accordance with Section 3.2.4 herein upon fulfillment of the application, fee, and all other requirements. The following specific uses are permitted as of right or by special permit when accessory to a residence in all districts as set forth herein. 1. Family Day Care Homes. Small family day care homes, are allowed as an accessory use as of right. Large family day care homes may be authorized upon the grant of a special permit by the Board of Appeals. 2. Adult Day Care Homes. Small adult day care (up to six nonresident adults over the age of sixteen (16) may be offered as an accessory use of right; large adult day care (seven or more nonresident adults over the age of 16) may be authorized as an accessory use upon the grant of a special permit by the Board of Appeals (Added STM 12.2.03, AG Approved 3.26.04, Published 4.9.04) 3. Boarders in Single-Family Dwelling. The renting of rooms and/or furnishing of board to not more than three unrelated persons in a single family dwelling by the owner/occupant thereof shall be a permitted accessory use. The renting of rooms and/or furnishing of board to four or more unrelated persons shall be deemed a boarding house subject to the provisions of the Table of Regulations and G.L. c. 140 s. 22. (Added STM 12.2.03, AG Approved 3.26.04, Published 4.9.04) 4. Contractor’s Yard .
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.