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    Property profile & analytics

    3 Commonwealth Sq Oak Bluffs, MA 02557

    • Hotels
    • 11,084 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1021198
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hotels

    Property Details for 3 Commonwealth Sq

    Year built
    1900
    Construction
    FRAME
    Property size
    11,084 SF
    Zone code
    B1
    Property type
    Hotels
    APN
    OAKB M:0081 B:0606 L:000
    APU
    OAKBM0081B0606L000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oak Bluffs
    County
    Dukes
    State
    Massachusetts
    Longitude
    -70.5608
    Latitude
    41.4569
    CBSA code
    47240
    CBSA name
    VINEYARD HAVEN, MA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $16,409
    $0.00
    $3,217,500
    $3,217,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      329 SF

      27 Is Inn Rd

      Multifamily properties • 329 SF
      27 Is Inn Rd, Oak Bluffs, MA 02557
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    • Value Estimation by Request
      5,284 SF

      18 Kennebec Ave

      HOTEL-RESORT • 5,284 SF
      18 Kennebec Ave, Oak Bluffs, MA 02557
      View Details
    • Value Estimation by Request
      4,294 SF

      46 Narragansett Ave

      HOTEL-RESORT • 4,294 SF
      46 Narragansett Ave, Oak Bluffs, MA 02557
      View Details
    • Value Estimation
      $4,440,000
      5,110 SF

      83 Sea Vw Ave

      HOTEL-RESORT • 5,110 SF
      83 Sea Vw Ave, Oak Bluffs, MA 02557
      View Details
    • Value Estimation by Request
      6,966 SF

      9 Circuit Ave Ext

      HOTEL-RESORT • 6,966 SF
      9 Circuit Ave Ext, Oak Bluffs, MA 02557
      View Details
    • Value Estimation
      $4,930,000
      9,360 SF

      11 Circuit Ave

      HOTEL • 9,360 SF
      11 Circuit Ave, Oak Bluffs, MA 02557-6793
      View Details

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    3 Commonwealth Sq
    Oak Bluffs, MA 02557
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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