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Property profile & analytics
OFF-MARKET Estimated value $550,000
Investment properties

38 Kennebec Ave Oak Bluffs, MA 02557-6987

2,071 SF 0.06 ac lot Built 1870
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US38-0625655
Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1870
Construction FRAME
Total area 2,071 SF
Lot 0.06 ac (2,614 SF)
Zoning code B1
APN OAKB M:0009 B:0003 L:000
UPID US38-0625655
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$600k
Blend (final) Blend
$550k
Owner & transaction history
Lisa&will INC · 12 yrs held
Lisa&will INC
since 2014
7 recorded transactions
2022
Price N/A
2019
Price N/A
2018
Price N/A
2014
$450,000
2007
Price N/A
2006
Price N/A
2004
Price N/A
Zoning & alternative use
B1 · Oak Bluffs, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

5.1.5 Special Permit in the B -1 District. (Section added STM 12.2.03 Art 16 , AG Approved 3.26.04, Published 4.9.04) 1. Purpose. The B-1 District is the business area of Oak Bluffs. Parking generally provided on street to shoppers and business employees. This by- law has been adopted pursuant to M.G.L. c. 40A, s 9 in order to authorize an increase in intens…

Zone name Business
General category COMMERCIAL
Zone area 37.14 ac
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