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    Property profile & analytics

    81 Chop Dr Oak Bluffs, MA 02557-6856

    • Parking lots & garages
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US38-1831321
    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

    • Parking lots & garages

    Property Details for 81 Chop Dr

    Lot size
    0.49 lot acres
    Zone code
    R2
    Property type
    Parking lots & garages
    APN
    OAKB M:0003 B:0028 L:000
    APU
    OAKBM0003B0028L000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $270,000
      6.5%
      $250,000
      7%
      $255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $285,000
      Geo Method
      $250,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $325,000
      Mixed-Use
      $260,000
      Hospitality
      $250,000
      Educational
      $295,000
      Residential Income
      $260,000
      Energy
      $265,000
      Income-Based Land
      $290,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Oak Bluffs
    County
    Dukes
    State
    Massachusetts
    Longitude
    -70.5597
    Latitude
    41.4635
    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
    $2,724
    $534,200
    $0.00
    $534,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $325,000
      1.00 Acre

      School St

      PARKING LOT • 1.00 Acre
      School St, Oak Bluffs, MA 02557
      View Details
    • Value Estimation
      $275,000
      0.13 Acres

      Pasque Ave

      PARKING LOT • 0.13 Acres
      Pasque Ave, Oak Bluffs, MA 02557
      View Details
    • Value Estimation
      $310,000
      2,300 SF

      29 Winthrop Ave

      AUTO REPAIR, GARAGE • 2,300 SF
      29 Winthrop Ave, Oak Bluffs, MA 02557
      View Details
    • Value Estimation
      $210,000
      0.07 Acres

      108 Dukes County Ave

      AUTO REPAIR, GARAGE • 0.07 Acres
      108 Dukes County Ave, Oak Bluffs, MA 02557
      View Details
    • Value Estimation
      $305,000
      0.23 Acres

      Frnt St St

      AUTO REPAIR, GARAGE • 0.23 Acres
      Frnt St St, Oak Bluffs, MA 02557
      View Details
    • Value Estimation
      $300,000
      1.50 Acres

      Frnt St St

      AUTO REPAIR, GARAGE • 1.50 Acres
      Frnt St St, Oak Bluffs, MA 02557
      View Details

    Similar Nearby for Sale

    • $1,250,000
      Pending

      Oak Bluffs Land with Potential

      1.6-acre lot near Alpaca Farm with renovation or new build potential.
      44 Iron Hl Rd, Oak Bluffs, MA 02557
      View Details
    • $2,289,000

      Dukes County Multi-Family Property

      Multi-family property available in Dukes County, Marthas Vineyard, MA.
      113 Dukes County Ave, Marthas Vineyard, MA 02557
      View Details
    • $1,199,000
      0.11 Acres

      Two Cottages Near the Ocean

      Two cottages on one lot, close to the beach.
      47 Winemack Ave, Oak Bluffs, MA 02557
      View Details
    • $235,000
      329 SF

      Oak Bluffs Condotel Investment

      51-Unit Island Inn Condo
      27 Island Inn Rd, Oak Bluffs, MA 02557
      View Details
    • $4,400,000

      Land Available in Marthas Vineyard

      Land for sale in Marthas Vineyard, Massachusetts.
      Eastville Ave, Marthas Vineyard, MA 02557
      View Details
    • $5,325,000

      Marthas Vineyard Commercial Property

      Commercial property for sale in Marthas Vineyard, Massachusetts.
      4 Canonicus Ave, Marthas Vineyard, MA 02557
      View Details
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    81 Chop Dr
    Oak Bluffs, MA 02557-6856
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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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