16 Hye Rd, Unit MAIN & GUEST

Edgartown, MA 02539

$675,000
Last Sold Price
5
Beds
2,102 Sq. Ft.
$321 / Sq. Ft.
2,102
Sq. Ft.
$321
per Sq. Ft.
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Closed 3/17/16
Closed 3/17/16
a front view of house with a garden and patio
a living room with furniture and a fireplace
a view of a balcony with furniture
a bathroom with a mirror
a bathroom with a sink and a window
a bedroom with a bed and a window
a bedroom with a bed and a window
a bathroom with a sink and a mirror
a living room with furniture
a living room with furniture and a rug
a view of water heater room
a bathroom with a granite countertop toilet and a sink
a view of balcony with furniture
a view of a door and an outdoor space
a view of a brick house with a yard and plants
a living room with furniture and a painting on the wall
a living room with a large window
a living room with a couch
a view of a dining room with furniture and wooden floor
a bathroom with a sink and toilet
a close view of sink and mirror
a kitchen with a sink and a mirror
a bathroom with a sink and a toilet
a bedroom with a bed
a bedroom with a bed and a window
a bathroom with a sink and a mirror
a bedroom with a bed and a window
a view of a house with yard
a view of a porch
a view of a house with a yard

Description

MINI COMPOUND, TWO for the price of ONE.  On a semi-wooded, nicely landscaped 1/2 acre lot . On bike path and Bus route. MAIN HOUSE: Very light and airy 3 bedrooms with loft and 2 bathrooms. A fully equipped, updated kitchen with granite counters and stainless steel appliances.  Cathedral ceiling, centered fireplace and wood floors in living/dining area with double sliders that opens onto a large  sun soaked deck.  A bedroom, full bath, laundry and attached 1 car garage  and Washer/dryer completes...MINI COMPOUND, TWO for the price of ONE.  On a semi-wooded, nicely landscaped 1/2 acre lot . On bike path and Bus route. MAIN HOUSE: Very light and airy 3 bedrooms with loft and 2 bathrooms. A fully equipped, updated kitchen with granite counters and stainless steel appliances.  Cathedral ceiling, centered fireplace and wood floors in living/dining area with double sliders that opens onto a large  sun soaked deck.  A bedroom, full bath, laundry and attached 1 car garage  and Washer/dryer completes the 1st floor. 2nd floor offers an open loft, 2 bedrooms and full bath .  Gas FHA heat ( system located in 4' crawl space) with electric baseboard backup. Next door is the GUEST HOUSE, all on one level.. with renovated galley kitchen and tile floor.  Living room new hardwood flooring, with sliders that open to a private deck with attached storage.  Two carpeted bedrooms and a full bath completes the interior. Washer/dryer across from bathroom.  Both houses have outside showers.   Close to town, bike path, beaches and bus route.  Rare DUAL income offering with GREAT RENTAL HISTORY. ( averages over $55k annually) . Updates include 10 year old architectural roofs in BOTH.   Mini splits for a/c in Main house ( upstairs and down)..  Newer,updated kitchens in BOTH.  Updated wood flooring and tile baths. Edgartown T to hook up to sewer system is already installed at Hye Road .  A buyer could trench from Hye Rd to houses and hook  into a grinder pump should they wish to convert from private septic to town sewer.   Currently the homes share a private septic system. Rental income for past 3 years on file. $ 24,000 for Main in season. Guest house has been seasonally rented for $9000. Both homes show winter incomes. 2015: $ 1500 + in MAIN// $ 1,150+ in GUEST HOUSE.  Hot water tanks about 8 years old. Rinnai  propane heater in guest  with original electric baseboard units. Updates include hardwood floors; new kitchens; hot water tanks ( 2008 approx. ). Some shingles and trim and deck boards replaced. Mini splits for a/c added along the way as tenants request a/c .  Needed to keep up with rental competition.  Trees and shrubs trimmed . Outdoor showers a must for tenants along with wi fi. This property offers the BEST of two worlds! Rent one and live in the other. Main house is light, airy and has a modern vacation home feel where as the adorable guest house is more of a traditional cape style. Nice lot; great separation between the two.
  1. Listed by Christine Potter • Martha's Vineyard R.E.

Property Details for 16 Hye Road, Unit MAIN & GUEST

Zoning
R20
View
None
LISTING CLOSED: 03/17/2016 12:00 AM

Property Details for 16 Hye Road, Unit MAIN & GUEST

StatusClosed
MLS #28423
Days on Market334
Taxes$2,004 / year
HOA Fees$300
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Multi Family
Year Built1981
Lot Size0.52 AC / 22,651 SF
CountyDukes County
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Location

Listing Courtesy of Martha's Vineyard R.E., Christine Potter

Sold By Vineyard Select Properties, Thomas Hallahan

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Building Information for 16 Hye Road, Unit MAIN & GUEST

Stories-Residences-Year Built1981Building Size-Lot Size0.52 AC / 22,651 SF

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$3,898 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,431

Property Taxes

$167

HOA Dues

$300

The Payment Calculator is for illustrative purposes only.

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Property Information for 16 Hye Road, Unit MAIN & GUEST

Summary
Location and General Information
  • Latitude: 41.385018
  • Longitude: -70.547686
  • GeoLocked: No
  • GeoPrecision: Address
  • Listing ods: Deck, PubBch
  • Listing other Building: Grg
Taxes and HOA Information
  • Tax Assessed Value: $326,800.00
  • Tax Lot: 2.
  • Tax Map Number: 28
  • Tax Other Annual Assessment Amount: $275,400.00
  • Tax Year: 2016
Parking
  • Parking Features: 2 driveways; 1 for each house
Property
Lot Information
  • Building Address Id: 0
  • Loft: 0
  • Lot Features: grass yard and stone driveways
  • Number Of Lots: 0
  • Property Type: Multi Family
Property and Assessments
  • Parcel Number: 14
  • Photos Count: 32
  • Approval Status: -1
  • Reviewed: Yes
  • Year Built Effective: 2007
Utilities
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck, PubBch
Interior Features
  • Septic Bedrooms: 0
  • Main Level Bedrooms: 1
  • Other Structures: 2 outdoor showers Main house has attached garage Guest house has an attached shed off deck.
  • Rooms Total: 10
  • Appliances: Stove: 2, Washer: 2
  • Fireplace Features: 1 metal fireplace in Main with pipe chimney
  • Fireplace: No
  • Flooring: 2 in Main: 1 in Guest
  • Foundation Details: crawl space/ irregular
  • Furnished: Unfurnished
  • Heating: Propane
  • Interior Features: Ins,OSh, Floor 1: Main:  Enter into good size living room with wood floors and fireplace.  Galley Kitchen. Modern  Granite counters, tiled floor with Stainless appliances. One bedroom (  queen )  down. Full Bath with new tiles and vanity. Washer/dryer and  attached one car garage.  Sun drenched deck off living area. Double sliders.. Outdoor shower around back.   A/C Mini splits  up and down although the upstairs one cools the entire house,, Floor 2: MAIN: 2 bedrooms;  loft area ( with futon ) and full bath with new tile and vanity up.
  • Beds Plus: 0

Property History for 16 Hye Road, Unit MAIN & GUEST

DateEvent & SourcePriceAppreciation
Mar 17, 2016

Price Change

LINK #28423

$695,000—
Mar 17, 2016

Sold

LINK #28423

$675,000—
Apr 22, 2015

Listed (Active)

LINK #28423

$725,000—
DateEvent & SourcePrice
03/17/2016

Price Change

LINK #28423

$695,000
03/17/2016

Sold

LINK #28423

$675,000
04/22/2015

Listed (Active)

LINK #28423

$725,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 16 Hye Road, Unit MAIN & GUEST

This home is within Edgartown School District.
Rating
School
Type
Grades
Distance
Edgartown Elementary School
Public - PK to 8
Martha's Vineyard Regional High School
Public - 9 to 12
Rating
School
Distance
Edgartown Elementary School
PublicPK to 8

Martha's Vineyard Regional High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Martha's Vineyard R.E., Christine Potter

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.