36 Hines Point Rd Tisbury — Photo 1 of 40
$3,100,000
Investment Analysis — 36 Hines Point Rd
Tisbury, MA 02568 — Hines Point
Based on HUD Small Area Fair Market Rent for Taunton-Mansfield-Norton, MA HUD Metro FMR Area, a 3-bedroom in 02568 carries an estimated $2,810/mo in gross rent — about a 0.21% cap rate and $6,657/yr in estimated NOI at the $3,100,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
973
Style
Single Family
Built
1951
HINES POINT WATERFRONT GEM with 85 feet of frontage on the Lagoon, offering ever-changing water views and the perfect vantage point to watch the Steamship Authority ferries arrive in Vineyard Haven Harbor. Enjoy the charming, timeless cottage with a one-car garage as an idyllic summer retreat, or bring your Vineyard vision to life with beautiful architectural plans by Sullivan +Associates Architects. Perched atop a gentle embankment, this exceptional property captures expansive views of the Lagoon, harbor, and town. A private staircase leads to the water's edge, where you can launch a kayak, paddle board, or small boat and explore the Lagoon and beyond. Just a short stroll to the Martha's Vineyard Museum, downtown Vineyard Haven, shops, restaurants, and the ferry, this is a rare opportunity to own in one of the Island's most coveted waterfront locations.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 487 sq ft (the lesser of 900 sq ft or half the 973 sq ft principal dwelling). Lot size: 16,490 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Bike Path • Marina
Geography
Listing Agent: Tina Miller
Listing Office: Compass
MLS® Number: 73564072
