Dimensions3.11 x 10
LevelSecond
116 Franklin Ter, Tisbury MA 02568
Tisbury, MA 02568
$1,350,000
Est. $7,603/month
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About this home
Nestled on a quiet street just moments from the heart of Vineyard Haven, this well-maintained 4 BR, 3 BA home offers a winning blend of comfort, privacy, and classic island appeal. The sun-filled main level features an open-concept living area flowing seamlessly into a bright, updated kitchen with center island, ideal for everyday living and casual entertaining. Two 1st floor bedrooms and a full bath provide excellent flexibility for guests, home office space, or convenient one-level living, while upstairs offers two spacious en-suite bedrooms designed for privacy and relaxation. Outdoor living shines with a deck overlooking the yard, plus a lower-level bonus with laundry, storage, and workshop potential. Peacefully set yet close to it all, enjoy easy access to public beaches, Tisbury School, and just 0.5 miles to Main Street Vineyard Haven with shops, dining, and ferry access. Perfect as a year-round residence, second home, or investment opportunity—this property checks all the boxes!
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Jan 2, 2026
$1,350,000
Original listing
Agent: Pricila Ray
Office: Keller Williams Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 01/02/2026 | 🏠 Listed for Sale | $1,350,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,921 | $914,300 |
Financial Details
Annual Property Tax
$6,921
Tax Year 2025
Assessed Value
$914,300
Facts & Features
Home Facts
Type
Residential
Style
Single Family Residence
Year Built
1971
Living Area
1,714 sq ft
Lot Size
0.30 acres
Bedrooms
4
Full Baths
3
Total Rooms
7
Interior
Heating
Baseboard, Oil
Cooling
Window Unit(s)
Flooring
Wood, Tile, Vinyl / Vct
Appliances
Electric Water Heater, Range, Dishwasher, Microwave
Fireplace
None
Basement
Full, Interior Entry, Bulkhead, Concrete
Laundry
Electric Dryer Hookup, Washer Hookup
Features
None
Exterior
Construction
Frame
Architecture
Cape
Roof
Shingle
Features
Porch, Deck, Rain Gutters, Storage, Garden
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Deck
Parking
Features
Off Street
Total Spaces
6
Utilities
Electric
110 Volts, Circuit Breakers
Water
Public
Sewer
Private Sewer
Gas
None
Other
For Electric Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$6,921
Assessed Value
$914,300
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Assessor’s Records List The Home As A 2-bedroom; However, The Property Includes A Permitted 2005 Addition And Functions As A 4-bedroom, With A 4-bedroom Septic System, Upgraded In 2020.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Natural
Sq Ft Source
Public Record
Documents
None
County
Dukes
Total market time (incl. prior listings)
42 days
Property Overview
Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1971
Bedrooms
4
Full Bathrooms
3
Living Area
1,714 sq ft
Total Rooms
7
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,714 sq ft above grade
Dimensions3.11 x 10
LevelSecond
Dimensions12.11 x 23.3
LevelSecond
Dimensions14.1 x 23.3
LevelSecond
Dimensions12.11 x 12.11
LevelFirst
Dimensions13.2 x 13.5
LevelFirst
Dimensions6.5 x 12.11
LevelFirst
Dimensions9.1 x 13.5
LevelFirst
Dimensions11.11 x 12.11
LevelFirst
Dimensions5.5 x 9.7
LevelFirst
FeaturesYes
Display Options
Outdoor Areas
Patio & porchPorch, Deck
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile, Vinyl / VCT
Appliances:
Electric Water Heater, Range, Dishwasher, Microwave
Interior Features:
Windows:
Basement:
Full, Interior Entry, Bulkhead, Concrete
Laundry:
Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Style:
Cape
Year Built:
1971
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Concrete Perimeter
Heating, Cooling & Utilities
Heating:
Baseboard, Oil
Cooling:
Window Unit(s)
Hot Water:
Water Source:
Public
Sewer:
Private Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Porch, Deck, Rain Gutters, Storage, Garden
Patio & Porch:
Porch, Deck
Fencing:
Other Structures:
Lot Features:
Cleared, Level
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Off Street
Nearby Schools
School District
Martha's Vineyard School District local
School Safety
2024-25
5.0%
Above Average
5.0%
Suspensions
1.3%
In-School
0.5% below state avg
Elementary Schools
3 schools
Vineyard Montessori School
0.4 mi
Grades PK-08
C+
Tisbury Elementary School
0.5 mi
|
#239 of 352
|
Score: 37.3
Dropped 104 spots from last year
-20.9 below state avg
312 students
Diverse
Diverse Student Body
Grades PK-08
A-
Oak Bluffs Elementary School
2.4 mi
|
#105 of 352
|
Score: 49.0
Improved 16 spots from last year
-9.2 below state avg
402 students
Diverse
Grades PK-08
High Schools
1 school
A-
Martha's Vineyard Regional High School
3.1 mi
|
#95 of 346
|
Score: 60.5
Improved 49 spots from last year
+2.3 above state avg
744 students
Diverse
19 sports
• 1,209 athletes
Strong AP Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
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Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$577
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
116 Franklin Ter, Tisbury MA 02568
Tisbury, MA 02568
Listing Information
Listing Agent
Pricila Ray
Listing Office
Keller Williams Realty
Office Phone
508-534-7200
Agent MLS ID
CN253405
Office MLS ID
A95627
Listing Data Updated
Feb 13, 2026 11:50 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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