116 Franklin Ter, Tisbury MA 02568

Tisbury, MA 02568
$1,350,000
Est. $7,603/month
4
Beds
3
Baths
1,714
Sq Ft
$788
Price/Sq Ft
0.30
Acres
1971
Year Built
25 minutes
Time on Market
Active Listed Jan 2, 2026 • MLS# 73464793 Copied!

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!

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
5

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 5

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

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

Location

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Neighborhood

116 Franklin Ter, Tisbury MA 02568

Tisbury, MA 02568

Walkability

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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
E

Elementary Schools

2 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
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
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Down: $0
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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
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Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
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.

Property History

Property Timeline

🏠
Listed for Sale
Jan 2, 2026
$1,350,000
Original listing
Agent: Pricila Ray Office: Keller Williams Realty

Price & Status History

Date Event Price Change
Jan 2, 2026 New Listing Added $1,350,000

Market Statistics

Time on Market
25 minutes
Price per Sq Ft
$788

Tax History

Year Taxes Assessment
2025 $6,921 $914,300

Financial Details

Annual Property Tax
$6,921
Tax Year 2025
Assessed Value
$914,300

Listing Information

Listing Agent Pricila Ray
Listing Office Keller Williams Realty
Agent MLS ID CN253405
Office MLS ID A95627
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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Market Analytics for Tisbury, MA

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