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24 Myober Ln Edgartown — Photo 1 of 37

24 Myober Ln Edgartown — Photo 1 of 37

$2,995,000

Investment Analysis — 24 Myober Ln

Edgartown, MA 02539 — Majors Cove

Based on HUD Small Area Fair Market Rent for Dukes County, MA, a 4-bedroom in 02539 carries an estimated $3,430/mo in gross rent — about a -0.14% cap rate and $-4,285/yr in estimated NOI at the $2,995,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

4.5

SqFt

2,348

Style

Single Family

Built

1985

In a beautiful coastal setting, this 4-bedroom, 4.5-bath wood-sided contemporary is perched on 1.8 private waterfront acres in Major’s Cove, with frontage on Sengekontacket Pond, and offers a functional floor plan with exceptional views. Expanded over time, the home now includes a primary suite and laundry on the main living level, with comfortable living spaces opening to expansive wraparound decks. The home offers approximately 3,148 square feet of finished space, including approximately 800 square feet on the finished lower level, with substantial above-grade exposure at the rear. An upper-level ensuite bedroom and two additional bedrooms with two full baths on the lower level provide flexibility for family and guests. Improvements include newer windows and doors, new mini-split systems, new hot water heaters, and work to several bathrooms. The September 2026 Title V inspection passed and supports a five-bedroom septic capacity. With town water, only one existing structure on the 1.8-acre parcel, and substantial acreage, the property may offer long-term potential for expansion or future improvements, subject to applicable approvals. Life at Major’s Cove includes access to tennis and pickleball courts, a community boat launch, and kayak storage. HOA services include private-road maintenance, snow removal, and common-area landscaping. Whether enjoyed as a peaceful waterfront retreat or a home with room to evolve over time, this property offers exceptional privacy, versatility, and a distinctive island setting.

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

Original Price$2,995,000
Annual Taxes$8,807
HOA Fee$2230

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms8
Fireplaces1
Flooring--
BasementNone

Climate & Utilities

HeatingElectric
CoolingDuctless
WaterPublic
SewerPrivate Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningR20

Property & Lot

Acres1.8
SqFt Lot78,408
Lot FeaturesWooded, Easements, Gentle Sloping, Marsh

Neighborhood

Tennis Court(s)

Geography

Listing Provided By

Listing Agent: Jeffrey Pierce

Listing Office: Compass

MLS® Number: 73583186