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263 Edgewater Drive Pembroke — Photo 1 of 40

263 Edgewater Drive Pembroke — Photo 1 of 40

$925,000

Investment Analysis — 263 Edgewater Drive

Pembroke, MA 02359 — North Pembroke

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02359 carries an estimated $3,890/mo in gross rent — about a 2.87% cap rate and $26,538/yr in estimated NOI at the $925,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

2,304

Style

Single Family

Built

1984

Welcome to 263 Edgewater Drive, a spacious 4-bedroom, 2-bath Garrison Colonial set in a desirable, established North Pembroke neighborhood. Built in 1984 and lovingly maintained by its original owner, this home offers plenty of room for everyday living and entertaining. The first floor features a living room, fireplaced family room, dining room, and updated kitchen with granite countertops and generous workspace. An inviting three-season room extends the living space and opens to a newer 18' x 12' deck overlooking the in-ground pool, perfect for summer gatherings, morning coffee, or relaxing at the end of the day. Hardwood floors, central air, updated windows and sliders, generously sized rooms and a two-car garage add to the home's appeal. Upstairs are four bedrooms and a full bath, while the walkout lower level includes finished space offering additional flexibility. A new septic system was installed in 2020. A new hot water tank was installed in July 2026. The pool liner was replaced five years ago. The pool will be closed for the season soon! Convenient to shopping, restaurants, schools and Route 3, this well-loved home offers space, location and a wonderful setting to make your own.

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: 900 sq ft (the lesser of 900 sq ft or half the 2,304 sq ft principal dwelling). Lot size: 44,880 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

Original Price$925,000
Annual Taxes$8,939

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms9
Fireplaces1
FlooringTile, Vinyl, Hardwood, Flooring - Hardwood, Concrete
BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR

Property & Lot

Acres1.03
SqFt Lot44,880
Lot Features--

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Stable(s) • Golf

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2
First
Living RoomDining RoomFamily RoomBathroom 1
Main,First
Kitchen
Living Room
Lvl First

16 x 12

Flooring - Hardwood, Window(s) - Picture, Recessed Lighting, Wainscoting

Dining Room
Lvl First

15 x 12

Flooring - Hardwood, Window(s) - Picture

Kitchen
Lvl Main,First

25 x 12

Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Recessed Lighting, Slider, Stainless Steel Appliances, Wine Chiller, Lighting - Pendant

Family Room
Lvl First

16 x 15

Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood, Slider

Primary Bedroom
Lvl Second

16 x 14

Flooring - Vinyl, Closet - Double

Bedroom 2
Lvl Second

12 x 11

Bedroom 3
Lvl Second

14 x 12

Closet, Flooring - Vinyl

Bedroom 4
Lvl Second

12 x 12

Closet, Flooring - Vinyl

Bathroom 1
Lvl First

10 x 6

Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

8 x 7

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Listing Provided By

Listing Agent: Linda Macdonald

Listing Office: Keller Williams Realty Colonial Partners

MLS® Number: 73585030