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5 Days on market
268 Water Street Pembroke — Photo 1 of 42

268 Water Street Pembroke — Photo 1 of 42

$1,100,000

Investment Analysis — 268 Water Street

Pembroke, MA 02359

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 2.32% cap rate and $25,545/yr in estimated NOI at the $1,100,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

3,116

Style

Single Family

Built

1985

Beautifully updated 4-bedroom Colonial set on a private professionally landscaped .92 acre lot with an exceptional back yard retreat with a heated in-ground pool! This spacious home is designed for comfortable living and effortless entertaining. First floor features a welcoming office, a newer Timeless Design kitchen with Bosch dishwasher and refrigerator, a slider leading to the deck and a 6 burner Capital Culinarian very powerful gas cook top with an impressive vent. A spacious dining room is off the kitchen as well as a cathedral ceiling family room with a gas fireplace, sky lights and sliders leading to a newer aztek deck. Also on the first floor is a bright sunroom with a wet bar and sliders also leading to an expansive deck. First floor laundry room and half bath complete your first floor living! Upstairs has a primary bedroom with hard wood floors and a full bath. There are three additional good size bedrooms and a full bath with a vaulted ceiling and tub shower combination. There is a 2 car garage with an attached workshop complete with electricity for any craftsman looking for work space. Amazing opportunity to live in this updated home close to shopping and Route 3 truly a special property!

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 3,116 sq ft principal dwelling). Lot size: 40,075 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$1,100,000
Annual Taxes$9,932

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms9
Fireplaces1
FlooringWood, Tile, Carpet, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, Flooring - Hardwood
BasementFull, Finished, Walk-Out Access, Interior Entry, Garage Access

Climate & Utilities

HeatingBaseboard, Oil
CoolingCentral Air, Ductless
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRES

Property & Lot

Acres0.92
SqFt Lot40,075
Lot FeaturesWooded

Amenities & Appliances

Water Heater • Range • Oven • Dishwasher • Microwave • Refrigerator • Range Hood • Plumbed For Ice Maker

Neighborhood

Shopping • Highway Access • House of Worship • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Dining RoomKitchenOfficeFamily RoomBathroom 1
Dining Room
Lvl First

12 x 11

Flooring - Hardwood, Chair Rail, Decorative Molding

Kitchen
Lvl First

14 x 16

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Deck - Exterior, Recessed Lighting, Slider, Gas Stove

Office
Lvl First

16 x 14

Flooring - Hardwood, Recessed Lighting

Family Room
Lvl First

15 x 20

Skylight, Cathedral Ceiling(s), Ceiling Fan(s), Beamed Ceilings, Flooring - Hardwood, Balcony / Deck, Slider, Wainscoting, Beadboard

Primary Bedroom
Lvl Second

15 x 15

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second

12 x 12

Bedroom 3
Lvl Second

12 x 11

Closet, Flooring - Wall to Wall Carpet

Bedroom 4
Lvl Second

12 x 13

Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

4 x 7

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

7 x 9

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

Bathroom 3
Lvl Second

8 x 8

Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Property History

Listed
$1,100,000

Sep 8, 2026

MLS® 73572398

Sold
$2,500

Aug 17, 2010

MLS® 71116286

Listed
$2,500

Jul 29, 2010

MLS® 71116286

Listing Provided By

Listing Agent: Laurie Reney

Listing Office: Boston Connect Real Estate

MLS® Number: 73572398