96 South Summer Street Edgartown — Photo 1 of 42
$7,250,000
Investment Analysis — 96 South Summer Street
Edgartown, MA 02539 — Edgartown
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 0.22% cap rate and $16,202/yr in estimated NOI at the $7,250,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
5.5
SqFt
3,282
Style
Single Family
Built
2015
Located in the heart of Edgartown Village, this exceptional turnkey home offers timeless New England architecture, modern luxury, and an unbeatable in-town lifestyle. Built by a renowned Island builder, the thoughtfully designed residence features beautifully finished living spaces, four bedrooms, four full baths, and a powder room. The chef's kitchen opens to inviting living and dining areas that flow seamlessly to a private backyard oasis with a heated in-ground pool, bluestone patio, and professionally landscaped grounds—perfect for entertaining and relaxing. The finished lower level provides valuable bonus living space with a family/media room with a full bath and work out room adding an addtional 1,628 square feet of living space to the generous floor plan. Just moments from Main Street, the harbor, beaches, shops, and restaurants, this impeccably maintained property offers the ideal combination of luxury, comfort, and convenience in one of Edgartown's most sought-after locations.
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 3,282 sq ft principal dwelling). Lot size: 13,068 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Water Heater • Oven • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Golf • Bike Path • Conservation Area
Geography
Listing Agent: Patricia Lyman
Listing Office: Compass
MLS® Number: 73577118