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ActiveSingle Family

$7,195,000

17 Ipswich St, Nantucket 02554

Beds8
Baths6.5
Sqft5,832
DOM54
No Photos Available

AddressIntel AI Briefing

A moderate premium over local comps suggests that a tightly managed interior update is necessary to unlock turnkey value. Bypassing exterior modifications is the most reliable way to avoid delays and bring the property back to market quickly. Condition and flippability are inferred from pricing and time on market rather than from any inspection.

Property Permit History

No permit history found directly associated with this property's address.

Recent Neighborhood Remodeling (Nantucket)

Parcel & Zoning Info

APN--
Official Lot Sqft--
Zoning Code--
SB 9 StatusBlocked

Hazard Snapshot

Flood Zone

None
No data available.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

No data
Seismic data unavailable.

Fault Zone

No data
Seismic data unavailable.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).

Proprietary Intelligence

Market Heat Index

0/100

Based on recent sales velocity and local demand in 02554.

Flippability Score

38/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

0%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

Median of 5 recent single-family sales in Nantucket (02554): $1,999/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 8,700 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.

Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.

Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.

Hard Costs$4,785,000
New Build8,700 sqft
Total Capital Required$12,155,000
Estimated Resale (ARV)$18,261,300
Cost of Sale (5%)-$913,065
Carry (33mo @ 7%)-$1,862,438
Net Proceeds$15,485,798

Projected Profit

$3,330,798
27.4% ROI

Recent Comparables (Nantucket 02554)

Sized to the modelled 8,700 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

11A Meadow Ln

Sold
$1,055,000
Sold: 2026-03-03
Lot: 20,007.1
Sqft: 6800
$/Sqft: $155

11 Meadow Ln Unit B

Sold
$1,225,000
Sold: 2025-06-18
Lot: -
Sqft: 6800
$/Sqft: $180

41 Jefferson Ave

Sold
$26,000,000
Sold: 2024-11-13
Lot: 40,733
Sqft: 7210
$/Sqft: $3,606

218 Cliff Rd

Sold
$16,300,000
Sold: 2024-11-07
Lot: 80,024.1
Sqft: 7024
$/Sqft: $2,321

23 Morey Ln

Sold
$13,375,000
Sold: 2024-10-30
Lot: 35,244.4
Sqft: 6692
$/Sqft: $1,999