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ActiveSingle Family

$2,695,000

1 Sankaty Ave, Nantucket 02554

Beds3
Baths1
Sqft708
DOM98
No Photos Available

AddressIntel AI Briefing

An asking price that is 144% higher than the neighborhood average completely eliminates any upside from a quick turnaround. The interior is likely already priced at a premium that precludes further value addition, 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

5/100

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 12 recent single-family sales in Nantucket (02554): $2,215/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 1,100 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$605,000
New Build1,100 sqft
Total Capital Required$3,475,000
Estimated Resale (ARV)$2,558,600
Cost of Sale (5%)-$127,930
Carry (33mo @ 7%)-$593,863
Net Proceeds$1,836,808

Projected Profit

-$1,638,193
-47.1% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Nantucket 02554)

Sized to the modelled 1,100 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

49 W Chester St

Sold
$1,600,000
Sold: 2026-08-07
Lot: 4,478
Sqft: 880
$/Sqft: $1,818

6 Eagle Ln

Sold
$2,300,000
Sold: 2026-05-29
Lot: 2,378.4
Sqft: 1088
$/Sqft: $2,114

15 Old North Wharf

Sold
$3,800,000
Sold: 2026-05-22
Lot: 771
Sqft: 880
$/Sqft: $4,318

20 Lyons Ln

Sold
$2,375,000
Sold: 2026-03-18
Lot: 49,658.4
Sqft: 1072
$/Sqft: $2,215

20 Lyons Ln

Sold
$2,375,000
Sold: 2026-03-18
Lot: -
Sqft: 1072
$/Sqft: $2,215

1 Dennis Dr

Sold
$2,000,000
Sold: 2026-03-11
Lot: 10,001.4
Sqft: 936
$/Sqft: $2,137

1 Dennis Dr

Sold
$2,000,000
Sold: 2026-03-11
Lot: -
Sqft: 936
$/Sqft: $2,137

10 Green Meadows Dr

Sold
$3,317,707
Sold: 2026-01-16
Lot: 10,306.3
Sqft: 1123
$/Sqft: $2,954

27 Osprey Way

Sold
$4,200,000
Sold: 2025-09-26
Lot: 11,077.3
Sqft: 1040
$/Sqft: $4,038

33 W Sankaty Rd

Sold
$2,525,000
Sold: 2025-09-16
Lot: 5,066
Sqft: 1024
$/Sqft: $2,466

22 Arlington St

Sold
$1,995,000
Sold: 2025-09-15
Lot: 10,018.8
Sqft: 924
$/Sqft: $2,159

1 E Hallowell Ln

Sold
$6,425,000
Sold: 2025-07-23
Lot: 14,300.7
Sqft: 1274
$/Sqft: $5,043