Back to Search
ActiveSingle Family

$2,800,000

65 Milestone Rd, Nantucket 02554

Beds2
Baths2
Sqft999
DOM8
No Photos Available

AddressIntel AI Briefing

This property is listed at a significant premium relative to local comparables, severely limiting the potential margin for an interior renovation and resale play. Because navigating the Historic District Commission for exterior work involves lengthy delays, maximizing cycle time with a rapid interior update is the only viable path, though the current pricing suggests there is little room to capture a valuation gap. This premium entry price likely points to an interior that is already in turnkey condition, 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

10/100

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): $1,679/sqft. Sized within 25% of the 1,500 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.

Carry on total capital for the project duration. At 0% the model is a cash purchase; 12 months at a typical construction-loan rate moves ROI by 6 to 10 points on a deal this size, so price it with your real rate.

Hard Costs$825,000
New Build1,500 sqft
Total Capital Required$3,800,000
Estimated Resale (ARV)$2,518,500
Cost of Sale (5%)-$125,925
Net Proceeds$2,392,575

Projected Profit

-$1,407,425
-37.0% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Nantucket 02554)

Sized to the modelled 1,500 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

5 Rudder Ln

Sold
$2,652,000
Sold: 2026-06-26
Lot: 21,762.6
Sqft: 1762
$/Sqft: $1,505

4 Berkley St

Sold
$1,925,000
Sold: 2026-05-21
Lot: 7,840.8
Sqft: 1824
$/Sqft: $1,055

51 N Liberty St

Sold
$2,550,000
Sold: 2026-02-10
Lot: 6,307.5
Sqft: 1788
$/Sqft: $1,426

62 Nobadeer Ave

Sold
$4,400,000
Sold: 2026-02-04
Lot: 30,017.2
Sqft: 1514
$/Sqft: $2,906

32 W Chester St

Sold
$4,500,000
Sold: 2025-12-11
Lot: 6,307.5
Sqft: 1584
$/Sqft: $2,841

32B W Chester St

Sold
$4,500,000
Sold: 2025-12-11
Lot: 6,307.5
Sqft: 1584
$/Sqft: $2,841

23 Fairgrounds Rd

Sold
$2,000,000
Sold: 2025-12-10
Lot: 14,793
Sqft: 1872
$/Sqft: $1,068

20 Somerset Ln

Sold
$3,000,000
Sold: 2025-12-05
Lot: 20,015.8
Sqft: 1440
$/Sqft: $2,083

13 W Chester St

Sold
$125,000
Sold: 2025-10-24
Lot: 9,352.3
Sqft: 1512
$/Sqft: $83

29 Douglas Way

Sold
$3,200,000
Sold: 2025-10-01
Lot: 27,442.8
Sqft: 1732
$/Sqft: $1,848

198 Hummock Pond Rd

Sold
$5,250,000
Sold: 2025-09-29
Lot: 86,967.5
Sqft: 1736
$/Sqft: $3,024

2 York St

Sold
$2,402,350
Sold: 2025-09-15
Lot: 4,438.8
Sqft: 1590
$/Sqft: $1,511