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ActiveSingle Family

$3,995,000

8 Fox Grape Ln, Nantucket 02554

Beds4
Baths3.5
Sqft2,030
DOM1
No Photos Available

AddressIntel AI Briefing

This listing is priced at a substantial premium compared to similar neighborhood sales, severely limiting the potential for a profitable flip. Navigating the island's strict historic guidelines means avoiding exterior changes and focusing solely on accelerating interior updates to capture turnkey demand. This analysis is 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

12/100

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): $1,564/sqft. Sized within 25% of the 3,000 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$1,650,000
New Build3,000 sqft
Total Capital Required$5,820,000
Estimated Resale (ARV)$4,692,000
Cost of Sale (5%)-$234,600
Net Proceeds$4,457,400

Projected Profit

-$1,362,600
-23.4% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Nantucket 02554)

Sized to the modelled 3,000 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

7 Pilgrim Ct

Sold
$7,195,000
Sold: 2026-08-26
Lot: 8,049.9
Sqft: 3128
$/Sqft: $2,300

9 Carew Ln

Sold
$4,200,000
Sold: 2026-08-04
Lot: 5,183.6
Sqft: 2655
$/Sqft: $1,582

247 Polpis Rd

Sold
$7,675,000
Sold: 2026-08-04
Lot: 120,225.6
Sqft: 3327
$/Sqft: $2,307

23 Liberty St

Sold
$4,200,000
Sold: 2026-07-31
Lot: 5,436.3
Sqft: 3262
$/Sqft: $1,288

6 Mariners Way

Sold
$5,250,000
Sold: 2026-07-31
Lot: -
Sqft: 3024
$/Sqft: $1,736

2 Goldenrod Ct

Sold
$2,535,000
Sold: 2026-07-17
Lot: -
Sqft: 3029
$/Sqft: $837

21 Quidnet Rd

Sold
$8,500,000
Sold: 2026-06-30
Lot: 164,865.9
Sqft: 2827
$/Sqft: $3,007

26 Milk St

Sold
$3,700,000
Sold: 2026-03-31
Lot: 10,663.5
Sqft: 2473
$/Sqft: $1,496

25 Pine St

Sold
$4,800,000
Sold: 2026-03-30
Lot: -
Sqft: 3070
$/Sqft: $1,564

25 Pine St

Sold
$4,800,000
Sold: 2026-03-30
Lot: 5,035.5
Sqft: 3070
$/Sqft: $1,564

10 Milk St

Sold
$5,075,000
Sold: 2026-03-26
Lot: 4,373.4
Sqft: 3597
$/Sqft: $1,411

10 Milk St

Sold
$5,075,000
Sold: 2026-03-26
Lot: -
Sqft: 3597
$/Sqft: $1,411