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ActiveSingle Family

$8,995,000

10 Sheep Commons Ln, Nantucket 02554

Beds4
Baths5.5
Sqft5,717
DOM87
No Photos Available

AddressIntel AI Briefing

This property carries a massive premium over local comps, leaving no logical room for a profitable interior renovation and resale play. Any investment here would be a lifestyle purchase rather than a viable flip. 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 6 recent single-family sales in Nantucket (02554): $2,160/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 8,600 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$4,730,000
New Build8,600 sqft
Total Capital Required$13,900,000
Estimated Resale (ARV)$19,504,800
Cost of Sale (5%)-$975,240
Carry (33mo @ 7%)-$2,203,644
Net Proceeds$16,325,916

Projected Profit

$2,425,916
17.5% ROI

Warning: Margin is tight for the construction risk.

Recent Comparables (Nantucket 02554)

Sized to the modelled 8,600 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

8 Sachem Rd

Sold
$31,000,000
Sold: 2025-09-30
Lot: 44,396.4
Sqft: 6456
$/Sqft: $4,802

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