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ActiveSingle Family

$7,495,000

8 Sheep Pond Rd, Nantucket 02554

Beds8
Baths8.5
Sqft4,997
DOM146
No Photos Available

AddressIntel AI Briefing

Focusing on interior renovation cycle time bypasses the long delays of the local historic review process. Because this property sits at a substantial premium over neighborhood averages, the feasibility of adding a meaningful turnkey margin is diminished. This condition 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

28/100

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 10 recent single-family sales in Nantucket (02554): $2,074/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 7,500 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.

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$4,125,000
New Build7,500 sqft
Total Capital Required$11,795,000
Estimated Resale (ARV)$16,335,000
Cost of Sale (5%)-$816,750
Carry (33mo @ 7%)-$1,856,663
Net Proceeds$13,661,588

Projected Profit

$1,866,587
15.8% ROI

Warning: Margin is tight for the construction risk.

Recent Comparables (Nantucket 02554)

Sized to the modelled 7,500 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

42 Main Sias St

Sold
$9,195,000
Sold: 2026-05-04
Lot: 36,115.6
Sqft: 5995
$/Sqft: $1,534

11A Meadow Ln

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

10 Maxey Pond Rd

Sold
$13,500,000
Sold: 2025-10-21
Lot: 133,576.7
Sqft: 5693
$/Sqft: $2,371

8 Sachem Rd

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

33 Quidnet Rd

Sold
$4,427,500
Sold: 2025-09-15
Lot: 102,762.4
Sqft: 5681
$/Sqft: $779

11 Meadow Ln Unit B

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

7 Pleasant St

Sold
$12,300,000
Sold: 2025-02-25
Lot: 13,277.1
Sqft: 5722
$/Sqft: $2,150

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