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ActiveSingle Family

$3,695,000

70 Hooper Farm Rd, Nantucket 02554

Beds4
Baths4
Sqft2,697
DOM51
No Photos Available

AddressIntel AI Briefing

The listing is priced at a severe premium compared to local comps, which severely limits any upside from an interior renovation. There is little justification for a flip strategy given that the current pricing already exceeds typical neighborhood levels. 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

15/100

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 4,000 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$2,200,000
New Build4,000 sqft
Total Capital Required$6,070,000
Estimated Resale (ARV)$6,256,000
Cost of Sale (5%)-$312,800
Net Proceeds$5,943,200

Projected Profit

-$126,800
-2.1% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Nantucket 02554)

Sized to the modelled 4,000 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

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

6 The Captains Ln

Sold
$25,000
Sold: 2026-06-24
Lot: 6,743.1
Sqft: 3819
$/Sqft: $7

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: -
Sqft: 3597
$/Sqft: $1,411

10 Milk St

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

32 India St

Sold
$8,100,000
Sold: 2026-03-12
Lot: -
Sqft: 3820
$/Sqft: $2,120

6 Berkeley Ave

Sold
$12,250,000
Sold: 2026-03-12
Lot: -
Sqft: 3656
$/Sqft: $3,351