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ActiveSingle Family

$3,000,000

1 and 3 Hooper Farm Rd, Nantucket 02554

Beds10
Baths3.5
Sqft2,822
DOM65
No Photos Available

AddressIntel AI Briefing

The asking price is double the neighborhood baseline, suggesting the property may already be in an advanced state or significantly overpriced. Attempting an interior-only renovation is highly unlikely to yield a positive return given the lack of pricing headroom. Condition and flippability are 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): $2,120/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 4,200 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$2,310,000
New Build4,200 sqft
Total Capital Required$5,485,000
Estimated Resale (ARV)$9,349,200
Cost of Sale (5%)-$467,460
Carry (33mo @ 7%)-$816,681
Net Proceeds$8,065,059

Projected Profit

$2,580,059
47.0% ROI

Recent Comparables (Nantucket 02554)

Sized to the modelled 4,200 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

2 Mariners Way

Sold
$5,200,000
Sold: 2026-10-02
Lot: -
Sqft: 3438
$/Sqft: $1,513

6 Gull Island Ln

Sold
$9,375,000
Sold: 2026-09-15
Lot: 4,817.7
Sqft: 3179
$/Sqft: $2,949

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 The Captains Ln

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

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

32 India St

Sold
$8,100,000
Sold: 2026-03-12
Lot: 6,307.5
Sqft: 3820
$/Sqft: $2,120

6 Berkeley Ave

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

32 India St

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

33 Pocomo Rd

Sold
$16,800,000
Sold: 2026-03-02
Lot: 156,816
Sqft: 5222
$/Sqft: $3,217

33 Pocomo Rd

Sold
$16,800,000
Sold: 2026-03-02
Lot: -
Sqft: 5222
$/Sqft: $3,217