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ActiveSingle Family

$5,999,000

4 Bittersweet Ln, Nantucket 02554

Beds5
Baths5.5
Sqft4,655
DOM42
No Photos Available

AddressIntel AI Briefing

A minor discount to the neighborhood baseline presents a reasonable window for a rapid interior cosmetic upgrade. By avoiding lengthy historic commission reviews and executing a swift turnaround, an investor could target the turnkey buyer pool. 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.

Proprietary Intelligence

Market Heat Index

0/100

Based on recent sales velocity and local demand in 02554.

Flippability Score

68/100

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): $1,766/sqft. Sized within 25% of the 7,000 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$3,850,000
New Build7,000 sqft
Total Capital Required$10,024,000
Estimated Resale (ARV)$12,362,000
Cost of Sale (5%)-$618,100
Net Proceeds$11,743,900

Projected Profit

$1,719,900
17.2% ROI

Warning: Margin is tight for the construction risk.

Recent Comparables (Nantucket 02554)

Sized to the modelled 7,000 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

54 Old South Rd

Sold
$500,000
Sold: 2025-02-19
Lot: -
Sqft: 5309
$/Sqft: $94

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

3 Westerwick Dr

Sold
$7,000,000
Sold: 2024-09-17
Lot: 19,998.4
Sqft: 6049
$/Sqft: $1,157