$1,999,000
20 Straight Wharf Unit C, Nantucket 02554
AddressIntel AI Briefing
The property commands a substantial premium per square foot over neighborhood comps, which limits the potential of a rapid turnaround. Strategic value would rely on finding a buyer willing to pay an even steeper premium for immediate occupancy. Inferred from pricing and time on market rather than from any inspection.
Property Permit History
Recent Neighborhood Remodeling (Nantucket)
Parcel & Zoning Info
Hazard Snapshot
Flood Zone
Fire Severity
Liquefaction
Fault Zone
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
20/100
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 7 recent condo sales in Nantucket (02554): $1,618/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 900 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.
Projected Profit
Warning: Project is mathematically underwater.
Recent Comparables (Nantucket 02554)
Sized to the modelled 900 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.