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ActiveSingle Family

$5,998,000

38A Lovers Ln, Nantucket 02554

Beds3
Baths3.5
Sqft3,133
DOM1
No Photos Available

AddressIntel AI Briefing

No AI briefing available for this property yet. Processing may still be in progress.

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

0/100

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): $1,658/sqft. Sized within 25% of the 4,700 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$2,585,000
New Build4,700 sqft
Total Capital Required$8,758,000
Estimated Resale (ARV)$7,792,600
Cost of Sale (5%)-$389,630
Net Proceeds$7,402,970

Projected Profit

-$1,355,030
-15.5% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Nantucket 02554)

Sized to the modelled 4,700 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

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: -
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

32 India St

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

33 Pocomo Rd

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

33 Pocomo Rd

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

50 Lovers Ln

Sold
$4,340,000
Sold: 2026-02-27
Lot: 30,905.8
Sqft: 3657
$/Sqft: $1,187

50 Lovers Ln

Sold
$4,340,000
Sold: 2026-02-27
Lot: -
Sqft: 3657
$/Sqft: $1,187

29 Fair St

Sold
$2,400,000
Sold: 2025-12-23
Lot: 4,948.4
Sqft: 3964
$/Sqft: $605

240 Polpis Rd

Sold
$8,565,000
Sold: 2025-12-16
Lot: 151,153.2
Sqft: 4498
$/Sqft: $1,904