2 New Whale Street, Nantucket, MA 02554

2 New Whale Street Nantucket MA 02554
Owner Information
Owner 1
Nir Salem St LLC
Owner 2
Owner's Address
C/O New England Development, 75 Park Plaza #3 Boston, MA 02116
Market Sale Information
Most recent sale date
12/8/2020
Previous sale date
09/25/1996
Transfer document #
1786-186
Previous transfer document
C0017-0520
Grantor
Richard J McCready
Previous grantor
Winthrop Nantucket L P
Most recent sale price
$8,159,800.00
Previous sale price
$0.00
Site Information
Property ID
4231-87
Lot Size
0.51
Use Code
337 - Parking Lots
Zoning
RC
Building Style
Vacant Land
Number of Rooms
Stories
Number of Beds
Year Built
Number of full baths
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Floor type
Solar Hot Water
No
Roof Structure
Heating type
Roof Cover
Heating fuel
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2024
Land Value
$536,175.00
Total value
$588,675.00
Building value
$52,500.00
Estimated tax
$3,119.00
Yard improvement value
$0.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 2 New Whale Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft - Style Vacant Land Age Rooms Bedrooms Full baths Half baths Gross Living Area Heating Fuel Detached Garage Lot Size 0.51 Roof Cover AEM Value - Building $52,500.00 AEM Value - Land $536,175.00 AEM Value - Other $0.00 AEM Value - Total $588,675.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 New Whale Street 12/8/2020 $8,159,800 0 Vacant Land 0.51 - -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

In estimating the current market value, RealtyInSite follows the sales comparison (market) approach which is an approach based on the principles of supply and demand (principle of change) and the principle of substitution. The principle of substitution assumes that a prudent person will pay no more for a property than it would cost to purchase a comparable substitute property.

 

Comparable sales data are applied to arrive at an estimate of value. By default, comparable properties are those properties located within 1 mile of the subject property that have sold within the last 6 months and have a similar size of living area. The table shown above lists the comparable properties that were considered. Note that which properties are considered comparables can be adjusted by varying the selection criteria or deleting non-representative properties.

Neighboring Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 New Whale Street 12/8/2020 $8,159,800 0 Vacant Land 0.51 - -
  Criteria
A 0 Straight Wharf 12/8/2020 $151,000 0.0 Vacant Land 0.09 -
B 9 Salem Street-Lot 229 12/8/2020 $8,159,800 0.0 Vacant Land 0.06 -
C 16 Straight Wharf 6/22/2005 $55,000,000 0.0 Store 2,428 0.07 0 2-
D 12 Straight Wharf 8/27/1984 $0 0.0 Store 3,528 0.07 0 2-
E 10 Straight Wharf 4/29/2016 $1,850,000 0.0 Store 2,064 0.05 0 1-
F 1 New Whale Street 6/22/2005 $55,000,000 0.0 Vacant Land 0.07 -
G 20 Straight Wharf 6/5/2012 $3,420,000 0.0 Restaurant 7,134 0.07 2 3-
H 6 Straight Wharf $0 0.0 Retail Condo 884 0 0 2-
I 6-A Straight Wharf 6/7/2016 $0 0.0 Condominium 484 0 1 1-
J 8 Straight Wharf 1/23/2008 $0 0.0 Retail Condo 1,221 0 0 2-
K 15 Candle Street 6/22/2005 $55,000,000 0.0 Vacant Land 0.22 -
L 2 Straight Wharf 12/17/2021 $0 0.0 Aptovrret/Off 7,800 0.14 3 3-
M 10 Still Dock 2/4/2020 $2,225,000 0.0 Wharf Cottage 1,425 0.04 2 2-1
N 14 Still Dock 9/4/2020 $1,225,000 0.0 Condominium 745 0 2 1-
O 7 Salem Street 12/8/2020 $8,159,800 0.0 Store 4,103 0.13 2 1-1
P 7 Old North Wharf 5/6/2008 $2,750,000 0.0 Wharf Cottage 2,206 0.08 4 3-
Q 11 New Whale Street 6/22/2005 $55,000,000 0.0 Store 5,805 0.07 0 2-
R 15 Old North Wharf 5/1/1982 $0 0.0 Wharf Cottage 880 0.02 3 1-1
S 17 Old North Wharf 8/13/2021 $0 0.0 Wharf Cottage 1,500 0.01 1 2-
T 21 Old North Wharf 1/16/2018 $3,250,000 0.1 Wharf Cottage 1,202 0.03 2 2-
U 0 Main Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 7,519 0.11 -
V 1 Main Street 6/22/2005 $55,000,000 0.1 Restaurant 4,360 0.07 0 4-
W 1-R Old North Wharf 1/26/2017 $1,550,000 0.1 Conventional 1,076 0.04 1 1-1
X 5 Candle Street $0 0.1 Light Indust 6,624 0.44 0 2-
Y 2 Washington Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,940 0.1 4 4-
Z 12 Old North Wharf 2/21/1997 $0 0.1 Wharf Cottage 486 0.05 1 1-
- 14 Old North Wharf 6/12/1998 $0 0.1 Wharf Cottage 343 0.04 1 1-
- 3 Salem Street 12/8/2020 $1,986,500 0.1 Store 2,178 0.05 0 2-
- 6 Commercial Street $0 0.1 Vacant Land 0.16 -
- 0 Old South Wharf 6/22/2005 $55,000,000 0.1 Commercial 336 0.51 0 0-
- 16 Old North Wharf 7/14/2000 $1,600,000 0.1 Wharf Cottage 393 0.02 1 1-
- 18 Old North Wharf 11/16/2018 $5,800,000 0.1 Wharf Cottage 889 0.04 2 2-
- 10 New Whale Street $0 0.1 Light Indust 1,768 1.31 0 0-
- 10 Old North Wharf 6/23/2015 $0 0.1 Wharf Cottage 1,316 0.02 4 2-
- 15 Main Street $0 0.1 Profess. Bldg 3,528 0.04 0 2-
- 23 Old North Wharf 4/10/2002 $0 0.1 Commercial 328 0.01 0 0-
- 20 Old North Wharf 3/26/1998 $200,000 0.1 Clubs/Lodges 400 0.02 1-
- 6 Old North Wharf 7/8/2016 $3,995,000 0.1 Wharf Cottage 1,200 0.02 3 2-1
- 4 Easy Street 5/8/2024 $2,600,000 0.1 Store 1,764 0.06 0 2-
- 22 Old North Wharf 1/30/2014 $0 0.1 Cooperative 690 0.02 1 1-1
- 4 Old North Wharf 12/24/2002 $0 0.1 Warehouse 1,078 0.02 1-
- 1 Salem Street 10/7/2008 $1,750,000 0.1 Aptovrret/Off 1,371 0.05 1 1-1
- 8 Washington Street 12/30/1988 $0 0.1 Aptovrret/Off 4,340 0.13 2 3-
- 7 Easy Street 10/10/2012 $0 0.1 Aptovrret/Off 1,539 0.09 2 2-
- 25 Old North Wharf 10/31/2017 $5,450,000 0.1 Wharf Cottage 1,200 0.04 2 1-1
- 12 New Whale Street $0 0.1 Commercial 288 0.12 1 1-
- 5-A South Water Street 10/22/1997 $0 0.1 Retail Condo 687 0 0 0-
- 1 Candle Street $0 0.1 Vacant Land 0.2 -
- 10 Washington Street 7/22/2022 $4,750,000 0.1 Store 2,040 0.12 3-
- 0 Straight Wharf 6/22/2005 $55,000,000 0.1 Restaurant 2,059 1.45 0 2-
- 6 Easy Street 3/10/2014 $22,700 0.1 Vacant Land 0.01 -
- 24 Old North Wharf 9/20/2021 $6,666,667 0.1 Wharf Cottage 964 0.03 3 2-1
- 16 Main Street 3/21/2016 $0 0.1 Store 4,488 0.05 0 2-
- 2 Union Street 10/29/2019 $2,850,000 0.1 Store 2,788 0.04 0 2-
- 12 Washington Street 7/22/2022 $4,750,000 0.1 Vacant Land 0.1 -
- 10 Easy Street 12/4/2023 $3,800,000 0.1 Colonial 2,384 0.11 2 3-
- 4 Commercial Street $0 0.1 Vacant Land 0.03 -
- 2 Commercial Street-Lot 94 $0 0.1 Vacant Land 0.01 -
- 6 Union Street 3/10/1999 $1,650,000 0.1 Aptovrret/Off 6,608 0.18 5 9-
- 21 Main Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,413 0 0 2-
- 4 South Water Street 9/21/2005 $15,473,000 0.1 Store 1,704 0.03 0 2-
- 0 Straight Wharf 6/22/2005 $55,000,000 0.1 Store 2,200 0.24 0 2-
- 30 Main Street $0 0.1 Fraternal Lodge 7,533 0.09 0 2-
- 3 North Union Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,720 0 2-
- 11 South Water Street 6/22/2005 $55,000,000 0.1 Store 3,329 0.1 0 2-
- 3 Union Street $0 0.1 Telephone Bldg 5,265 0.37 0 2-
- 15 Commercial Wharf 10/22/2020 $2,950,000 0.1 Aptovrret/Off 1,364 0.08 1 1-1
- 13 Commercial Wharf 7/14/2021 $5,350,000 0.1 Colonial 2,576 0.18 2 2-1
- 15 South Water Street 9/21/2005 $4,027,000 0.1 Restaurant 3,590 0.15 0 3-
- 19 Washington Street 2/27/1996 $170,000 0.1 Store 1,850 0.03 0 0-
- 23 Main Street 10/27/2016 $0 0.1 Store 1,536 0.04 0 1-
- 11 Washington Street 6/3/2021 $3,400,000 0.1 Aptovrret/Off 2,662 0.07 1 1-1
- 3 Commercial Street 6/20/2014 $15,500,000 0.1 Cape Cod 752 0.51 1 1-
- 17 Washington Street 2/16/2016 $800,000 0.1 Antique 1,456 0.05 3 1-1
- 17 Commercial Wharf 10/5/2004 $4,100,000 0.1 Vacant Land 0.16 -
- 21 Washington Street $0 0.1 Clubs/Lodges 7,084 0.12 0 2-
- 21 Easy Street 7/17/2017 $4,500,000 0.1 Ranch 945 0.07 1 2-
- 15 Washington Street 12/15/2020 $1,700,000 0.1 Store 1,136 0.07 0 0-
- 23 Washington Street 8/4/1986 $0 0.1 Restaurant 3,632 0.11 0 2-
- 17-A Washington Street 10/17/2005 $1,400,000 0.1 Cottage 543 0.07 1 1-
- 32 Main Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,498 0.07 3 6-
- 8 Union Street $0 0.1 Condominium 1,935 0 5 2-
- 21 Commercial Wharf 4/16/2002 $0 0.1 Conventional 1,655 0.03 3 2-
- 7 Union Street 3/24/1998 $910,000 0.1 B+B/Inn 5,919 0.19 14 9-
- 31 Main Street 2/14/2007 $0 0.1 Store 7,138 0.08 0 2-
- 29 Commercial Wharf 6/11/1998 $2,900,000 0.1 Bungalow 484 0.54 2 1-
- 17 South Water Street 10/3/2007 $9,800,000 0.1 Theaters Encl. 16,184 0.31 3-
- 5 Coffin Street 10/23/2009 $0 0.1 Vacant Land 0.03 -
- 0 New Whale Street 10/5/2004 $4,100,000 0.1 Vacant Land 0.02 -
- 3 Coffin Street $82,800 0.1 Colonial 1,380 0.03 4 2-
- 26 Easy Street 12/28/2021 $1,995,000 0.1 Aptovrret/Off 1,362 0.06 0 0-
- 23 Commercial Wharf 4/12/2013 $720,000 0.1 Cottage 707 0.03 2 2-
- 3 Federal Street $0 0.1 Churches 4,615 0.13 0 2-
- 24 Washington Street 9/15/2006 $10,150,000 0.1 Family Duplex 2,914 0.15 2 1-
- 6 Coffin Street 12/12/2002 $0 0.1 Aptovrret/Off 2,562 0.11 1 2-
- 34 Main Street 6/22/2005 $55,000,000 0.1 Store 8,033 0.1 0 2-
- 29 Easy Street 9/30/1993 $0 0.1 Colonial 1,356 0.05 4 2-1
- 27 Easy Street 11/16/2015 $5,600,000 0.1 Vacant Land 0.18 -
- 25 Commercial Wharf 5/23/1986 $0 0.1 Conventional 952 0.02 2 1-1
- 12 Oak Street 5/31/2019 $6,500,000 0.1 Aptovrret/Off 7,123 0.19 2 2-1
- 7 Federal Street $0 0.1 Post Office 4,544 0.12 0 2-
- 28 Easy Street 10/27/2011 $1,227,840 0.1 Aptovrret/Off 3,958 0.1 3 6-
- 25-B Washington Street 8/15/2019 $0 0.1 Aptovrret/Off 1,695 0.11 1 2-
- 9 Union Street 7/15/2021 $5,100,000 0.1 Antique 3,378 0.08 5 4-2
- 10 Union Street 9/4/2020 $3,850,000 0.1 Antique 2,737 0.28 5 4-
Averages 5300 days $9,318,001 0.08 --- 2,417 0.12 --- ---  
DISCLAIMER: The information in this report was collected from the concerned Assessors Office and Registry of Deeds.  Compu-Links disclaims any and all representations or warranties as to the accuracy of this information
4231 87 2 New Whale Street