8 Milestone Road, Nantucket, MA 02554

8 Milestone Road Nantucket MA 02554
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Owner Information
Owner 1
Ganga Mukkauilli V
Owner 2
8 Milestone Rd Realty Trust
Owner's Address
8 Milestone Rd Realty Trust, 303 Fifth Ave Suite 1205 New York, NY 10016
Market Sale Information
Most recent sale date
6/14/2007
Previous sale date
Transfer document #
C22628-
Previous transfer document
C0005-0419
Grantor
Mildred M Daniels
Previous grantor
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
54-47
Lot Size
0.16
Use Code
101 - Residential, single family
Zoning
VR
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
4
Year Built
1939
Number of full baths
5
Condition
Number of half baths
Finished Area
3013
Number of Kitchen
1
Gross Living Area
3844
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$571,500.00
Total value
$1,324,600.00
Building value
$753,100.00
Estimated tax
$4,145.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 8 Milestone Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1939 Rooms Bedrooms 4 Full baths 5 Half baths Gross Living Area 3844 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.16 Roof Cover Asph/F Gls/Cmp AEM Value - Building $753,100.00 AEM Value - Land $571,500.00 AEM Value - Other $0.00 AEM Value - Total $1,324,600.00
A) 101 Orange Street 0.7 9/9/2024 $3,150,000 2,533 1.75 $1243.58 Antique 1825 4 3 1 4300 Hot Water 0.19 Wood Shingle $1,450,900 $1,018,100 $0 $2,469,000
B) 16 Back Street 0.7 8/29/2024 $3,295,000 2,946 1.75 $1118.47 Antique 1900 4 3 3339 Forced Air-Duc 0.12 Asph/F Gls/Cmp $1,400,300 $821,400 $0 $2,221,700
C) 12 Tawpoot Road 0.7 9/30/2024 $4,000,000 3,333 1.75 $1200.12 Custom Built 1986 4 3 5192 Hot Water 0.69 Asph/F Gls/Cmp $2,092,700 $764,300 $0 $2,857,000
D) 10 Kittiwake Lane 0.8 8/22/2024 $2,425,000 2,634 2 $920.65 Colonial 1997 3 2 1 3971 Forced Air-Duc 0.14 Asph/F Gls/Cmp $1,049,500 $485,700 $0 $1,535,200
E) 6 West Dover Street 0.8 7/18/2024 $2,130,000 2,321 2 $917.71 Antique 1890 4 1 3202 Hot Water 0.14 Asph/F Gls/Cmp $491,000 $1,109,500 $0 $1,600,500
F) 7 Falcon Court 0.8 4/19/2024 $2,475,000 2,568 2 $963.79 Colonial 1998 3 4 5252 Forced Air-Duc 0.12 Asph/F Gls/Cmp $1,199,500 $484,500 $0 $1,684,000
G) 25 Union Street 0.9 8/19/2024 $2,365,000 3,537 2 $668.65 Antique 1806 5 2 1 7266 Hot Water 0.14 Wood Shingle $2,507,500 $2,226,200 $0 $4,733,700
H) 45 Fair Street 0.9 5/8/2024 $4,800,000 2,854 2 $1681.85 Custom Built 1983 4 4 1 3552 Hot Water 0.07 Wood Shingle $2,636,200 $1,213,000 $0 $3,849,200
I) 1 Farmer Street 1.0 5/10/2024 $3,600,000 2,430 2 $1481.48 Antique 1850 3 3 1 3372 Hot Water 0.06 Asph/F Gls/Cmp $1,301,200 $1,122,500 $0 $2,423,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Milestone Road 6/14/2007 $0 0 Cape Cod 3,013 0.16 4 5- -
  Criteria
A 101 Orange Street 9/9/2024 $3,150,000 0.7 Antique 2,533 0.19 4 3-1
B 16 Back Street 8/29/2024 $3,295,000 0.7 Antique 2,946 0.12 4 3-
C 12 Tawpoot Road 9/30/2024 $4,000,000 0.7 Custom Built 3,333 0.69 4 3-
D 10 Kittiwake Lane 8/22/2024 $2,425,000 0.8 Colonial 2,634 0.14 3 2-1
E 6 West Dover Street 7/18/2024 $2,130,000 0.8 Antique 2,321 0.14 4 1-
F 7 Falcon Court 4/19/2024 $2,475,000 0.8 Colonial 2,568 0.12 3 4-
G 25 Union Street 8/19/2024 $2,365,000 0.9 Antique 3,537 0.14 5 2-1
H 45 Fair Street 5/8/2024 $4,800,000 0.9 Custom Built 2,854 0.07 4 4-1
I 1 Farmer Street 5/10/2024 $3,600,000 1.0 Antique 2,430 0.06 3 3-1
Averages 77 days $3,137,778 0.82 --- 2,795 0.19 --- ---  

Estimation of Market Value - $2,491,367

As of today, 10/03/2024, the estimated market value of 8 Milestone Road, Nantucket considering the above 9 comparable properties is $2,491,367.

 

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
Mailing Labels
  • 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
@ 8 Milestone Road 6/14/2007 $0 0 Cape Cod 3,013 0.16 4 5- -
  Criteria
A 1 Chatham Road 4/26/2006 $0 0.0 Ranch 940 0.34 2 1-
B 1 Monomoy Road 7/21/1998 $500,000 0.0 Service Shop 1,800 0.26 0 1-
C 3 Chatham Road 9/4/2014 $1,720,000 0.0 Colonial 2,689 0.21 4 4-1
D 5 Chatham Road 7/25/2019 $0 0.0 Colonial 2,850 0.46 4 4-1
E 5 Monomoy Road 9/5/2012 $2,240,000 0.1 Custom Built 2,984 0.38 4 4-1
F 4 Monomoy Road 8/30/2011 $5,335,000 0.1 Custom Built 6,962 1.75 6 6-2
G 2 Monomoy Road 5/11/2020 $0 0.1 Custom Built 5,637 1.43 5 6-1
H 9 Monomoy Road 11/20/2018 $0 0.1 Ranch 2,382 0.92 3 2-1
I 8 Monomoy Road 8/30/2022 $0 0.1 Custom Built 4,540 2.05 5 6-1
J 2 Polpis Road-Lot 188 10/24/2001 $0 0.1 Gar/Apt Res 1,092 0.29 3 1-1
K 11 Monomoy Road 6/14/2019 $8,100,000 0.1 Custom Built 4,164 0.69 7 4-1
L 2 Polpis Road 10/24/2001 $0 0.1 Ranch 1,140 0.44 3 1-
M 8 Chatham Road 5/28/2024 $10,252 0.1 Vacant Land 1.41 -
N 4 Polpis Road 5/23/2006 $0 0.1 Ranch 1,869 0.46 2 2-2
Averages 4367 days $1,278,947 0.07 --- 2,789 0.79 --- ---  
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
54 47 8 Milestone Road