2 Cathcart Road, Nantucket, MA 02554

2 Cathcart Road Nantucket MA 02554
Owner Information
Owner 1
Richard P Beaudette
Owner 2
2 Cathcart Nominee Trust
Owner's Address
P O Box 659 Nantucket, MA 02554
Market Sale Information
Most recent sale date
1/19/2022
Previous sale date
12/31/2020
Transfer document #
C28688-
Previous transfer document
C28099-0
Grantor
Cathcart Harbor View LLC
Previous grantor
Camilla A Witman
Most recent sale price
$3,200,000.00
Previous sale price
$2,400,000.00
Site Information
Property ID
54-81
Lot Size
1.3
Use Code
130 - Land, developable
Zoning
LUG1
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
$3,128,600.00
Total value
$3,128,600.00
Building value
$0.00
Estimated tax
$9,792.00
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 Cathcart Road 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 1.3 Roof Cover AEM Value - Building $0.00 AEM Value - Land $3,128,600.00 AEM Value - Other $0.00 AEM Value - Total $3,128,600.00
A) 7 Brewster Road 0.3 4/8/2024 $3,000,000 - Vacant Land 0.96 $0 $2,323,600 $0 $2,323,600
B) 8 Chatham Road 0.4 5/28/2024 $10,252 - Vacant Land 1.41 $0 $2,404,600 $0 $2,404,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Cathcart Road 1/19/2022 $3,200,000 0 Vacant Land 1.3 - -
  Criteria
A 7 Brewster Road 4/8/2024 $3,000,000 0.3 Vacant Land 0.96 -
B 8 Chatham Road 5/28/2024 $10,252 0.4 Vacant Land 1.41 -
Averages 65 days $1,505,126 0.34 --- 1.18 --- ---  

Estimation of Market Value - $1,991,852

As of today, 07/06/2024, the estimated market value of 2 Cathcart Road, Nantucket considering the above 2 comparable properties is $1,991,852.

 

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 Cathcart Road 1/19/2022 $3,200,000 0 Vacant Land 1.3 - -
  Criteria
A 24 Brewster Road 6/1/1988 $0 0.0 Vacant Land 0.92 -
B 26 Brewster Road $0 0.0 Colonial 2,048 0.92 3 2-1
C 4 Cathcart Road 11/21/2023 $200,000 0.1 Guest Quarters 288 0.98 1 1-
D 22 Brewster Road 5/1/2012 $0 0.1 Gar/Apt Res 684 4.18 2 1-
E 28 Brewster Road 3/30/1995 $0 0.1 Modern/Contemp 2,424 0.93 4 3-
F 32 Brewster Road 8/28/2000 $1,200,000 0.1 Custom Built 3,324 1.74 3 3-1
G 29 Brewster Road 10/24/2018 $2,000,000 0.1 Vacant Land 0.92 -
H 4 Cathcart Road 1/31/2022 $6,625,000 0.1 Vacant Land 7.65 -
I 20 Brewster Road 10/9/2001 $0 0.1 Cape Cod 3,607 0.94 4 4-
J 25 Brewster Road 11/9/2022 $0 0.1 Colonial 2,560 1.03 2 2-1
K 8 Cathcart Road 5/14/1997 $2,150,000 0.1 Custom Built 3,301 1.65 4 3-1
L 5 Boston Avenue 5/11/2015 $0 0.1 Colonial 3,744 1.06 4 4-
M 5 Cathcart Road 10/12/2010 $3,300,000 0.1 Colonial 2,538 1 4 3-1
N 29 Brewster Road-Lot 293 10/24/2018 $7,175,000 0.1 Custom Built 7,310 1.34 5 4-1
O 27 Brewster Road 7/30/2014 $5,400,000 0.1 Custom Built 7,205 1.52 10 7-1
P 29-B Brewster Road 5/13/2021 $0 0.1 Conventional 2,733 1 4 4-1
Averages 4953 days $1,753,125 0.09 --- 2,610 1.74 --- ---  
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 81 2 Cathcart Road