71 Milk Street, Nantucket, MA 02554

Owner Information
Owner 1
Jonathan Pokoik
Owner 2
Owner's Address
58 Crane Road Scarsdale, NY 10583
Market Sale Information
Most recent sale date
10/3/2018
Previous sale date
08/24/2017
Transfer document #
C0027056-
Previous transfer document
1606-0022
Grantor
Craig Lamb
Previous grantor
Craig Lamb
Most recent sale price
$4,667,601.00
Previous sale price
$1,182.00
Site Information
Property ID
56-210-1
Lot Size
1.2
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
2
Number of Beds
5
Year Built
1993
Number of full baths
5
Condition
Number of half baths
3
Finished Area
4212
Number of Kitchen
1
Gross Living Area
5654
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Cust Wd Panel
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$549,300.00
Total value
$3,385,400.00
Building value
$2,836,100.00
Estimated tax
$11,104.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
2 Austin Farm Drive71 Milk Street$2,600,000$2,700,000$2,800,000$2,900,000$3,000,000$3,100,000$3,200,000$3,300,000$3,400,000$3,500,000Subject PropertyTotal Assessment ($)Total Assessment
Address 71 Milk Street A) 2 Austin Farm Drive
Photo
Plan
Map
Proximity 0.8
Last Sold 3/10/2025
Price $3,468,500
Net Living Area 3,272
Stories 2
Sale Price/sft $1,108.17$1060.06
Style Cape CodColonial
Age 19931988
Rooms
Bedrooms 54
Full baths 52
Half baths 31
Gross Living Area 56545467
Heating Fuel Forced Air-DucElectr Basebrd
Detached Garage
Lot Size 1.20.96
Roof Cover Wood ShingleWood Shingle
AEM Value - Building $2,836,100.00$1,677,500
AEM Value - Land $549,300.00$1,220,800
AEM Value - Other $0.00$0
AEM Value - Total $3,385,400.00$2,898,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 71 Milk Street 10/3/2018 $4,667,601 0 Cape Cod 4,212 1.2 5 5-3 -
  Criteria
A 2 Austin Farm Drive 3/10/2025 $3,468,500 0.8 Colonial 3,272 0.96 4 2-1
Averages 77 days $3,468,500 0.76 --- 3,272 0.96 --- ---  

Estimation of Market Value - $4,258,191

As of today, 05/25/2025, the estimated market value of 71 Milk Street, Nantucket considering the above 1 comparable properties is $4,258,191.

 

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
Subject Property77 Milk Street56 Vestal Street75 Milk Street70 Milk Street67 Milk Street67 Vestal Street14 Dukes Road29 Hummock Pond Road69 Vestal Street60 Vestal Street28 Dukes Road1 Hawthorne Lane35 Hummock Pond Road69 Milk Street64 Milk Street73 Milk Street58 Vestal Street74 Vestal Street65 Vestal Street63 Vestal Street71 Milk Street79 Milk Street78 Milk Street74 Milk Street61 Vestal Street70 Vestal Street73 Vestal Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000$5,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 71 Milk Street 10/3/2018 $4,667,601 0 Cape Cod 4,212 1.2 5 5-3 -
  Criteria
A 73 Milk Street 10/4/2017 $1,669 0.0 Colonial 2,773 1.22 4 3-1
B 69 Milk Street 2/13/1995 $0 0.0 Cape Cod 2,168 1.6 3 3-1
C 67 Milk Street 7/1/2019 $0 0.0 Vacant Land 1.56 -
D 75 Milk Street 11/30/2017 $3,268 0.0 Cape Cod 1,463 1.19 2 3-
E 70 Vestal Street 7/23/2018 $0 0.1 Custom Built 3,271 0.84 5 4-1
F 60 Vestal Street 7/17/2019 $0 0.1 Colonial 2,121 1.22 4 2-
G 77 Milk Street 11/30/2017 $1,018 0.1 Vacant Land 1.14 -
H 58 Vestal Street 7/19/2006 $1,060,000 0.1 Cape Cod 2,780 1.28 4 3-
I 70 Milk Street 11/14/2003 $590,000 0.1 Cape Cod 1,320 0.18 3 1-1
J 69 Vestal Street 12/29/2011 $0 0.1 Cape Cod 2,352 0.46 4 3-1
K 74 Milk Street 9/10/2019 $1,665,000 0.1 Colonial 2,420 0.51 3 2-
L 73 Vestal Street 4/15/2022 $2,850,000 0.1 Ranch 1,868 0.88 4 1-
M 56 Vestal Street 8/27/2003 $82,000 0.1 Vacant Land 1.24 -
N 67 Vestal Street 1/10/2025 $3,200,000 0.1 Ranch 356 0.61 1 1-
O 65 Vestal Street 6/15/2020 $0 0.1 Colonial 4,002 0.51 3 3-
P 74 Vestal Street 7/30/1997 $215,000 0.1 Colonial 2,512 1.27 4 3-1
Q 79 Milk Street 11/10/2020 $2,250,000 0.1 Cape Cod 4,285 0.53 6 5-2
R 63 Vestal Street 11/24/2003 $350,000 0.1 Colonial 2,812 0.25 3 2-
S 72 Milk Street 1/14/2013 $0 0.1 Cape Cod 2,348 0.53 6 3-
T 66 Milk Street 9/20/2018 $1,915,900 0.1 Colonial 1,976 0.46 3 1-1
U 78 Milk Street 4/23/2015 $700,000 0.1 Ranch 4,122 0.5 5 4-2
V 61 Vestal Street 10/26/2015 $1,715,000 0.1 Cape Cod 3,594 0.17 6 5-1
W 35 Hummock Pond Road 6/2/2021 $0 0.1 Ranch 2,200 0.47 5 3-1
X 25 Hummock Pond Road 3/14/2006 $999,000 0.1 Ranch 1,462 0.49 3 1-
Y 64 Milk Street 4/19/2022 $2,650,000 0.1 Antique 2,182 0.46 4 3-
Z 1 Hawthorne Lane 4/11/1995 $0 0.1 Ranch 1,558 1 2 2-
- 28 Dukes Road 5/15/2006 $0 0.1 Colonial 2,374 1.06 4 2-2
- 29 Hummock Pond Road 11/7/2013 $0 0.1 Conventional 2,380 0.38 4 2-
- 14 Dukes Road 9/29/2020 $0 0.1 Ranch 808 0.46 3 2-
Averages 4350 days $698,202 0.09 --- 2,121 0.77 --- ---  
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
56 210 1 71 Milk Street