42 Friendship Lane, Nantucket, MA 02554

42 Friendship Lane Nantucket MA 02554
Owner Information
Owner 1
Marc J Yacone
Owner 2
Owner's Address
42 Friendship Ln Nantucket, MA 02554
Market Sale Information
Most recent sale date
12/7/2005
Previous sale date
12/21/1993
Transfer document #
C0022044-
Previous transfer document
C0016-0076
Grantor
Kevin M McGarvey
Previous grantor
Kevin M McGarvey
Most recent sale price
$785,000.00
Previous sale price
$0.00
Site Information
Property ID
56-330
Lot Size
0.46
Use Code
109 - Multiple Houses on one parcel
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
2
Year Built
1994
Number of full baths
2
Condition
Number of half baths
Finished Area
2325
Number of Kitchen
1
Gross Living Area
4573
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$741,200.00
Total value
$1,784,000.00
Building value
$1,042,800.00
Estimated tax
$5,851.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000$2,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
42 Friendship Lane57 Somerset Road26 Milk Street45-A-B Vestal Street$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 42 Friendship Lane A) 57 Somerset RoadB) 26 Milk StreetC) 45-A-B Vestal Street
Photo
Plan
Map
Proximity 0.40.61.0
Last Sold 1/27/20253/19/202510/24/2024
Price $1,950,000$1,187,500$2,750,000
Net Living Area 2,1952,4732,407
Stories 1.7521.75
Sale Price/sft $337.63$888.38$480.19$1142.50
Style Cape CodColonialAntiqueCustom Built
Age 1994199417702005
Rooms
Bedrooms 2344
Full baths 2234
Half baths 11
Gross Living Area 4573322637113574
Heating Fuel Hot WaterHot WaterHot WaterForced Air-Duc
Detached Garage
Lot Size 0.460.460.240.47
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpWood Shingle
AEM Value - Building $1,042,800.00$1,048,000$3,238,100$3,875,400
AEM Value - Land $741,200.00$741,000$1,557,100$1,420,300
AEM Value - Other $0.00$0$0$0
AEM Value - Total $1,784,000.00$1,789,000$4,795,200$5,295,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 42 Friendship Lane 12/7/2005 $785,000 0 Cape Cod 2,325 0.46 2 2- -
  Criteria
A 57 Somerset Road 1/27/2025 $1,950,000 0.4 Colonial 2,195 0.46 3 2-
B 26 Milk Street 3/19/2025 $1,187,500 0.6 Antique 2,473 0.24 4 3-1
C 45-A-B Vestal Street 10/24/2024 $2,750,000 1.0 Custom Built 2,407 0.47 4 4-1
Averages 84 days $1,962,500 0.67 --- 2,358 0.39 --- ---  

Estimation of Market Value - $1,409,443

As of today, 04/06/2025, the estimated market value of 42 Friendship Lane, Nantucket considering the above 3 comparable properties is $1,409,443.

 

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 Property54 Meadow View Drive18 Somerset Road24 Somerset Road36 Friendship Lane40 Friendship Lane30 Friendship Lane35 Somerset Road34 Friendship Lane20 Somerset Road16 Somerset Road38 Friendship Lane59 Meadow View Drive32 Friendship Lane61 Meadow View Drive42 Friendship Lane63 Meadow View Drive57 Meadow View Drive65 Meadow View Drive31 Somerset Road5 Pinkham Circle56 Meadow View Drive55 Meadow View Drive6 Pinkham Circle21 Somerset Road8 Pinkham Circle10 Pinkham Circle60 Meadow View Drive$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 42 Friendship Lane 12/7/2005 $785,000 0 Cape Cod 2,325 0.46 2 2- -
  Criteria
A 40 Friendship Lane 3/19/2021 $865,000 0.0 Colonial 1,362 0.46 1 1-
B 38 Friendship Lane 12/2/2022 $0 0.0 Cape Cod 2,268 0.46 5 4-1
C 65 Meadow View Drive 5/10/2016 $1,025,000 0.0 Cape Cod 2,983 0.47 4 3-1
D 36 Friendship Lane 6/1/2011 $530,000 0.0 Cape Cod 1,113 0.46 3 2-
E 41 Friendship Lane 7/12/2005 $0 0.1 Cape Cod 1,680 0.53 4 3-
F 60 Meadow View Drive 12/31/2002 $0 0.1 Family Conver. 1,920 0.96 6 3-
G 63 Meadow View Drive 9/3/2013 $0 0.1 Colonial 1,440 0.51 2 2-
H 34 Friendship Lane 10/14/1994 $60,000 0.1 Cape Cod 2,247 0.46 6 2-
I 37 Friendship Lane 8/9/1993 $51,000 0.1 Colonial 1,343 0.55 2 2-
J 32 Friendship Lane 11/21/2019 $0 0.1 Cape Cod 2,196 0.46 4 2-
K 61 Meadow View Drive 7/29/1992 $59,500 0.1 Cape Cod 1,392 0.49 3 2-
L 35 Friendship Lane 5/1/2018 $950,000 0.1 Cape Cod 1,655 0.55 3 2-
M 21 Somerset Road 5/19/2015 $0 0.1 Service Shop 2,977 3 -
N 31 Somerset Road 3/26/2004 $0 0.1 Colonial 2,566 1.42 3 2-1
O 20 Somerset Road 7/13/2009 $0 0.1 Colonial 1,628 0.71 3 1-1
P 56 Meadow View Drive 2/19/2014 $1,900,000 0.1 Cape Cod 1,296 1 2 2-
Q 24 Somerset Road $0 0.1 Vacant Land 3.89 -
R 30 Friendship Lane 6/27/2012 $0 0.1 Cape Cod 1,480 0.46 3 2-1
S 8 Pinkham Circle 6/16/2022 $0 0.1 Colonial 3,619 0.76 3 3-
T 59 Meadow View Drive 10/12/2017 $1,095,000 0.1 Colonial 1,456 0.46 3 2-
U 33 Friendship Lane 3/4/2002 $220,000 0.1 Cape Cod 1,344 0.53 2 1-
V 10 Pinkham Circle 2/19/2014 $1,055,000 0.1 Conventional 1,806 0.47 2 2-
W 18 Somerset Road 5/12/1998 $0 0.1 Vacant Land 1.61 -
X 28 Friendship Lane 3/9/2017 $0 0.1 Colonial 1,904 0.5 3 2-1
Y 57 Meadow View Drive 4/7/2006 $1,540,000 0.1 Cape Cod 2,436 0.83 5 4-
Z 35 Somerset Road 10/2/1996 $190,000 0.1 Colonial 1,112 1.01 2 1-1
- 6 Pinkham Circle 8/5/2002 $0 0.1 Colonial 2,283 0.51 5 3-
- 54 Meadow View Drive 2/19/2014 $1,900,000 0.1 Vacant Land 0.46 -
- 16 Somerset Road 6/20/2018 $967,500 0.1 Colonial 2,562 0.46 4 3-1
- 29 Friendship Lane 12/5/2018 $1,110,000 0.1 Cape Cod 2,660 0.5 6 3-
- 55 Meadow View Drive 5/17/2011 $750,000 0.1 Cape Cod 2,555 1.03 3 2-1
- 5 Pinkham Circle 12/10/2010 $375,000 0.1 Colonial 2,578 0.69 3 4-1
Averages 5450 days $457,594 0.08 --- 1,808 0.83 --- ---  
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
56 330 42 Friendship Lane