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Nantucket 02554
1 Pheasant Dr
Photo of 1 Pheasant Dr

10

Map

Photo of 1 Pheasant Dr
Photo of 1 Pheasant Dr
$1,890,000
↓ $100K (5%)
● House - For Sale

1 Pheasant Dr

Nantucket, MA 02554
bedrooms
Studio
bathrooms
1 Bath
square feet
700 Ft²
$9,637
Est. Monthly

About This Property

Charming studio approx. 700 sq. ft. cottage main structure with approx. 400 sq. ft. auxiliary building and additional storage shed. Convenient mid-island cul-de-sac location, short walk to the NRTA bus stop. 6 year seasonal rental history. Managed by caretakers for 15 years. Well-maintained since 2020. The Property, including all improvements, structures, and systems, are sold in 'as-is, where-is' condition.
Unit Size
700 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$2,700
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1983

Listed By

Lisa Berry
[email protected]
Simply Sell Realty

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 days ago (MLSPIN #73577617)

Price History

Date / Event Date Event Price
Sep 26, 2026 Price Decreased $1,890,000
↓ $100K (5%)
Price Decreased
Sep 15, 2026 Listed by Simply Sell Realty $1,990,000
Listed by Simply Sell Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Off Street, Paved
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 1
Appliances: Electric Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
Flooring Type: Wood, Vinyl
Laundry Features: Electric Dryer Hookup
Rooms: 4
Has Fireplace
Fireplaces: 1
Basement: Full, Walk-Out Access, Interior Entry, Concrete
Exterior Details
Square Footage: 700
Security Features: Security System
Architectural Style: See Remarks
Year Built Source: Public Records
Year Built: 1983
Building Area Total: 700
Building Area Units: Square Feet
Window Features: Screens
Construction Materials: Frame
Patio and Porch Features: Deck, Patio
Lot Features: Cul-De-Sac, Corner Lot, Level
Lot Size Area: 0.2
Lot Size Units: Acres
Lot Size Acres: 0.2
Lot Size Square Feet: 8920
Tax Lot: 1
Water Source: Public
Financial Details
Tax Map Number: 21
Tax Assessed Value: $1,370,100
Tax Annual Amount: $4,275
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Natural Gas
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,920
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRUCE H POOR
  • Land Acres: 0000000205
  • Standard Land Use Code: 1100
  • County Land Use Code: 109

Neighborhood

  • School District Name: Nantucket School District
  • School Tax School District: NANTUCKET SD
  • Census Tract: 950201

Zoning

  • Zoning: R10

Geography

  • Account Number: 5241
  • District: 197
  • Parcel: NANT M:00067 P:00002
  • Municipality: NANTUCKET
  • Latitude: 41.2674
  • Longitude: -70.1059

    Address

  • Full Address: 1 Pheasant Dr
  • Address - House Number: 1
  • Address - Street Name: Pheasant
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Nantucket
  • Carrier Code: C007
  • 4-Digit Zip Code: 2779
  • Zip Code: 02554

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $319,000

    Appraisal Valuation

  • Standard Deviation: 0.1577
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 68
  • Final Value: 1,373,576
  • High Value: 1,590,204
  • Low Value: 1,156,947

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $993,800
  • Assessed Land Value: $587,900
  • Assessed Improvements Value: $405,900
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Nantucket

Stats & Trends

Median Asking:

$5,399,000

Sale Price/ft²

$1,613

Below Asking

0.02%

Average Days on Market

122

Average Home Size

3430 ft²

Average Home Age

45.7 years

Currently For Sale

7 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 3 days ago
Data Source: MLS PIN, MLS# 73577617

Frequently Asked Questions

When was property at 1 Pheasant Drive built and last sold?
The property at 1 Pheasant Drive was built in 1983 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1 Pheasant Drive is $1,882,372.
What are some comparable homes to 1 Pheasant Drive?
There are currently no comparable homes to 1 Pheasant Drive.
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