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Nantucket 02554
26 Allens Ln
$575,000
● House - Off Market

26 Allens Ln

Nantucket, MA 02554
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$1,030,725
RealtyHop Estimate
75.00%
Since Oct 1, 2007
National-US
Primary Model

About This Property

Ranch style home with expansive ground cover remaining on lot. Many options remain for the first time home buyer or investor. Expand existing home or more home and build two family duplex to rent or condo units.
Unit Size
864 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$682
Property Type
House
Property Taxes
$114
HOA Dues
-
Year Built
1972

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 4 years ago (MLSPIN #70528226)

Price History

Date / Event Date Event Price
Sep 28, 2007 Sold
Premium
Sold
Feb 20, 2007 Listed by Kinlin Grover Compass $589,000
Listed by Kinlin Grover Compass

Property Highlights

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 10,212
  • Total Building Area: 1,016
  • Gross Building Area: 1,858
  • Building Area: 1,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,016
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000234
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R10

Geography

  • Account Number: 5430
  • District: 197
  • Parcel: NANT M:00067 P:00126
  • Municipality: NANTUCKET
  • Latitude: 41.2674
  • Longitude: -70.095

    Address

  • Full Address: 26 Allens Ln
  • Address - House Number: 26
  • Address - Street Name: Allens
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Nantucket
  • Carrier Code: C003
  • 4-Digit Zip Code: 4160
  • Zip Code: 02554

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $305,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2289
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 54
  • Final Value: 1,458,903
  • High Value: 1,792,903
  • Low Value: 1,124,902

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $953,100
  • Assessed Land Value: $630,200
  • Assessed Improvements Value: $322,900

    Sales

  • Current Sale Recording Date: Sep 28, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00003417
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:

$4,822,500

Sale Price/ft²

$909

Below Asking

0.02%

Average Days on Market

150

Average Home Size

3194 ft²

Average Home Age

64 years

Currently For Sale

5 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70528226

Frequently Asked Questions

When was property at 26 Allens Lane built and last sold?
The property at 26 Allens Lane was built in 1972 and last sold on Jan 1, 1970 for $575,000.
How much is this home worth?
The estimated value of the home located at 26 Allens Lane is $0.
What are some comparable homes to 26 Allens Lane?
There are currently no comparable homes to 26 Allens Lane.
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