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Nantucket 02554
3 Gold Star Dr
Photo of 3 Gold Star Dr
Sold on Jun 26, 2025

16

Map

Photo of 3 Gold Star Dr
Photo of 3 Gold Star Dr
$1,450,000
● House - Off Market

3 Gold Star Dr

Nantucket, MA 02554
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,153 Ft²
$7,137
Est. Monthly
1.66%
Cap Rate

About This Property

This charming two bed, two bath Ranch is the perfect blend of comfort and convenience.  Recent updates include a 2019 facelift with new flooring, refreshed kitchen and main level bathroom, and all-new interior doors.  Additional upgrades include a new roof (2022), water heater, windows, and furnace (2006), and a new well (2019).  The home features a full basement with an existing full bath, offering great potential for additional living space.  Enjoy outdoor living in the private yard complete with an outdoor shower, private deck, plus a detached two-car garage.  Ideally located mid-island, this home is close to shopping, Nantucket Public Schools, beautiful beaches, the shuttle bus, and the hospital.  Don't miss out on this fantastic opportunity!
Unit Size
1,153 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$1,214
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
1960

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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: 2 years ago (MLSPIN #73352778)

Price History

Date / Event Date Event Price
Jun 26, 2025 Sold
Premium
Sold
May 20, 2025 In contract -
In contract
Apr 17, 2025 Listed $1,400,000
Listed
Mar 17, 2017 Sold
Premium
Sold
Apr 27, 2007 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 9
  • Basement Area: 864
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,732
  • Total Building Area: 1,153
  • Gross Building Area: 2,073
  • Building Area: 1,153
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,153
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000155
  • 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: 3391
  • District: 197
  • Parcel: NANT M:00055 P:00194
  • Municipality: NANTUCKET
  • Latitude: 41.2701
  • Longitude: -70.0889

    Address

  • Full Address: 3 Gold Star Dr
  • Address - House Number: 3
  • Address - Street Name: Gold Star
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Nantucket
  • Carrier Code: C003
  • 4-Digit Zip Code: 2805
  • Zip Code: 02554

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $282,000

    Appraisal Valuation

  • Standard Deviation: 0.2249
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 55
  • Final Value: 1,441,071
  • High Value: 1,765,206
  • Low Value: 1,116,935

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $878,400
  • Assessed Land Value: $504,100
  • Assessed Improvements Value: $374,300

    Sales

  • Current Sale Recording Date: Mar 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 791
  • Previous Sale Recording Date: Apr 27, 2007
  • Previous Sale Amount: $632,000
  • Previous Sale Document Type: 27
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:

$4,895,000

Sale Price/ft²

$958

Below Asking

0.02%

Average Days on Market

147

Average Home Size

3370 ft²

Average Home Age

53.3 years

Currently For Sale

6 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: 2 years ago
Data Source: MLS PIN, MLS# 73352778

Frequently Asked Questions

When was property at 3 Gold Star Drive built and last sold?
The property at 3 Gold Star Drive was built in 1960 and last sold on Jan 1, 1970 for $683,000.
How much is this home worth?
The estimated value of the home located at 3 Gold Star Drive is $1,414,000.
What are some comparable homes to 3 Gold Star Drive?
There are currently no comparable homes to 3 Gold Star Drive.
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