29 Broad Street, Nantucket, MA 02554

29 Broad Street Nantucket MA 02554
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Owner Information
Owner 1
Nantucket Island Resorts LLC
Owner 2
New England Develop-Accting Dept
Owner's Address
75 Park Plaza #3 Boston, MA 02116
Market Sale Information
Most recent sale date
7/8/2004
Previous sale date
10/12/1976
Transfer document #
C0021318-
Previous transfer document
C0007-0785
Grantor
Philip W Read
Previous grantor
Most recent sale price
$8,000,001.00
Previous sale price
$0.00
Site Information
Property ID
4242-38
Lot Size
0.46
Use Code
300 - Hotels
Zoning
CDT
Building Style
Hotel
Number of Rooms
Stories
3
Number of Beds
31
Year Built
1845
Number of full baths
31
Condition
Number of half baths
Finished Area
18233
Number of Kitchen
Gross Living Area
23430
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Oil
Roof Cover
Slate
Heating fuel
Hot Water
Frame type
Masonry
Air Condition (%)
Sidings
Brick Veneer
Assessment Information
Fiscal Year
2024
Land Value
$2,340,000.00
Total value
$5,242,500.00
Building value
$2,902,500.00
Estimated tax
$27,785.00
Yard improvement value
$0.00
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Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 29 Broad Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $438.76 Style Hotel Age 1845 Rooms Bedrooms 31 Full baths 31 Half baths Gross Living Area 23430 Heating Fuel Hot Water Detached Garage Lot Size 0.46 Roof Cover Slate AEM Value - Building $2,902,500.00 AEM Value - Land $2,340,000.00 AEM Value - Other $0.00 AEM Value - Total $5,242,500.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 29 Broad Street 7/8/2004 $8,000,001 0 Hotel 18,233 0.46 31 31- -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
Mailing Labels
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 29 Broad Street 7/8/2004 $8,000,001 0 Hotel 18,233 0.46 31 31- -
  Criteria
A 27 Broad Street 7/8/2004 $8,000,001 0.0 B+B/Inn 5,850 0.2 5 9-
B 6 Ash Lane 6/22/1998 $776,000 0.0 Aptovrret/Off 2,198 0.1 3 3-
C 54 Center Street 9/30/2011 $2,450,000 0.0 Antique 2,668 0.08 3 3-1
D 25 Broad Street 3/10/2016 $0 0.0 Aptovrret/Off 2,648 0.05 3 5-
E 10 Ash Street 12/27/1995 $0 0.0 Antique 2,436 0.11 4 2-1
F 52 Center Street 9/29/2021 $0 0.0 Antique 2,894 0.09 5 4-
G 50 Center Street 7/8/2004 $8,000,001 0.0 Vacant Land 0.09 -
H 43 Center Street 5/24/2019 $0 0.0 Antique 3,059 0.09 8 4-1
I 56 Center Street 9/16/2011 $3,280,000 0.0 Office Bldg 6,749 0.23 -
J 23 Broad Street 6/30/2021 $7,888,000 0.0 Restaurant 8,232 0.23 11 5-
K 48 Center Street 1/4/2019 $2,150,000 0.0 Aptovrret/Off 3,316 0.07 7 5-1
L 37 Center Street 7/15/2004 $0 0.0 Office Bldg 2,012 0.03 0 2-
M 8 Ash Street 10/15/2021 $4,395,000 0.0 Antique 4,615 0.13 5 2-3
N 46 Center Street 10/22/2002 $2,100,000 0.0 Aptovrret/Off 3,702 0.09 3 2-
O 2 Ash Lane 12/29/2020 $1,975,000 0.0 Antique 2,112 0.05 4 3-
P 35 Center Street 2/22/2010 $1,400,000 0.0 Store 1,792 0.04 0 1-
Q 1 Academy Lane 3/6/2003 $2,287,500 0.0 Antique 4,116 0.13 5 4-1
R 24 Broad Street $0 0.0 Restaurant 3,585 0.07 0 3-
S 4 Gay Street-Lot 19 1/29/1996 $0 0.0 Antique 4,280 0.12 5 7-
T 5 Gay Street 10/19/1987 $0 0.0 Antique 3,026 0.12 5 3-
U 21 Broad Street 6/27/2013 $3,050,000 0.0 B+B/Inn 13,685 0.18 5 7-
V 58 Center Street 9/10/2020 $4,350,000 0.0 Custom Built 2,916 0.17 4 3-1
W 45 Center Street 8/7/1998 $0 0.0 Antique 3,179 0.1 5 4-
X 22 Broad Street 12/22/1992 $472,000 0.0 Aptovrret/Off 2,806 0.06 5 3-
Y 4 Ash Street 3/14/2018 $0 0.0 Antique 2,964 0.07 4 4-
Z 2 Quince Street 10/7/2003 $990,000 0.0 Antique 1,258 0.04 2 2-
- 3 Quince Street 9/27/2017 $2,796,101 0.0 Antique 2,368 0.12 4 3-
- 33 Center Street 12/29/2017 $2,750,000 0.0 B+B/Inn 3,036 0.06 5 9-
- 5 Ash Street 3/6/2017 $3,725,000 0.0 Antique 3,977 0.11 5 5-2
- 20 Broad Street 12/11/1997 $740,000 0.1 Restaurant 2,292 0.06 0 3-
- 4 Gay Street 10/23/2023 $4,450,000 0.1 Cape Cod 1,827 0.06 3 3-
- 60 Center Street 6/20/2013 $0 0.1 Antique 3,044 0.19 4 4-1
- 2 Ash Street 2/12/2018 $1,350,000 0.1 Antique 1,492 0.05 3 2-1
- 4 Quince Street 4/6/2015 $2,337,500 0.1 Antique 2,268 0.08 4 2-1
- 40-B Center Street 8/15/2016 $0 0.1 Condominium 388 0 1 1-
- 6 Academy Lane 12/31/2012 $0 0.1 Antique 1,722 0.05 2 2-
- 19 Broad Street 5/16/2022 $5,395,540 0.1 Antique 2,416 0.08 4 3-
- 7 Gay Street 11/6/1992 $0 0.1 Antique 1,136 0.07 3 1-1
- 47 Center Street 11/12/2014 $2,700,000 0.1 Antique 2,360 0.07 3 3-1
- 5 Chestnut Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,587 0.04 8 8-
- 4 Academy Lane 12/31/2012 $0 0.1 Antique 2,543 0.08 5 2-1
- 18 Broad Street 1/6/2000 $0 0.1 Store 1,993 0.06 0 2-
- 3 Chestnut Street 4/10/1987 $0 0.1 B+B/Inn 3,594 0.11 5 9-
- 4 Step Lane 11/14/2019 $0 0.1 Antique 3,249 0.19 6 5-1
- 3 Academy Lane 5/8/2015 $0 0.1 Antique 2,312 0.11 5 4-1
- 12 North Water Street 11/7/2014 $1,572,000 0.1 Antique 1,594 0.09 4 2-
- 38 Center Street 1/31/2019 $2,500,000 0.1 Store 2,881 0.03 1 3-
- 5 Quince Street 12/23/1998 $0 0.1 Antique 3,428 0.1 5 4-
- 6 Gay Street 1/29/1993 $370,000 0.1 Antique 2,572 0.09 5 4-
- 8 Quince Street 12/11/2015 $0 0.1 Antique 1,572 0.06 2 3-
- 3 Hussey Street 11/4/1988 $450,000 0.1 B+B/Inn 2,621 0.08 5 4-
- 4 North Water Street 6/22/2023 $5,650,000 0.1 Aptovrret/Off 2,410 0.18 1 2-
- 10 North Water Street 2/21/2017 $0 0.1 Antique 2,154 0.07 6 2-1
- 8 Academy Lane 6/13/2000 $0 0.1 Antique 1,470 0.05 4 2-
- 1 Ash Street 1/19/2022 $0 0.1 Antique 2,646 0.06 6 4-
- 3-B Hussey Street 1/22/2015 $0 0.1 Cottage 588 0.02 1 1-
- 7 Hussey Street 9/4/2012 $3,000,000 0.1 Antique 5,859 0.15 7 7-1
- 9 Gay Street 5/17/2023 $3,747,562 0.1 Antique 2,388 0.07 4 4-1
- 5 Hussey Street 1/31/2000 $0 0.1 Antique 1,987 0.1 4 3-
- 22 Federal Street 2/18/2014 $2,250,000 0.1 Restaurant 3,073 0.08 0 2-
- 36 Center Street 3/4/1988 $0 0.1 Office Bldg 1,358 0.03 0 2-
- 14 North Water Street 9/17/1991 $0 0.1 Antique 2,986 0.17 7 4-1
- 1 Chestnut Street 10/2/1998 $1,100,000 0.1 Store 3,031 0.13 0 2-
- 5 Academy Lane 3/31/2021 $0 0.1 Antique 1,578 0.06 3 2-
- 2 Church Court $0 0.1 Colonial 3,686 0.15 3 4-1
- 49 Center Street 11/30/2004 $115,000 0.1 B+B/Inn 4,146 0.1 10 11-
- 17 Broad Street 6/27/2014 $2,925,000 0.1 Hotel 7,845 0.12 16 20-
- 5-A Step Lane Unit 5A 6/16/2016 $0 0.1 Condominium 1,620 0 2 2-
- 5-B Step Lane Unit 5B 9/21/2016 $0 0.1 Condominium 1,458 0 3 3-
- 10 Academy Lane 8/13/2016 $2,500,000 0.1 Antique 2,328 0.11 4 2-
- 9 Hussey Street 9/4/2012 $795,000 0.1 Vacant Land 0.12 -
- 11 Gay Street 1/25/2008 $0 0.1 Antique 1,742 0.12 5 2-
- 8 Gay Street 12/19/2012 $0 0.1 Outbuildings 0.12 -
- 2 Hussey Street 9/7/2011 $865,000 0.1 Conventional 1,260 0.03 2 2-1
- 34 Center Street 4/28/2009 $1,570,000 0.1 Aptovrret/Off 3,545 0.06 2 3-
- 31 Center Street 4/16/2021 $38,500,000 0.1 B+B/Inn 4,968 0.13 5 15-
- 3 Step Lane 3/7/2019 $4,148,004 0.1 B+B/Inn 7,463 0.19 20 9-
- 4 Hussey Street 11/9/2022 $0 0.1 Bungalow 648 0.04 2 1-
- 64 Center Street $0 0.1 Antique 2,872 0.14 3 1-1
- 20 Federal Street 12/15/2006 $3,390,000 0.1 Aptovrret/Off 3,256 0.09 1 2-
- 10 Quince Street 9/10/2021 $3,495,000 0.1 Antique 3,579 0.18 5 3-1
- 9 North Water Street 4/21/2017 $2,500,000 0.1 B+B/Inn 3,528 0.09 5 8-
- 9 Academy Lane 10/1/1998 $0 0.1 Colonial 833 0.12 3 3-1
- 7 North Water Street 3/25/2016 $1,425,000 0.1 Antique 2,398 0.11 6 3-
- 5 North Water Street 3/18/2015 $0 0.1 Theaters Encl. 6,196 0.17 0 5-
- 51 Center Street 11/15/1991 $720,000 0.1 Antique 3,556 0.26 5 4-
- 15 Gay Street 2/10/1992 $425,000 0.1 Antique 2,067 0.06 3 2-
- 11 North Water Street 12/13/2023 $7,515,000 0.1 B+B/Inn 6,909 0.17 17 16-
- 11 Hussey Street 7/24/2020 $4,622,500 0.1 Antique 3,355 0.14 6 6-
- 62 Center Street $0 0.1 Churches 19,137 0.76 0 2-
- 2 Chestnut Street 4/16/2021 $4,100,000 0.1 B+B/Inn 5,752 0.08 8 8-
- 12 Academy Lane 12/18/2020 $2,100,000 0.1 Antique 1,792 0.1 4 3-
- 13 North Water Street 8/8/2006 $0 0.1 Antique 2,475 0.11 4 4-
- 32 Center Street 7/28/1994 $0 0.1 Aptovrret/Off 6,200 0.12 2 1-1
- 10 Gay Street 6/28/2021 $2,900,000 0.1 B+B/Inn 4,212 0.1 5 9-1
- 17 India Street $0 0.1 Antique 3,712 0.14 5 3-
- 11 Quince Street 4/15/2016 $1,600,000 0.1 Colonial 2,556 0.06 4 4-1
- 20 North Water Street 3/7/2019 $3,191,996 0.1 B+B/Inn 4,352 0.13 14 12-
- 13 India Street 1/4/2007 $1,995,000 0.1 Antique 1,088 0.1 2 2-1
- 19 India Street 11/5/2019 $0 0.1 Antique 3,268 0.16 4 3-1
- 15 India Street 11/17/2005 $0 0.1 Antique 2,885 0.09 5 3-1
- 17 Gay Street 7/1/1997 $0 0.1 Antique 1,982 0.06 4 3-
- 66 Center Street 7/30/2018 $3,550,000 0.1 B+B/Inn 5,630 0.15 6 10-
- 21 India Street 10/6/2015 $0 0.1 Antique 2,455 0.12 3 3-
- 10 Hussey Street 4/15/2021 $4,066,666 0.1 B+B/Inn 4,681 0.08 5 9-
- 18 Federal Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 3,084 0.05 3 3-
- 16 Federal Street 2/26/2021 $2,597,000 0.1 Conventional 1,547 0.06 3 2-1
- 23 India Street 12/28/1998 $0 0.1 Antique 2,530 0.12 5 4-
- 11 Academy Lane 12/6/2021 $0 0.1 Antique 2,994 0.15 5 2-
- 16 Broad Street $0 0.1 City/Town Hall 13,364 0.26 0 4-
- 7 Academy Lane 6/2/2014 $5,992,500 0.1 Antique 4,014 0.48 6 6-
- 51-B Center Street 10/15/2002 $985,000 0.1 Colonial 2,087 0.14 3 2-1
- 12 Gay Street 8/13/2013 $0 0.1 Antique 2,651 0.08 4 3-
- 13 Quince Street 12/22/1995 $0 0.1 Custom Built 1,456 0.05 4 2-1
- 15 North Water Street 7/9/2021 $0 0.1 Antique 3,768 0.13 6 6-
- 12 Hussey Street 12/1/2023 $4,595,000 0.1 Antique 2,801 0.09 5 2-1
- 14 Quince Street $0 0.1 Antique 3,108 0.23 5 4-
- 3 Whalers Lane $0 0.1 Antique 2,649 0.13 10 4-
- 53 Center Street 10/15/2021 $4,950,000 0.1 Antique 4,269 0.15 5 2-1
- 68 Center Street 5/2/1994 $620,000 0.1 Antique 3,073 0.15 5 4-1
- 7 Sea Street 2/8/2013 $0 0.1 B+B/Inn 4,588 0.12 10 10-
- 12 Westminster Street 6/12/2008 $0 0.1 Antique 2,905 0.12 5 3-
- 9 India Street 8/16/2019 $3,700,000 0.1 Restaurant 3,067 0.07 5 3-
- 15 Broad Street $0 0.1 Museum 29,905 0.61 0 2-
- 15 Quince Street 11/2/2020 $2,130,000 0.1 Antique 2,728 0.06 6 3-1
- 14 Federal Street 9/21/2005 $15,473,000 0.1 Store 2,841 0.07 0 2-
- 20 South Water Street $0 0.1 Police Station 5,153 0.3 0 2-
- 17 North Water Street $0 0.1 B+B/Inn 3,818 0.16 5 9-
- 8 Westminster Street 5/31/2011 $0 0.1 Antique 2,669 0.12 4 2-1
- 25 India Street 10/1/2020 $3,750,000 0.1 Antique 3,925 0.1 5 5-
- 3 Sea Street 6/27/2014 $720,000 0.1 Gar/Apt Res 390 0.15 2 1-
- 7 India Street 2/8/2008 $0 0.1 Aptovrret/Off 1,675 0.06 4 3-
- 15 Hussey Street 6/9/1987 $0 0.1 Conventional 1,662 0.14 4 1-1
- 23 Federal Street 7/2/2018 $3,200,000 0.1 Office Bldg 2,514 0.03 0 2-
- 13 Academy Lane 11/21/2022 $2,500,000 0.1 Cape Cod 1,775 0.12 2 2-
- 70 Center Street 3/28/2013 $0 0.1 Antique 2,194 0.09 3 3-1
- 14 Hussey Street 11/8/2022 $5,195,000 0.1 Antique 2,881 0.14 5 4-1
- 35 Lily Street 11/5/2021 $0 0.1 Antique 3,485 0.38 5 4-1
- 55 Center Street 10/29/2003 $2,300,000 0.1 Antique 1,931 0.16 4 3-1
- 27 India Street 11/30/2000 $1,375,000 0.1 Antique 2,379 0.11 3 3-
- 5 India Street 10/2/2014 $0 0.1 Store 1,933 0.06 0 2-
- 10 India Street 5/25/2023 $2,800,000 0.1 Aptovrret/Off 1,392 0.03 0 3-
- 28 Center Street 1/4/2012 $0 0.1 Aptovrret/Off 3,889 0.05 0 3-
- 2-E Chestnut Street 9/21/2005 $15,473,000 0.1 Restaurant 662 0.03 0 2-
- 16 Quince Street 6/13/2011 $1,275,000 0.1 Antique 1,804 0.06 4 2-1
- 2 South Beach Street 6/28/2019 $4,150,000 0.1 Store 5,771 0.13 2 3-
- 5 Sea Street 7/1/2014 $0 0.1 Colonial 1,200 0.03 2 2-
- 21 Federal Street 9/21/2005 $15,473,000 0.1 Restaurant 4,520 0.07 0 3-
- 31 Lily Street 8/11/1999 $0 0.1 Antique 2,412 0.11 5 3-
- 12 Federal Street 10/15/2021 $7,200,000 0.1 Restaurant 5,771 0.12 0 3-
- 72 Center Street 3/28/2013 $0 0.1 Antique 2,456 0.07 3 3-1
- 4 South Beach Street $0 0.1 Vacant Land 0.62 -
- 8 Sea Street 7/9/2021 $0 0.1 Cottage 315 0.11 1 1-
- 29 Lily Street 6/5/2015 $1,769,000 0.1 Antique 1,949 0.08 3 3-1
- 12 India Street 1/12/1996 $882,500 0.1 Antique 2,930 0.12 4 3-1
- 24 North Water Street 10/19/2020 $0 0.1 Antique 3,006 0.18 5 5-
- 16 India Street 7/16/1991 $0 0.1 Colonial 2,326 0.32 3 3-1
- 29 India Street 10/27/2021 $0 0.1 Antique 2,922 0.11 5 4-
- 4-E Chestnut Street 6/12/2012 $0 0.1 Aptovrret/Off 2,475 0.05 6 3-
- 22 Center Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,312 0.07 0 3-
- 18 India Street 6/24/2019 $0 0.1 Antique 3,328 0.1 3 2-1
- 19 Hussey Street 8/29/2008 $1,700,000 0.1 Outbuildings 0.02 -
- 57 Center Street 11/4/2004 $2,249,000 0.1 Antique 2,510 0.12 4 3-
- 18 Hussey Street 11/7/2022 $0 0.1 Colonial 2,130 0.08 4 3-
- 27 Lily Street 2/24/1988 $0 0.1 Antique 2,611 0.09 4 2-
- 15 Academy Lane 12/28/1999 $0 0.1 Colonial 1,769 0.07 3 2-1
- 25 Center Street 6/22/2005 $55,000,000 0.1 Store 2,779 0.11 0 2-
- 20 India Street 7/7/2020 $0 0.1 Antique 3,170 0.26 5 6-1
- 1 Sea Street $0 0.1 Other Municipa 1,088 0.11 0 4-
- 6 Oak Street 6/15/2022 $0 0.1 Restaurant 616 0.03 0 2-
- 4 Crown Court 11/9/2011 $0 0.1 Colonial 3,347 0.12 5 4-1
- 25 Lily Street 11/12/2008 $0 0.1 Antique 1,563 0.07 4 2-1
- 31 India Street 4/15/2021 $2,033,333 0.1 B+B/Inn 3,675 0.09 10 10-
- 76-A Center Street 3/16/2022 $1,235,000 0.1 Condominium 716 0 1 1-
- 17 Academy Lane 8/2/2021 $2,250,000 0.1 Antique 1,318 0.05 3 3-
- 23 South Water Street $0 0.1 Store 8,083 0.15 0 3-
- 3 India Street $0 0.1 Library 7,946 0.12 0 2-
- 23 Lily Street 6/2/2004 $0 0.1 Antique 4,891 0.22 4 3-1
- 4 India Street 12/30/2008 $0 0.1 Store 4,575 0.05 3 2-
- 8 Oak Street 7/9/1991 $331,000 0.1 Aptovrret/Off 1,922 0.05 0 2-
- 59 Center Street 3/31/2015 $105,000 0.1 Antique 2,506 0.17 5 3-1
- 23 North Water Street $0 0.1 Antique 2,912 0.13 3 2-1
- 24 India Street 7/26/2005 $0 0.1 Colonial 2,067 0.19 3 2-1
Averages 4836 days $2,224,949 0.08 --- 3,245 0.12 --- ---  
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
4242 38 29 Broad Street