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    Property profile & analytics

    29 Ctr St Nantucket, MA 02554-3687

    • Hotels
    • 4,502 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 16, 2021
    $38,500,000
    Location Intelligence
    Property ID
    US38-1061605
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Faraway Nantucket / Hotel
    • Sister Ship / Mediterranean Restaurant
    • Solid & Striped / Swimwear Store / Clothing Store
    • Faraway Cafe by the STRAND / Cafe
    • Saks Fifth Avenue / Store

    Property Details for 29 Ctr St

    Year built
    1850
    Lot size
    0.33 lot acres
    Property size
    4,502 SF
    Zone code
    CDT
    Property type
    Hotels
    APN
    NANT M:04231 P:00122-2
    APU
    NANTM04231P001222

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nantucket
    County
    Nantucket
    State
    Massachusetts
    Longitude
    -70.0999
    Latitude
    41.2843

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $43,714
    $5,295,300
    $2,952,700
    $8,248,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,850 SF

      27 Broad St

      HOTEL • 5,850 SF
      27 Broad St, Nantucket, MA 02554
      View Details
    • Value Estimation by Request
      3,092 SF

      33 Ctr St

      HOTEL-RESORT • 3,092 SF
      33 Ctr St, Nantucket, MA 02554-3659
      View Details
    • Value Estimation by Request
      18,233 SF

      29 Broad St

      HOTEL • 18,233 SF
      29 Broad St, Nantucket, MA 02554-3502
      View Details
    • Value Estimation by Request
      5,396 SF

      66 Ctr St

      HOTEL-RESORT • 5,396 SF
      66 Ctr St, Nantucket, MA 02554-3605
      View Details
    • Value Estimation by Request
      3,587 SF

      5 Chestnut St

      HOTEL-RESORT • 3,587 SF
      5 Chestnut St, Nantucket, MA 02554-3506
      View Details
    • Value Estimation by Request
      9,805 SF

      72 Easton St

      HOTEL • 9,805 SF
      72 Easton St, Nantucket, MA 02554-2202
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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    29 Ctr St
    Nantucket, MA 02554-3687
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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