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    Property profile & analytics

    5 Chestnut St Nantucket, MA 02554-3506

    • Hotels
    • 3,587 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1904200
    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

    • Hotel Pippa / Hotel
    • lensballphoto / Photography Service

    Property Details for 5 Chestnut St

    Year built
    1847
    Lot size
    0.04 lot acres
    Property size
    3,587 SF
    Zone code
    CDT
    Property type
    Hotels
    APN
    NANT M:04231 P:00005
    APU
    NANTM04231P00005

    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
    -70.1002
    Latitude
    41.2846

    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
    $23,889
    $1,702,300
    $2,805,000
    $4,507,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,050 SF

      4 Chestnut St

      HOTEL-RESORT • 7,050 SF
      4 Chestnut St, Nantucket, MA 02554
      View Details
    • Value Estimation by Request
      4,384 SF

      8 Bch St

      HOTEL-RESORT • 4,384 SF
      8 Bch St, Nantucket, MA 02554-2287
      View Details
    • Value Estimation
      $4,290,000
      5,752 SF

      2 Chestnut St

      HOTEL-RESORT • 5,752 SF
      2 Chestnut St, Nantucket, MA 02554-3507
      View Details
    • Value Estimation
      $2,105,000
      3,675 SF

      31 India St

      HOTEL-RESORT • 3,675 SF
      31 India St, Nantucket, MA 02554-3613
      View Details
    • Value Estimation by Request
      4,967 SF

      20 Water St

      HOTEL-RESORT • 4,967 SF
      20 Water St, Nantucket, MA 02554-3548
      View Details
    • Value Estimation by Request
      3,528 SF

      9 Water St

      HOTEL-RESORT • 3,528 SF
      9 Water St, Nantucket, MA 02554-3521
      View Details

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      1,150 SF

      Nantucket Office/Retail Space Available

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    5 Chestnut St
    Nantucket, MA 02554-3506
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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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