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Property profile & analytics
OFF-MARKET
Estimated value
$3,240,000
Turn key restaurants
56 Un St Nantucket, MA 02554-3858
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1774230
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,237 SF
Lot
0.39 ac (16,988 SF)
Zoning code
CN
APN
NANT M:05514 P:00033
UPID
US38-1774230
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.24M
Owner & transaction history
Great Hbr Yacht Club INC · 4 yrs held
Great Hbr Yacht Club INC
since 2021
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
CN · Nantucket, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Nantucket submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nantucket submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,920,000
ML approach
$2,795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.24M
Range $2.92M – $3.56M · ±10% · vs last sale $3.63M (Oct 15 2021)
Last sale anchor
$3.63M
Oct 15 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$619 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$16,888
Tax year 2024
Assessed value
$3,186,500
Assessed 2024
Previous assessed
$2,973,100
+7.2% YoY
Effective rate
0.53%
On assessed value
Assessed land
$1,571,900
Assessed improvement
$1,614,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
8
Bathrooms
3
Total area
5,237 SF
Lot
0.39 ac (16,988 SF)
Zoning code
CN
APN
NANT M:05514 P:00033
UPID
US38-1774230
Jurisdiction
NANTUCKET
Zoning & alternative use
CN · Nantucket, MA
Zoning CN · permitted uses
CN · Nantucket, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nantucket. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
8
Bathrooms
3
Lot
0.39 ac
Current owner
From public records · entity-resolved
Great Hbr Yacht Club INC
Entity
Mailing address
96 WASHINGTON ST, NANTUCKET, MA 02554-3875
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2021
—
Great Hbr Yacht Club INC
—
Deed
related
$2,000,000 · First Republic Bank
Oct 15, 2021
$3,625,000
Great Hbr Yacht Club INC
56 Union Street RT
Quit Claim Arm's Length For Ne States
$2,000,000 · First Republic Bank
Mar 25, 2014
—
56 Union Street RT
—
Deed Of Trust
related
$1,250,000 · Hingham Institute For Savings
Oct 28, 2010
—
Great Harbor Yacht INC
—
Deed Of Trust
related
$5,250,000 · First Republic Bank
Aug 29, 2007
—
Jannelle,peter Tr
—
Deed Of Trust
related
$1,140,000 · Sovereign Bank
Jun 11, 2007
—
Great Hbr Yacht Club INC
—
Deed Of Trust
related
$23,000,000 · Nexstar Financial Corp
Feb 15, 2006
—
Great Harbor Yacht Club
—
Deed Of Trust
related
$15,000,000 · Boston Private Bank
Feb 23, 2005
$150,000
Great Hbr Yacht Club INC
56 Union St RT
Grant Deed
—
Feb 1, 2002
—
56 Union Street RT
—
Deed Of Trust
related
$75,000 · Nantucket Savings Bank
Jan 5, 2000
$750,000
56 Union Street RT
Mcgrady,kathleen M
Grant Deed
$600,000 · Bankboston Development Co LLC
Jan 8, 1997
—
Kathleen M Mcgrady
—
Deed Of Trust
related
$97,000 · Nantucket Savings Bank
Jan 18, 1996
—
Kathleen M Mcgrady
—
Deed Of Trust
related
$50,000 · Nantucket Savings Bank
Apr 19, 1994
$400,000
Kathleen M Mcgrady
Buglisi,martin J
Grant Deed
$383,000 · Nantucket Savings Bank
Oct 22, 1993
—
Martin Buglisi
—
Deed Of Trust
related
$31,500 · Kenneth I Parker
Jul 18, 1989
—
Michael Bellardo
—
Deed Of Trust
related
$139,000 · Grtr Providence Deptr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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