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JPFCO

Nantucket Real Estate Updates

Mar 15, 2014       Issue: 273

J Pepper Frazier Company
Nantucket Waters
 
 New Listings VIEW ALL

Jul 26, 2017

Cliff
$5,975,000

Jul 26, 2017

Town
$4,945,000

Jul 25, 2017

Town
$2,495,000

Jul 25, 2017

Town
$895,000
 
 Recently Sold VIEW ALL 

Jun 22, 2017

Mid Island
$930,000

Jun 26, 2017

Town
$5,585,000

Jun 26, 2017

Cliff
$2,450,000

Jun 16, 2017

South of Town
$325,250
 

GROUND NOTES FROM DALTON
  Thank You, Nantucket Gulf Stream

Although this has not exactly been a pleasant winter on Nantucket, it has not been as brutal as most of the rest of the Northeast. For instance, the longest streak for snow on the ground was about 7 days. As far as I have heard, Boston has been covered in snow since the first snowfall. Nantucket weather is simply more mild than the mainland Northeast because she has the Gulf Stream warming her in the winter and cooling her in the summer. Nantucket is the northern most part of the Gulf Stream before it heads east to Europe. Besides the climate effect, among other effects, the Gulf Stream also causes significant increased biodiversity, especially fish life, because it makes Nantucket be the southern most point for northern species and northern most point for southern species. That is one of the main reasons the fishing around Nantucket is phenomenal (another reason ACK is in a league of her own).

Although the Gulf Stream keeps us a tad warmer in the winter, the storms have definitely hindered buyers getting to Nantucket and inventory is at a historic low, but the market still remains strong. Currently, there are 68 properties listed on Nantucket's MLS, LINK, as under agreement. At the same time in the following years, the numbers were:

2013 – 50
2012 – 59
2011 – 45
2010 – 29
2009 – 13

That's remarkable!
 
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RENTAL MARKET UPDATE
  Rental Price Points

J Pepper Frazier Company has rentals in every price point, on every corner of the island. What differentiates price points you wonder? Location, size, rental dates, furnishings, and amenities is the answer. Following is a basic guideline on what you can expect by budget.

$2,000-$4,000 will generally rent a studio to 2 bedroom home, with more rustic finishes in a mid island location.
$4,000-$6,000 will be a more standard rental. This category can be a trade off, fewer bedrooms might pair with better finishes. We have some great houses in this price point!
$6,000-$8,000 will rent you a larger sized house, potentially up to 4 bedrooms, nicer furnishings, or some possible Brant Point locations.
$8,000-$12,000 is the range where you can expect updated finishes including granite counter tops and glass showers, nicer sheets and towels, and/or town or beach locations.
$12,000-$18,000 Higher end kitchens and baths in great locations, and possibly even a pool. Lots of extras come with this price point.
$18,000-$25,000 A pool and or water views with all high-end finishes, professionally decorated, and many bedrooms in prime locations.
$25,000+ will deliver the best in location, views, finishes, furnishings and size that Nantucket has to offer.

No matter what your price point, J Pepper Frazier Company can find you a rental. Give us a call today!
 
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FEATURED RENTAL LISTING
21 Woodbine Street $17,500-$27,500/week

Wonderful private property set on over an acre of land just minutes from two of Nantucket's loveliest beaches. This beautifully designed home has just been completed and is bright, airy, and modern. Enjoy cooking in the gourmet kitchen, with open concept living and dining nearby. The kitchen has custom cabinetry, granite counters and top of the line appliances. An open floor plan flows outside to an over-sized deck with stunning outdoor fireplace. Spacious outdoor decks stretch the length of the house and a pool provides a casual and elegant outdoor living experience. This spot is perfect for enjoying morning coffee, sun on the loungers, or evening alfresco dining. There are two master en-suite bedrooms, one on the first floor and one on the second floor.
  21 Woodbine 
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NANTUCKET REAL ESTATE NEWSWIRE
» Expanded Sconset Bluff Erosion-Control Plan Pitched
» Commercial Development on Old South Update
» Scallopers Get Extra Bushel
» Nantucket Puppy Love
 

NOTES FROM PEPPER THE ELDER
  Ho Ho Ho

Let's see. Got to find something to dye green. We did one of the Jack Russells a couple of years ago; she wasn't happy. The parrot is already green, so no help there. I don't like the look of green corned beef and I don't drink beer. We don't have postmen here so I can't capture one and dye him green, also It probably wouldn't be good for mail delivery. The pool would be too messy and Libby's not going to let me sneak up on her, and it probably would not be worth my while. Maybe someone sun bathing in front of our house. I could just get a big vat of green dye and when he or she falls asleep on their blanket, just quietly approach and dump the whole thing on the unsuspecting victim. It would probably temporarily blind the victim and I could escape. Of course, if I don't escape there could be problems. I guess I'll just have to find someone petite, and demure.

You think I'm taking this St. Patrick's business too seriously? I could invite The Jolly Green Giant over for a couple of pops. Wait. Somebody's lying down on their blanket right. now. Gotta go. Happy St. Patrick's Day.
 
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