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JPFCO

Jan 15, 2017       Issue: 350


Nantucket Real Estate Updates

J Pepper Frazier Company

Snowy Monomoy Views

RECENT MARKET ACTIVITY

 New Listings
Town$2,350,000
view all 
 Recently Sold
Surfside$3,400,000
Town$1,550,000
Monomoy$775,000
Mid Island$750,000
view all 


GROUND NOTES FROM DALTON
  Mitzner

During the first blizzard of '17 on ACK, I had a few moments to read an amazing article from Forbes on a beast of a man - David Mitzner - whoa!!! So many parts of the article stuck out, especially this quote, "I've learned my lesson: if you think something has real value - go for it. Even overpay if necessary, the property will pay you back the difference, if its value and location is really right." I'm a firm believer in this especially if you factor in the lifestyle element. Money is money, life is everything...

Feb. 5th - see you in Houston!!!
 Article on David Mitzner

LET'S MAKE IT HAPPEN WITH PEPPER II
  New Year, New Deals

A great way to bring in the New Year is by making deals happen. Some of Us don't like to pay taxes. We have a client just like this and that is how we helped to make it happen. We put a deal under agreement in July but our client did not want to close until the New Year. The one hang up is the Buyer needed to use the house over X-Mas Stroll as did the Seller. Time to make it happen JPFCO style. We ask the Buyer for a large escrow non-refundable and as JPFCO always goes the extra yard; We let the Seller use one of our houses as a concession. Well guess what JPFCO made it happen!!! Everyone had a great Stroll, we just closed another deal and JPFCO now has a new client (Seller).

Happy, healthy and prosperous 2017 to All. Let's Make It Happen!!!

RENTAL MARKET UPDATE
  2017 Rental Season

With the ringing in of the New Year, we at J Pepper Frazier Company are looking forward to another happy, healthy and prosperous year. We are also looking forward to another successful rental season. With our 2017 rentals well under way and ferry reservations now open to the public, we are encouraging our tenants to book their 2017 rentals and reservations. August weeks tend to get booked up quickly however; this new in Town rental still has some prime weeks open...

We would also like to ask our homeowners to update us on their latest open weeks and weekly rates. As weeks are getting booked now on a daily basis it is really important to keep your rental property calendar current. Please use the link below to update us on your latest availability.
 3 Academy Lane Home Owner Update

FEATURED LISTING

  10 Maclean $850,000



Enter into 2017 with this 3 bedroom, 2 bath newly roofed ranch located in a desirable neighborhood. The house sits high on .19 acre lot which offers ample greenery, off street parking, as well as a touch of privacy. Town water, town sewer, generator ready property currently being painted with a full unfinished basement boasting high ceilings ready to be converted for additional living. Small shed on property has electricity as well as insulated unfinished attic offering additional options for living or office space.

A solid mid island location truly moments to the center of town for great shopping, restaurants and night life. Surfside Bike path is just steps away which is a great way to experience the island via cycling or a casual walk. Surfside Beach is 1.8 miles away and offers a great ocean experience. Currently unoccupied and easy to access at a moment's notice. Great for year round living or as a solid investment property. Approximately 500 square feet left for additional ground coverage.
  10 Maclean

NANTUCKET REAL ESTATE NEWSWIRE
» Steamship Authority On Line Reservations now Open
» Nantucket Book Festival Announces Line Up
» Nantucket's Golden Age
» Nantucket Firefighters Rescue Dogs from Frozen Pond

NOTES FROM PEPPER THE ELDER
  GOODBYE JUMBO

A couple of milestones in my winter neck of the woods. One: Ringling Brothers is closing its doors for good this year and Two: Sarasota issued a billion dollars worth of building permits in the last three years. On the first score the Feld family did such a lousy job that it deserved to be shut down. Not a John Ringling or Emmet Kelly in sight; the circus had become unbelievably tacky. A female ring master? Puleeze, give me a break.

As for the second matter, as you know, I love Sarasota and worry that with forty odd multi-apartment buildings in the works, the city will develop a cavernous feel and the water views will be blocked, much as they are in Vancouver. Now, I'm not known for my egalitarian views, but I do believe that the public should have equal access to beaches and natural beauty. And, no I did not vote for Hillary. Harold Stassen is still my man.
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