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17 Bassett Road

Purchase of the Week: 17 Bassett Road

The neighborhood.

By the Numbers

Address: 17 Bassett Road.

Acres: .20 of an acre.

Structure(s): Cottage.

Seller: Robert G. Cook and Robert G. Cook et al, Trustees of Eleanor J. Cook Revocable Trust, of Potomac, Md.

Buyer: Sarah F. Alger, as Trustee of 17 Bassett Road Nominee Trust, of Nantucket, Mass.

Price: $800,000.

Value: $1,050,600.

Details: It's just an old boarded up cottage of masonry walls with failing roof shingles and a shed dormer right on Bassett Road. But one needs to look beyond this delapidated structure, which will surely end up in the landfill and see that a new house is likely to be built along this rural dirt road.

Information courtesy:  NAREB/Nantucket Property News and the Town of Nantucket