Massachusetts
Nantucket beachfront home sells for an absurdly low price — but there’s a catch
A house on the beach in Nantucket, Massachusetts, was purchased for a stunningly low price in a recent real estate transaction, the Nantucket Current reported.
The sale price for the beachfront property, located in the Madaket area, was $600,000, according to the outlet.
The transaction went through February.
The Nantucket Current, citing the houseâs listing broker, Susan Shepherd, reported factors that contributed to the $600,000 price included the seller wanting to “turn the page” and offload the home and the propertyâs significant exposure to beach erosion.
The sale price was $1.6 million less than what the seller had sought when it was first listed.
The house originally hit the market at $2.295 million but later had its price incrementally lowered to that six-figure amount, according to Zillow.
The home features four bedrooms and two full bathrooms with an outdoor deck, a listing from Shepherd Real Estate showed.
The seller acquired the home in 2021 for $1.65 million, according to property records.
It was most recently purchased by Brendan Maddigan, the Nantucket Current reported.
Reducing the asking price to $600,000 brought a deluge of inquiries from potential buyers.
“Itâs a gamble, but I got comfortable with the risk. Itâs a losing battle, and I have no certainty around the time that it will eventually â or maybe not â that erosion will take out that house. I looked at it as, âIf I could have that spot for a few years, hopefully a little longer, and do everything I can to make it last, Iâll be happy,â” Maddigan told the outlet.
In February, Nantucket homes on the market had a median asking price of $4.6 million, according to Realtor.com.
The median sale price was $3.6 million.
The title of most-expensive single-family house sale on Nantucket belongs to a massive Monomoy home that went for $42 million in late September, according to reports.
Fire broke out at an apartment building in North Attleborough, Massachusetts, on Monday afternoon, sending a column of smoke high into the air.
NBC affiliate WJAR-TV reports the smoke was visible from miles away from the building on Juniper Road.
More details were not immediately available.
This is a developing story. Check back for updates.
Life Care Center of Raynham has received a deficiency‑free inspection result from the Massachusetts Department of Public Health, a distinction awarded to a small share of the state’s licensed nursing homes, according to a community announcement.
The inspection was conducted as part of the state’s routine, unannounced nursing home survey process overseen by the Massachusetts Department of Public Health. These comprehensive, multi‑day inspections evaluate multiple aspects of facility operations, including staffing levels, quality of care, medication management, cleanliness, food service and resident rights.
State survey records show that Life Care Center of Raynham met required standards during its most recent standard survey, with no deficiencies cited, based on publicly available state data.
The announcement states that fewer than 8% of Massachusetts nursing homes achieve deficiency‑free survey results. That figure could not be independently verified through state or federal data and is attributed to the announcement.
In addition to the state survey outcome, the facility is listed as a five‑star provider for quality measures on the federal Medicare Care Compare website. The five‑star quality measure rating reflects above‑average performance compared with other nursing homes nationwide, according to federal rating methodology.
Officials said the inspection results reflect ongoing compliance with state and federal standards designed to protect resident health and safety. According to the announcement, the outcome is attributed to staff performance and internal quality practices.
This story was created by Dave DeMille, ddemille@gannett.com, with the assistance of Artificial Intelligence (AI). Journalists were involved in every step of the information gathering, review, editing and publishing process. Learn more at cm.usatoday.com/ethical-conduct.
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