134 Commercial St Provincetown — Photo 1 of 35
Recent Drop: $200,000
$2,495,000
Investment Analysis — 134 Commercial St
Provincetown, MA 02657
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 2-bedroom in 02657 carries an estimated $2,120/mo in gross rent — about a 0.30% cap rate and $7,517/yr in estimated NOI at the $2,495,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
3.5
SqFt
1,770
Style
Single Family
Built
1880
Located in Provincetown's sought-after West End, this unique single-family home offers an exceptional blend of character, flexibility and location. At street level, a spacious living room with direct access to Commercial Street and a large picture window overlooking the neighborhood creates an inviting space filled with natural light and the energy of town - ideal for entertaining and people watching. Also on the main level are an office and an en suite bedroom with a sitting area and French doors opening to a private deck overlooking the fenced yard. Upstairs, the living room captures views of the bay and surrounding historic neighborhood. The updated kitchen features granite countertops, stainless steel appliances and modern cabinetry. A second en suite bedroom offers privacy, its own deck and stairs leading to the patio below. Additional highlights include newer mini-splits, town sewer and a strong rental history. Off-site tandem parking for two cars is available separately.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 885 sq ft (the lesser of 900 sq ft or half the 1,770 sq ft principal dwelling). Lot size: 1,960 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$2,495,000
Was $2,695,000
Jul 22, 2026
MLS® 73523880
$2,695,000
May 26, 2026
MLS® 73523880
Listing Agent: Brett Holmes
Listing Office: Kinlin Grover Compass
MLS® Number: 73523880