
23 Captain Berties Way #Unit M1 Provincetown — Photo 1 of 28
Recent Drop: $160,000
$1,139,000
Investment Analysis — 23 Captain Berties Way #Unit M1
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 0.39% cap rate and $4,468/yr in estimated NOI at the $1,139,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
4
SqFt
1,866
Style
Condominium
Built
1985
Tucked into a private wooded hillside moments from the heart of Provincetown, this turn-key condominium offers four levels of comfortable living in a peaceful treehouse setting. With approximately 1,860 sq ft, the home features bright, open interiors, oversized windows, and a layout designed for both privacy and gathering. The main level includes hardwood and tile floors, an open kitchen with granite countertops, dishwasher, dining area, full bath, and sliders to a large private deck surrounded by nature. Upstairs are two generously sized rooms and another full bath, while the top-floor primary suite offers cathedral ceilings, skylights, an ensuite bath, and distant town and water views. The finished walk-out lower level offers storage, utility space, and future potential. Amenities include a full-size washer and dryer, three parking spaces, and a four-unit association that permits weekly rentals and owner pets. Close to beaches, shopping, dining, and all Provincetown attractions.
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 MLS and other third-party data may be inaccurate or out of date.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
$1,139,000
Was $1,174,500
Aug 14, 2026
MLS® 73527702
$1,174,500
Was $1,149,000
Aug 5, 2026
MLS® 73527702
$1,149,000
Was $1,199,000
Jul 14, 2026
MLS® 73527702
$1,199,000
Was $1,299,000
Jul 3, 2026
MLS® 73527702
$1,299,000
Jun 1, 2026
MLS® 73527702
Listing Agent: Joan Lenane
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73527702