48 Commercial Street #Unit 4 Provincetown — Photo 1 of 22
$1,895,000
Investment Analysis — 48 Commercial Street #Unit 4
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 0.11% cap rate and $2,078/yr in estimated NOI at the $1,895,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,067
Style
Condominium
Built
1856
Located in Provincetown's prime West End, directly across from the bay beach and moments from the West End Boat Landing, this top-floor penthouse condominium occupies the upper levels of a historic building dating to 1856. Designed to maximize natural light and harbor views, the reverse floor plan places the main living spaces above, where skylights, multiple exposures, and an open living, dining, and kitchen area overlook Provincetown Harbor and Long Point. Interior features include hardwood floors, granite countertops, stainless steel appliances, central air conditioning, plantation shutters, in-unit laundry, and two tiled baths. The expansive exclusive-use deck offers exceptional outdoor living with space for dining, relaxing, and entertaining. One assigned parking space is included, and pets are permitted for owners. Weekly rentals are allowed. There is strong rental history and potential.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: Iskren Georgiev
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73541981