
838 Commercial Street #Unit 1 Provincetown — Photo 1 of 42
$2,195,000
Investment Analysis — 838 Commercial Street #Unit 1
Provincetown, MA 02657
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 3-bedroom in 02657 carries an estimated $2,600/mo in gross rent — about a -0.28% cap rate and $-6,228/yr in estimated NOI at the $2,195,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,478
Style
Condominium
Built
1940
Evoking the charm of Provincetown's once-abundant seaside cottages, this rare 3-bedroom home sits atop Mayflower Heights in the East End, blending historic character with sweeping views of Cape Cod Bay. Outside the flood zone and offering deeded beach access across the street, this private hilltop retreat captures the timeless essence of an era gone by, while delivering panoramic water views from Long Point Lighthouse to Wellfleet. The first floor features a vaulted kitchen/dining area, a living area, a full bath, a laundry room and a porch framing the bay. Upstairs, two water-view bedrooms, a third guest room, and a second bath offer comfortable accommodations. With a large exclusive use yard, patio, decks, private outdoor shower, off-street parking, and septic capacity for an additional bedroom, this turnkey home is a rare East End treasure.
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 MLS and other third-party data may be inaccurate or out of date.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: 73533349