196 Bradford Street Provincetown — Photo 1 of 42
Recent Drop: $295,000
$2,375,000
Investment Analysis — 196 Bradford Street
Provincetown, MA 02657
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 5-bedroom in 02657 carries an estimated $2,980/mo in gross rent — about a 0.55% cap rate and $13,103/yr in estimated NOI at the $2,375,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
2,464
Style
Single Family
Built
1920
This 1920's two-family home is only one of a few built in a Bungalow style in Provincetown. The expansive front porch is complemented with an attractive proscenium arch detail. Sited on a slightly sloped/level .20 acre plot, the main house is attached to a heated garage. An attached one bedroom apartment with its own heated basement abuts the rear of the complex. The property has an extended driveway along the west side with plenty of parking and a generous sized back yard. The main house features four bedrooms, two full baths, a large kitchen with dining area, and a double living room across the front entrance with beautiful fir floors. There is a spare room/bedroom on the main floor as well as laundry and a rear stairway out to the garage and down to a full-sized basement. This is a great opportunity for year-round living with rental income or possible ADU potential, development, or investment.
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: 900 sq ft (the lesser of 900 sq ft or half the 2,464 sq ft principal dwelling). Lot size: 8,806 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Tankless Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Shopping • Tennis Court(s) • Walk/Jog Trails • Medical Facility • Bike Path • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl FirstBedroom 3
Lvl SecondBedroom 4
Lvl SecondBedroom 5
Lvl FirstBathroom 1
Lvl FirstBathroom 2
Lvl SecondProperty History
$2,375,000
Was $2,670,000
Aug 24, 2026
MLS® 73554329
$2,670,000
Jul 23, 2026
MLS® 73554329
Listing Agent: Lee Ash
Listing Office: William Raveis Provincetown
MLS® Number: 73554329
