348A Commercial Street #Unit 5 Provincetown — Photo 1 of 34
$1,550,000
Investment Analysis — 348A Commercial Street #Unit 5
Provincetown, MA 02657
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 1-bedroom in 02657 carries an estimated $1,610/mo in gross rent — about a 0.09% cap rate and $1,342/yr in estimated NOI at the $1,550,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
681
Style
Condominium
Built
1900
Perched atop one of the tallest buildings in the center of Provincetown yet hidden entirely, this extraordinary top-floor residence offers a living experience unlike any other. Accessed by a pretty red-brick path, this is a quiet private retreat in the very heart of town. Structurally rebuilt and reimagined in 2017 by HEIN+COZZI Architects, the home offers breathtaking panoramic bay views in every direction--to Long Point and Wood End Lighthouses, the harbor, the town's lovely steeples and cupolas, Town Hall and iconic rooftops. Windows on all sides fill the vaulted beamed rooftop interior with ever-changing light. Two custom window banquettes with built-in storage create perfect daybeds for relaxing, dining or watching the town below. Custom millwork, generous built-ins, designer lighting, sliding pocket doors, gas fireplace, high end appliances, heated bathroom floors, Italian concrete tiles, wood floors, king-size bedroom with water views and built-in closets, two decks and parking.
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 MLS and other third-party data may be inaccurate or out of date.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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Property Details
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Interior Specifications
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Listing Agent: Iskren Georgiev
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73558310
