44 Commercial Street Provincetown — Photo 1 of 36
$4,499,000
Investment Analysis — 44 Commercial Street
Provincetown, MA 02657
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 8-bedroom in 02657 carries an estimated $2,980/mo in gross rent — about a 0.26% cap rate and $11,523/yr in estimated NOI at the $4,499,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
9
SqFt
3,515
Style
Single Family
Built
1855
Nestled in the heart of the West End, this historic 1847 Greek Revival Captain's Home is now available for purchase after 29 years under the same ownership. As one of the largest buildings in the neighborhood, the West End Inn serves primarily as a private residence but is also licensed as a B&B. The first floor was completely renovated in 2019. The property features three kitchens, a kitchenette, and four separate living quarters, each with private entrances. The light-filled, three-family layout offers potential to be converted into a substantial single-family home. There are nine bathrooms, eight bedrooms, two dens, two decks, two private garden spaces, and a beautifully appointed front yard. The top floor, with its large deck, provides water views and unobstructed vistas of Telegraph Hill and stunning sunsets. Parking is available for five or more cars, and beach access is directly across the street. Betterment paid in full.
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 3,515 sq ft principal dwelling). Lot size: 5,662 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$4,499,000
May 19, 2025
MLS® 73377530
$4,999,900
Dec 31, 2024
MLS® 73248553
$4,999,900
May 25, 2024
MLS® 73248553
Listing Agent: Iskren Georgiev
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73377530
