624 Commercial Street Provincetown — Photo 1 of 35
Recent Drop: $245,000
$2,950,000
Investment Analysis — 624 Commercial Street
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 -0.40% cap rate and $-11,688/yr in estimated NOI at the $2,950,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3.5
SqFt
2,272
Style
Single Family
Built
2024
.This newly constructed East End home is situated on one of the last buildable lots on Commercial Street. Designed by a renowned local artist, the home features beautiful natural light, unique details, and an open-concept first floor with large Marvin windows. The modern kitchen is outfitted with sleek quartz countertops and a Wolf range, and opens onto a mahogany back deck that overlooks a spacious, private backyard. Upstairs, you'll find three bedrooms—each with its own ensuite bathroom featuring custom tile showers. The primary suite offers stunning views of Provincetown Bay and Long Point. Additional highlights include three off-street parking spaces and nearby access to a pristine public bay beach. Legally connected to the town septic for four bedrooms. Located in Provincetown's historic East End, a rare blend of location, design, and modern amenities.
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 2,272 sq ft principal dwelling). Lot size: 5,002 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
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer • Wine Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Highway Access
Geography
Property History
$2,950,000
Was $3,195,000
May 19, 2026
MLS® 73497161
$3,195,000
Apr 7, 2026
MLS® 73497161
$3,495,000
Mar 17, 2026
MLS® 73433530
$3,495,000
Sep 20, 2025
MLS® 73433530
Listing Agent: The Rose Kennedy Team
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73497161
