Investment Analysis — 10 Seashore Park Dr #M

Provincetown, MA 02657

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 2-bedroom in 02657 carries an estimated $2,120/mo in gross rent — about a 1.34% cap rate and $10,019/yr in estimated NOI at the $749,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,147

Style

Condominium

Built

1991

The Race Point Townhouse Condominium is located about a mile from the center of Provincetown and the bike trails to Race Point and Herring Cove beaches start just across the street. This well managed association is primarily comprised of owner occupied homes as rentals of less than one month are not allowed. Unit M has been gently used by the same second-home owners for the past 30 years and has never been rented. Enter to an open-plan living, dining, and kitchen area with a half-bath. Sliders lead to a deck and then to multi-tiered deck covering the entire private fenced in yard. The open stairway to the second floor creates an airy feel and there are gleaming natural blond bamboo floors throughout. Upstairs features two bedrooms and a full bath with an oversize tile shower and glass door. The full unfinished basement includes laundry, FHA oil heat and central air. The association has signed up to connect to the municipal sewer and the betterment will follow the deed.

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 MLS and other third-party data may be inaccurate or out of date.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.