Investment Analysis — 446 Commercial Street #Unit 2

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 0.04% cap rate and $482/yr in estimated NOI at the $1,150,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

557

Style

Condominium

Built

1890

Commercial St/East End property. Deeded parking + private outdoor space + separate storage shed + in-unit laundry + turn. Rebuilt in 2019, beautifully appointed 1BR/1BA condo accessed by a private drive just off Commercial Street. Living area has grasscloth wallcovering, shiplap accents, crown moldings and recessed lighting. Kitchen offers granite breakfast bar, marble backsplash, Shaker-style cabinetry and induction range plus dry bar area. Spacious bedroom has a walk-in closet with custom built-ins. Newly renovated bath features marble flooring and walk-in shower. Outside, enjoy a generous exclusive-use deck and yard — an ideal setting for outdoor entertaining, along with a private 44 sq. ft. storage shed. Additional amenities: full-size in-unit laundry, split-system heating and AC, deeded parking. Exterior freshly painted in 2026. Septic system with an ACO in place. Quarterly HOA does not include Master Insurance which is $1937.12 per year.

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 MLS and other third-party data may be inaccurate or out of date.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