Active
9 Days on market
36 Nelson Avenue #Unit 1 Provincetown — Photo 1 of 28

36 Nelson Avenue #Unit 1 Provincetown — Photo 1 of 28

$840,000

Investment Analysis — 36 Nelson Avenue #Unit 1

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 1.54% cap rate and $12,970/yr in estimated NOI at the $840,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

785

Style

Condominium

Built

1985

Tucked into a quiet, private setting beside the Beech Forest trails and Cape Cod National Seashore, yet close to downtown, this end-unit two-bedroom condominium offers spacious one-level living with thoughtful updates throughout. The light-filled living room features vaulted ceilings and a wood-burning brick fireplace, and opens to a loft ideal for an office, studio, or creative space. The eat-in kitchen has granite countertops, updated appliances, and direct access to a private rear deck. Four split systems provide efficient heating and cooling, and an HOA generator serves the heat, hot water, and exterior common lighting. Additional features include in-unit laundry, an updated bath, common basement storage, and one deeded, assigned parking space. The professionally managed five-unit association allows short-term rentals and pets for owners. Well suited for year-round living, a Provincetown getaway, or an income property.

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 MLS and other third-party data may be inaccurate or out of date.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

Financials

Original Price$840,000
Annual Taxes$4,264
HOA Fee$175

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
Fireplaces1
Flooring--
BasementY

Climate & Utilities

HeatingBaseboard, Oil, Wall Furnace
CoolingWall Unit(s)
WaterPublic
SewerPrivate Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningRes3

Property & Lot

Acres0.16
SqFt Lot6,997
Lot Features--

Geography

Listing Provided By

Listing Agent: Iskren Georgiev

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73576673