
633 Commercial Street #Unit 2 Provincetown — Photo 1 of 32
$1,377,000
Investment Analysis — 633 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 -0.40% cap rate and $-5,557/yr in estimated NOI at the $1,377,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
982
Style
Condominium
Built
1900
A rare East End waterfront condominium with direct beach access, nearly 1,000 square feet of single-level living, and sweeping Provincetown Harbor views. Rich in Provincetown character, this one-bedroom residence offers an inviting open floor plan with a classic brick fireplace, propane wood stove, and an updated kitchen with wood cabinetry, granite countertops, and stainless-steel appliances. A distinctive sleeping porch captures panoramic bay and beach views, while the separate bedroom with its own exterior entrance provides exceptional flexibility for guests or rental use. Private outdoor space and a spacious common waterfront deck create effortless opportunities for dining, entertaining, and enjoying the ever-changing coastal landscape. Just a short distance from the heart of Provincetown, this exceptional property offers a rare combination of direct waterfront access, character, and convenience. Strong rental history and pet-friendly owner policies further enhance its appeal as a seasonal retreat, year-round residence, or investment.
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 MLS and other third-party data may be inaccurate or out of date.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
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Shopping • Bike Path • Conservation Area • Marina
Geography
Property History
$1,377,000
Sep 15, 2026
MLS® 73577513
$1,399,000
Jul 13, 2026
MLS® 73494990
$1,399,000
Apr 1, 2026
MLS® 73494990
$1,476,000
Dec 8, 2025
MLS® 73438065
$1,476,000
Sep 18, 2025
MLS® 73438065
$1,590,000
Sep 4, 2025
MLS® 73342957
$1,590,000
Mar 8, 2025
MLS® 73342957
Listing Agent: Joan Lenane
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73577513

