CCertihomes
481 Commercial St #1, Provincetown, MA 02657

$1,495,000

1 beds 2 baths 1,131 sqft Built 19507 days on marketActive

About this home

FREE-STANDING, WATERFRONT COTTAGEThis rarely available, free-standing, waterfront cottage is located in Provincetown’s East End Gallery District. The 1, 131 SF condo provides 1 BR, large den, 2 full baths, gas fireplace, 1 parking, in-unit washer & dryer, exclusive deck overlooking the Provincetown harbor and an excellent rental history, making it an ideal getaway home or investment.The recently upgraded kitchen with generous cabinets extends into the open living & dining area with a fireplace and water views. The large den has a privacy curtain and sliding glass doors leading to the 31’ long exclusive deck.Condo fees have proven to be an excellent value as they include on-site concierge-level management, complete rental services, cleanings, flood & master insurance, electric, water, gardening, maintenance and reserves. This is ideal for owners who want their home managed worry-free.Pets allowed. Offered furnished with some exclusions.2023 Net rental income = $52K.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$10,240/mo

Real estate (PITI + HOA + PMI)
$11,714
Principal + interest$6,780
Property tax + insurance$3,127
HOA$1,246
PMI / 2nd mortgage$561
Utilities
$313
Heating + cooling$20
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$98
Car insurance + maintenance$98
Other (entertainment)
$157
$10,240/mo TLC
Budget$10,740/mo
Remaining after TLC$500/mo
Purchase price
$1,495,000
Down payment
$74,750 (5%)
Loan amount
$1,420,250
APR
4%

Quick facts

Type
Condominium
Style
Year built
1950
Lot size
Stories
1
Heating
Electric Baseboard, Electric, Wall Furnace, Propane
Cooling
Wall Unit(s), Ductless
Water
Public
HOA
$1,246 / Monthly
Annual tax
$6,031
MLS #
73228148
County
Barnstable

At a glance

Fireplace
Basement
Dishwasher
Waterfront

Home features

Appliances
RangeDishwasherMicrowaveRefrigeratorFreezerWasherDryer
Exterior
Deck - Wood
Parking
Assigned
Flooring
Wood, Carpet, Vinyl / VCT
Roof
Rubber
Sewer
Public Sewer

Neighborhood — 02657

MetricThis ZIPCountyUSA
Population3,5086,444,931299,088,112
Population Change Since1990-1.00%7.00%20.00%
Population Density351786
Male1,8853,127,134147,432,321
Female1,6233,317,797151,655,844
Never Married1,7251,612,88563,775,926
Married6462,586,314123,120,365
Separated210247,85712,639,686
Widowed196363,59415,467,586
Divorced527436,88823,075,029
Number Of House Hold1,5362,431,591111,826,380
Average House Hold Size2.072.562.60
Medial Age44.9237.2535.46
Median House Hold Income$36,808$57,698$48,276
Average House Hold Income$55,630$75,023$63,629
P C I$27,564$29,196$24,529
M D I$32,499$48,105$41,133
A T H E$46,789$57,083$50,898
S T R5.00%5.00%
W C J82.88%81.38%77.74%
(Zip) Code
2657

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 4/24/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.