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350 Commercial Street, Provincetown, MA, 02657 | $2,100,000
Nestled away along one of the enchanting footpaths of Provincetown's historic Commercial Street, The Captain's House is a remarkable opportunity awaiting its next chapter. This stately Federal Style home has been a cherished bed and breakfast for generations, embodying the very essence of Cape Cod hospitality. Steeped in history, this property is licensed for 12 rooms, accommodating up to 24 guests at a time. With its spacious layout and versatile floor plan, it offers an array of possibilities, including the potential for generous owner's quarters. The Captain's House is perfectly poised to continue its legacy as a thriving B&B, providing guests with an authentic Provincetown experience. For those seeking a more personal touch, the property's 13 bedrooms and 6 full baths make it a prime candidate for conversion into a magnificent single-family residence. Imagine the grandeur of living in a Federal Style home that has hosted countless stories and cherished memories over the years. Seller welcomes offers with requests for buyer concessions. The spaciousness and elegant architecture await your creative vision to transform this property into your dream coastal retreat. While the Captain's House Guest House exudes tranquility and seclusion, it's merely a stone's throw away from the public beach access, ensuring that sun, sand, and surf are just moments from your doorstep. Whether you envision running a thriving hospitality business or creating your private haven in one of Cape Cod's most beloved towns, this property offers a myriad of possibilities. Don't miss this rare chance to own a piece of Provincetown's history and shape its future. The Captain's House Guest House awaits its next captain, and it could be you. Come and explore the endless potential that this iconic property has to offer.
Features
- Rooms: 17
- Bedrooms: 13
- Baths: 6 full
- Laundry: Gas Dryer Hookup, First Floor
- Style: Other
- Year Built: 1800
- Heating: Hot Water
- Cooling: Other
- Basement: Bulkhead Access, Partial
- Approx Sq. Feet: 2,416
- Acreage: 0.06
- Est. Taxes: $8,340
- Lot Desc: In Town Location, Medical Facility, Major Highway, Shopping, Public Tennis, Marina, Level
- Appliances: Dishwasher, Washer, Refrigerator, Gas Range, Dryer - Gas, Water Heater, Electric Water Heater
- MLS#: 22304001
- Website: https://www.raveis.com
/eprop/22304001/350commercialstreet_provincetown_ma?source=qrflyer
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Room Information
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Dining Room | 14.9 x 18.5 | First | |
| Kitchen | 14.9 x 18.5 | First | |
| Living Room | Fireplace(s): Gas | 14.9 x 18.5 | First |
William Raveis Family of Services
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888.699.8876
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Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1020051
508.740.5922
Frank.Merola@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
350 Commercial Street, Provincetown, MA, 02657
$2,100,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Merola
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,680,000 | $1,680,000 | $1,680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
| Monthly Tax Payment | $695 | $695 | $695 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,539 | $10,481 | $14,064 |
| Total Monthly Payment | $10,359 | $11,301 | $14,884 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630