73 1/2 Commercial Street, #Neptune, Provincetown, MA, 02657 | $850,000

Step back to the days when salty sea captains and the aroma of brine ruled this curious little slip of coast. Picture it then: the early 1900s, when a man by the name of Captain Jackson Williams--a fellow who wore the sea like a second skin--rented out ramshackle rooms to sunburned fishermen and, later, to summer wanderers seeking nothing more than the caress of ocean breezes and sweet lullaby of waves tapping at the hull of their dreams. Fast forward to today, where history still lingers in the grain of weathered wood at Captain Jack's Wharf--a place where time has rubbed its calloused hands over everything yet left the soul untouched. Nestled right in the heart of Provincetown's West End, this condo isn't just a property, it's a secret handshake with the past. Enter Neptune, a studio condo perched on the corner of the second floor, offering views so stunning you'll think the ocean is winking at you from both sides. The floors? Beautifully worn wood, smooth like the deck of a boat. The skylights? They pour daylight into the room like an open bottle of champagne, filling the space with a golden, effervescent glow. And those exposed rafters? They're as authentic as a sailor's weathered compass. Of course, Captain Jack's legacy didn't fade away like a fog on the bay. Oh no, this place remains a coveted rental destination, with an on-site manager handling the logistics so you can focus on more important things, like whether the stars really are brighter when you're this close to the edge of the world. You'll find easy parking nearby at the West End beach. Or better yet, arrive by boat at the association's private dock. And yes, because we know some of your companions have paws, pets are more than welcome, with minor restrictions, as long as they abide by the gentle rules of the wharf. So here it is, this slice of history, Neptune; where past and present swirl together like salt and air. Open from Memorial Day to Columbus Day, it's waiting for those who still hear the sea calling. Strong rental income. Seller welcomes offers with requests for buyer concessions.

Features

  • Heating: None
  • Cooling: None
  • Levels: 2
  • Rooms: 1
  • Bedrooms: 1
  • Baths: 1 full
  • Year Built: 1884
  • Common Charge: $1,383 Quarterly
  • Approx Sq. Feet: 271
  • Acreage: 0.08
  • Est. Taxes: $3,662
  • View: Harbor
  • Water Front: Yes
  • Pet Policy: Yes
  • Appliances: Water Heater, Electric Water Heater
  • MLS#: 22404884
  • Website: https://www.raveis.com
    /prop/22404884/7312commercialstreet_provincetown_ma?source=qrflyer
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NMLS Mortgage Loan Originator ID 1020051

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Frank.Merola@raveis.com

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73 1/2 Commercial Street, #Neptune, Provincetown, MA, 02657

$850,000

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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $680,000 $680,000 $680,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.040% 6.360% 5.930%
Monthly Tax Payment $305 $305 $305
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,861 $4,187 $5,647
Total Monthly Payment $4,258 $4,584 $6,044

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.