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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Investment properties
174 Commercial St Provincetown, MA 02657-2119
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-1300696
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1845
Construction
FRAME
Total area
3,980 SF
Lot
0.18 ac (7,667 SF)
Zoning code
TCC
APN
PROV M:7-2 P:139
UPID
US38-1300696
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Brasswood Inn Bed & Breakfast Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$720k
CAP Approach
CAP
$855k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$765k
Owner & transaction history
Rainbow Connection Realty · 6 yrs held
Rainbow Connection Realty
since 2020
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
TCC · Provincetown, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Provincetown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Provincetown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$835,000
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
$925,000
6.5%
$855,000
7%
$795,000
Blend value · Realmo final
$765k
Range $689k – $842k · ±10% · vs last sale $700k (Apr 13 2020)
Last sale anchor
$700k
Apr 13 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$192 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Assessed value
$3,428,500
Assessed 2024
Previous assessed
$3,428,500
+0.0% YoY
Assessed land
$1,132,600
Assessed improvement
$2,295,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1845
Construction
FRAME
Heating
HOT WATER
Buildings
2
Stories
2
Units
1
Rooms
17
Bathrooms
14
Total area
3,980 SF
Lot
0.18 ac (7,667 SF)
Zoning code
TCC
APN
PROV M:7-2 P:139
UPID
US38-1300696
Jurisdiction
PROVINCETOWN
Zoning & alternative use
TCC · Provincetown, MA
Zoning TCC · permitted uses
TCC · Provincetown, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Provincetown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1845
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
2
Units
1
Rooms
17
Bathrooms
14
Lot
0.18 ac
Current owner
From public records · entity-resolved
Rainbow Connection Realty
Entity
Mailing address
PO BOX 1307, PROVINCETOWN, MA 02657-5307
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2025
—
Rainbow Connection Rlty
—
Deed
related
$225,000 · Cape & Islands Community Development INC
Nov 9, 2021
—
Rainbow Connection Rlty
—
Deed
related
$225,000 · Cape & Islands Community Development INC
Apr 13, 2020
$2,440,000
Rainbow Connection Realty
Michael A Valenti
Quit Claim Deed
related
—
Mar 31, 2020
—
Michael A Valenti
Angels Wings
Quit Claim Deed
related
—
Apr 18, 2018
—
Wings,angels Trust
—
Deed
related
$380,000 · Robert P Tosner
Mar 10, 2003
—
Angels Wing RT
—
Deed Of Trust
related
$800,000 · Thomas M Sykes
Apr 14, 1998
$700,000
Angels Wings RT
White Wind Inn INC
Grant Deed
$650,000 · Thomas M Sykes
Apr 25, 1997
—
White Wind Inn INC
—
Deed Of Trust
related
$60,000 · Thomas M Sykes
Oct 14, 1993
—
White Wind Inn INC
—
Deed Of Trust
related
$280,000 · Thomas M Sykes
Apr 29, 1988
—
White Wind Inn INC
—
Deed Of Trust
related
$225,000 · Thomas M Sykes
Apr 21, 1987
—
White Wind Inn INC
—
Deed Of Trust
related
$155,000 · Shawmut Bk Cape Cod
—
—
Wings,angels Trust
—
Deed Of Trust
related
$380,000 · Robert P Tosner
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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