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Property profile & analytics
OFF-MARKET
Estimated value
$9,995,000
Hotels
22 Commercial St Provincetown, MA 02657-1910
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0024189
Property profile
Verified
Property type
Hotels
Use group
HOTEL-RESORT
Year built
1910
Construction
FRAME
Total area
6,491 SF
Lot
0.82 ac (35,785 SF)
Zoning code
RES1
APN
PROV M:5-3 P:14
UPID
US38-0024189
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
-
Land's End Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.00M
Owner & transaction history
Treved Holdings LLC · 4 yrs held
Treved Holdings LLC
since 2022
Last sale
$11.0M
7 recorded transactions
Zoning & alternative use
RES1 · 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
$9,340,000
ML approach
$8,680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.00M
Range $9.00M – $10.99M · ±10% · vs last sale $10.98M (Mar 31 2022)
Last sale anchor
$10.98M
Mar 31 2022
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
$1,540 / 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
Tax billed
$51,766
Tax year 2024
Assessed value
$9,935,800
Assessed 2024
Previous assessed
$9,935,800
+0.0% YoY
Effective rate
0.52%
On assessed value
Assessed land
$3,165,400
Assessed improvement
$6,770,400
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
Hotels
Use group
HOTEL-RESORT
Status
Off-Market
Year built
1910
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
1
Rooms
23
Bathrooms
18
Total area
6,491 SF
Lot
0.82 ac (35,785 SF)
Zoning code
RES1
APN
PROV M:5-3 P:14
UPID
US38-0024189
Jurisdiction
PROVINCETOWN
Zoning & alternative use
RES1 · Provincetown, MA
Zoning RES1 · permitted uses
RES1 · 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
1910
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
1
Rooms
23
Bathrooms
18
Lot
0.82 ac
Current owner
From public records · entity-resolved
Treved Holdings LLC
Entity
Mailing address
22 COMMERCIAL ST, PROVINCETOWN, MA 02657-1910
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2022
$10,980,000
Treved Holdings LLC
Provincetown Lei Hldg LLC
Quit Claim Arm's Length For Ne States
$7,200,000 · First Republic Bank
Dec 6, 2012
$3,884,000
Provincetown Lei Holdi
Lands End At Gull Hl I
Quit Claim Arm's Length For Ne States
$2,150,000 · Td Bank NA
Dec 6, 2012
—
Provincetown Lei Holdings
—
Deed Of Trust
related
$774,000 · South Eastern Econ Dev Corp
Dec 3, 2008
—
Lands End At Gull Hl INC
—
Deed Of Trust
related
$100,000 · Cape Cod Coop Bank
Jul 25, 2007
$1
Daniel P Petrucci
Lands End Gull Hill INC
Grant Deed
—
Dec 27, 2005
—
Lands End At Gull Hl INC
—
Deed Of Trust
related
$2,225,000 · Cape Cod Coop Bank
Aug 29, 1997
—
End At Gull Hill Lands
—
Deed Of Trust
related
$375,000 · Seamens Savings Bank
Aug 8, 1995
—
End At Gull Hill Lands
—
Deed Of Trust
related
$50,000 · Seamens Savings Bank
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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