Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    70 Bradford St Provincetown, MA 02657-1363
    Back to Search
    Property profile & analytics

    70 Bradford St, Provincetown, MA 02657-1363

    View on Map
    • Investment properties
    • 2,148 SF
    • 0.09 lot acres
    Off-Market
    Last Sale Oct 13, 2020
    $1,194,375
    Property ID
    US38-1554767
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,290,000
    Show details
    Cap Rate Potential
    2.1%
    Investment properties
    Location Intelligence

    Current Use by Public Records

    • Bradford Carver House / Bed & Breakfast / Restaurant

    Property Details for 70 Bradford St

    Year built
    1850
    Construction
    FRAME
    Lot size
    0.09 lot acres
    Zone code
    RES3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    PROV M:7-2 P:177
    APU
    PROVM72P177

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 13, 2020 $1,194,375 Erich G Rhynhart Kenneth F Nelson Quit Claim Arm's Length For Ne States $956k · Santander Bank NA
    Jan 16, 2018 — Kenneth F Nelson — Deed · related $240k · Cape Cod Cooperative Bank
    Jun 10, 1996 $320,000 Kenneth F Nelson Boccio,geraldine Grant Deed $240k · Robert J Dean SR
    Nov 12, 1992 — Geraldine Boccio — Deed Of Trust · related $155k · Seamens Savings Bank
    May 15, 1990 $171,000 Geraldine Boccio Steele,elizabeth H Grant Deed $137k · Margaretten Corp
    May 25, 1988 $173,500 Elizabeth H Steele Hewitt,eric R Grant Deed $155k · Seamens Savings Bank
    — — Kenneth F Nelson — Deed Of Trust · related $200k · Cape Cod Co-op Bk
    — — Kenneth F Nelson — Deed Of Trust · related $240k · Cape Cod Co-op Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,430,000
      ML approach
      $1,455,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,489,000
      Market price range: $853k - $2.06M
      AI Estimate
      $974,000
      Market price range: $234k - $1.50M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Provincetown
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.1906
    Latitude
    42.0495
    CBSA code
    12700
    CBSA name
    BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $0.00
    $532,300
    $840,600
    $1,372,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,540,000
      5,405 SF

      142 Bradford St

      OFFICE/RESIDENTIAL (MIXED USE)
      142 Bradford St, Provincetown, MA 02657-1450
      View Details
    • Value Estimation
      $960,000
      3,970 SF

      140 Bradford St, Unit 1

      OFFICE/RESIDENTIAL (MIXED USE)
      140 Bradford St, Provincetown, MA 02657-1450
      View Details
    • Value Estimation
      $1,040,000
      3,532 SF

      248 Commercial St

      OFFICE/RESIDENTIAL (MIXED USE)
      248 Commercial St, Provincetown, MA 02657-2205
      View Details
    • Value Estimation
      $2,220,000
      7,064 SF

      255-257 Commercial St

      OFFICE/RESIDENTIAL (MIXED USE)
      255-257 Commercial St, Provincetown, MA 02657
      View Details
    • Value Estimation
      $1,485,000
      4,103 SF

      252 Commercial St

      OFFICE/RESIDENTIAL (MIXED USE)
      252 Commercial St, Provincetown, MA 02657-2207
      View Details
    • Value Estimation
      $1,375,000
      4,105 SF

      447 Commercial St

      OFFICE/RESIDENTIAL (MIXED USE)
      447 Commercial St, Provincetown, MA 02657-2315
      View Details

    Similar Nearby for Sale

    • $2,975,000
      3,427 SF

      Waterfront Commercial Building in Provincetown

      Rare opportunity: waterfront commercial building with restaurant and residence.
      269 Commercial St, Provincetown, MA 02657
      View Details
    • $3,950,000
      6,148 SF

      Prime Commercial Property with Bay Views

      Classic mixed-use property in the heart of Provincetown with bay views.
      265 Commercial St, Provincetown, MA 02657
      View Details
    • $4,950,000
      5,791 SF

      Mixed-Use Cluster in Provincetown

      Rare mixed-use property in the heart of Provincetown.
      234 Commercial St, Provincetown, MA 02657
      View Details
    • Contact for pricing

      Mixed-Use Cluster in Provincetown Center

      Rare mixed-use property with commercial and residential spaces in Provincetown.
      234 Commercial St, Provincetown, MA 02657
      View Details
    • Contact for pricing

      Provincetown Mixed-Use Investment Opportunity

      Three condos in Provincetown: commercial and residential spaces.
      374 Commercial St, Provincetown, MA 02657
      View Details
    • $11,995,000
      26,590 SF

      Waterfront Mixed-Use Investment Opportunity

      Historic Provincetown commercial property with retail, office, and residential spaces.
      337 Commercial St, Provincetown, MA 02657
      View Details

    Similar Nearby for Lease

    • $6,000 /Mo
      3,013 SF

      Turnkey Office Space Available

      Professional office space for lease in established Provincetown office complex.
      30 Conwell St, Provincetown, MA 02657
      View Details
    • $302 /Mo
      6,148 SF

      Prime Commercial Street Retail Space

      6,148 sq ft Restaurant Space - Lease
      265 Commercial St, Provincetown, MA 02657
      View Details
    • $19,000 /Mo
      Pending

      Prime Retail Space on Commercial

      Centrally located 500 sq ft retail space for lease.
      322 Commercial St, Provincetown, MA 02657
      View Details
    • $100,000
      6,475 SF

      Waterfront Restaurant in Provincetown Available

      Provincetown waterfront restaurant for lease with harbor views.
      317 Commercial St, Provincetown, MA 02657
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    70 Bradford St
    Provincetown, MA 02657-1363
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    70 Bradford St, Provincetown, MA, 02657
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!