22 Browne Street, Provincetown, MA, 02657 | $7,000,000

Offered for the first time in generations. Developers take notice. Over a half-acre of developable land in one of the prime zones for a mix of affordable and market rate units or just reconstruct the existing buildings as set out below provided by the Commissioner. A different plan could allow more units. From the Building Commissioner: ''With a Special Permit for pre-existing non-conforming, all 5 units could be reconstructed. Raze and rebuild would require them to be built to the flood plain regulations in effect at the time. Any increase in the number of units, in separate building(s), above the existing number would not be allowed by right based on each building requiring 5000 sq. ft. of lot area and this lot is just over 25, 000. Multi-family units could be created using the five buildings through the Planning Board. This lot could support 5-three-unit buildings or some combination not to exceed 15 units in total, spread over the existing 5 dwellings. A net increase of two units above the five would trigger inclusionary. 1/6 of the new units created would be required to be established as Affordable or Community housing units. Planning Board approval required. ''

Features

  • Rooms: 12
  • Bedrooms: 7
  • Baths: 5 full / 1 half
  • Laundry: Dryer Hook-up, Washer Hook-up
  • Style: Colonial
  • Year Built: 1898
  • Garage: Off Street
  • Heating: Forced Air, Furnace, Electric Stove
  • Cooling: Wall Unit(s)
  • Approx Sq. Feet: 1,336
  • Acreage: 0.59
  • Est. Taxes: $7,392
  • Lot Desc: In Town Location, Shopping, Medical Facility, Major Highway, Corner Lot, Level, Gentle Sloping
  • Appliances: Electric Water Heater, Water Heater, Electric Range, Refrigerator
  • MLS#: 22401983
  • Website: https://www.raveis.com
    /raveis/22401983/22brownestreet_provincetown_ma?source=qrflyer
Courtesy of
All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than William Raveis Real Estate include the name of the listing company. Neither the listing company nor William Raveis Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision.

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Keri WatkinsSales Associate

860.558.5701

Keri.Watkins@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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Paul AddamoVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 93047

860.990.2486

paul.addamo@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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Heidi SummaRegional SVP Insurance Sales, William Raveis Insurance

860.919.8074

Heidi.Summa@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

22 Browne Street, Provincetown, MA, 02657

$7,000,000

Keri Watkins

Sales Associate

William Raveis Real Estate

Phone: 860.558.5701

Keri.Watkins@raveis.com

Paul Addamo

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.990.2486

paul.addamo@raveis.com

NMLS Mortgage Loan Originator ID 93047

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $5,600,000 $5,600,000 $5,600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.875% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.430% 6.977% 6.664%
Monthly Tax Payment $616 $616 $616
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $34,026 $36,788 $48,782
Total Monthly Payment $34,767 $37,529 $49,523

* 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.