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3 Franklin Street Unit 2, Provincetown, MA, 02657

2beds
1baths
697sqft
$1,225,000
$1,758price/sqft
$7,300/moest. monthly cost
$292,000/yrincome needed

About This Home

Ideally located in Provincetown's the sought-after West End, Residence 2 at 3 Franklin Street is just moments from public beaches, Relish, Perry's Fine Wines & Liquors, The Red Inn, and the galleries, shops, and restaurants that define this sought-after coastal destination. This thoughtfully updated minimalist-style two-bedroom condominium is part of a well-maintained three-unit association and has been carefully redesigned to maximize natural light, seamless indoor-outdoor living, and glimpses of Provincetown Bay. Enter through an expansive covered private deck, an ideal setting for entertainment or for morning coffee with sunrise views over neighboring gardens and peeks of the water. Inside, the fully applianced eat-in kitchen offers abundant cabinetry, generous counter space, and a pantry closet for additional storage. The spacious living room is filled with afternoon sunlight and features oversized windows overlooking Franklin Street, creating an inviting atmosphere for relaxing or entertaining. The guest bedroom comfortably accommodates a full-size bed and enjoys tranquil garden views, while the primary bedroom easily fits a king-size bed and features windows on two sides, welcoming beautiful natural light throughout the day along with glimpses of the Bay. The cheerful bathroom includes a walk-in shower and a recently installed in-unit washer and dryer. Additional amenities include air conditioning, tandem parking, exclusive basement storage ideal for bikes and beach gear and a strong rental history.Enjoy the very best of West End living from this ideally located Provincetown retreat.

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
84
BikeVery Bikeable

Schools

6/10
Provincetown SchoolsGrades PK-80.4 mi

Construction

Condition

  • Property condition: Updated/Remodeled, Approximate
  • Year built: 1880

Materials

  • Roof: Asphalt, Pitched
  • Construction materials: Clapboard,Shingle Siding

Notable Dates

  • Major remodel year: 2022

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Washer,Range Hood,Washer/Dryer Stacked,Refrigerator,Microwave,Electric Dryer

Basement

  • Has basement: Yes
  • Basement: Bulkhead Access

Bedroom2

  • Features: Bedroom 2
  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Other,Tile

Heating

  • Heating features: Hot Water

Interior Area

  • Total structure area: 697
  • Total interior livable area: 697 sqft

Kitchen

  • Features: Kitchen, Upgraded Cabinets, View, Recessed Lighting
  • Level: First

Living Room

  • Features: Recessed Lighting, Living Room
  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: PROV M:64 P:106 E:002
  • Attached to another structure: Yes
  • Zoning: RES3
  • Special condition: Standard,None

Features

  • Stories: 1
  • Entry location: Middle Level
  • Patio & porch: Deck
  • Has view: Yes

Lot

  • Lot size: 3,049 sqft
  • Features: Bike Path,Shopping,Marina,In Town Location

Parking

  • Total spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Hail
Inland Flooding
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,194$74,328
Home Insurance *$201$2,412
Property Taxes $551$6,612
Electricity $354$4,259
Total$7,300$87,600
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$250,285/yr
40% on housing$219,000/yr
45% on housing$194,666/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,758This listing

vs Other Active Listings

Avg $/sqft

ZIP 02657$847
Barnstable County$549

vs Homes Sold Last Month

Median $/sqft

ZIP 02657$1,316
Barnstable County$463

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-01Price change$1,225,000
2026-05-25Listed for sale$1,298,000
2021-09-13Sold$804,937
2021-07-28Contingent$799,000
2021-07-28Pending sale$799,000
2021-07-22Price change$799,000
2021-06-19Listed for sale$825,000

For Sale by Agent

AgentMike Minore
BrokerageGibson Sotheby's International Realty

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