That's an olde New England Catboat, fully-refurbished with a small diesel engine, a hand-pump head, and three reefs in her sail. Not that I would sail when I needed 3 levels of reef. Watermen did in the old days, for sure, and anybody can be caught in a squall.
Like most boats, Catboats were designed as work boats. Recreational boating and yachting are recent developments.
I kinda love this craft despite the fact that, right now in life, I'd rather drive the tractor.