Active
5 Days on market
1185 Adams St #17 Boston — Photo 1 of 25

1185 Adams St #17 Boston — Photo 1 of 25

$429,000

Investment Analysis — 1185 Adams St #17

Boston, MA 02124

Based on HUD Small Area Fair Market Rent, a 2-bedroom in 02124 carries an estimated $3,000/mo in gross rent — about a 4.40% cap rate and $18,889/yr in estimated NOI at the $429,000 list price. Adjust every assumption in the calculator below.

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Beds

2

Baths

1

SqFt

735

Style

Condominium

Built

1960

Welcome to this beautifully updated two-bedroom penthouse condo in the heart of highly desirable Lower Mills. This bright top-floor unit features a spacious living room and numerous recent improvements, including a newly renovated kitchen, new flooring, fresh paint, upgraded electrical wiring and updated lighting throughout. The well-designed layout offers two comfortable bedrooms and a generous living area with plenty of space to relax or entertain. Additional conveniences include a deeded off-street parking space with ample visitor parking and laundry available in the basement. Enjoy everything Lower Mills has to offer, with neighborhood favorites including Yellow Door Taqueria, Lower Mills Tavern, The Bowery Bar, BRED Gourmet and Sweet Life nearby, along with shopping and public transportation. A fantastic opportunity to own an updated penthouse in one of Dorchester’s most desirable neighborhoods. Showings start Tuesday the 8th.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

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Property Details

Financials

Original Price$429,000
Annual Taxes$4,031
HOA Fee$370

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingElectric Baseboard, Electric
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofRubber
Foundation--
ZoningCD

Property & Lot

Acres0.02
SqFt Lot735
Lot Features--

Geography

Listing Provided By

Listing Agent: Joseph Mceachern

Listing Office: Paramount Properties

MLS® Number: 73572574