84 Summer St # 86, Adams, MA 01220

10 beds, 9 baths
For Sale
$179,000
Price cut: -$20,000 (7/1)
Zestimate®: $201,947
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Two buildings being sold together one has one store and two apartments the other has two stores and seven apartments. The buildings have newer siding and windows. The potential rental income is $56,280 expenses are $17,357 per year giving you an estimated NOI of $33,295 which includes a 10% vacancy factor. At current list price cap rate is 18.6% and the cash on cash return is 56.4% based on 20% Brokered And Advertised By: CENTURY 21 FRANKLIN STREET ASSOC Listing Agent: Michael A Sorrentino
Facts
  • Lot: 9,583 sqft
  • Multi Family
  • Built in 1929
  • 517 days on Zillow
  • Last sold: Aug 2005 for $1
  • MLS #: 201779
Construction
  • Structure type: Other
Other
  • Parcel #: M:000112 P:000061
  • Zillow Home ID: 80861820
Home Values
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$201,947
+$8,891 Last 30 daysd
$153K
$240K
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,098/mo
+$0 Last 30 daysd
$878
$2.1K
Zestimate range

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Neighborhood for 84 Summer Street # 86

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Zillow predicts 01220 home values will fall 0.3% next year, compared to a 0.1% fall for Town of Adams as a whole.

Foreclosures will be a factor impacting home values in the next several years. In 01220, the number of foreclosures waiting to be sold is 3.5% greater than in Town of Adams, and 17.2% lower than the national average. This higher local number may prevent 01220 home values from rising as quickly as other regions in Town of Adams.

Learn more about forecast calculations or 01220 home values.
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    Other Units in this Building (1)ZestimateBedsBathsSqft
    • N/A$132K31.51,260

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