1 Albert St · Adams, MA 01220

$179,900

4 bd · 1.5 ba · 1,630 sqft · SingleFamily public records · 13 Days on market

Built 1900 4,356 sqft lot $110/sqft · 19% below area Est $222k · 19% under

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +19.9/30.0
• ARV discount +15.0/15.0
• Appreciation +8.3/10.0
• DSCR +6.3/10.0
• 1% rule +5.0/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0

Listing remarks MLS

Wonderful opportunity to own this spacious home with river frontage and just steps to 11-mile bike/walking trail - The Ashuwillticook Rail Trail. Close to shopping & easy access to Route 8. If you need public bus service, only 2 minute walk away. Relaxing river & mountain views. Needs complete rehab but for the price could make someone a great downtown home! Price includes an extra lot across street that borders bike trail... would be great for extra off street parking!

Key facts

• Vinyl flooring
• New hot water tank
• Enclosed porch

Tags

• VINYL FLOORING
• KITCHEN REMODEL
• ENCLOSED PORCH
• NATURAL GAS
• NEW HOT WATER TANK

Property features AI

Exterior

• Parking: Off-street parking
• Utilities: 100 Amp electric service; Public sewer
• Home design: Single property (building area approximately 1630)
• Construction: Building area approximately 1630
• Exterior features: Partially fenced yard; Fixer condition

Interior

• Kitchen: Refrigerator
• Bedrooms: Accessible bedroom
• Flooring: Laminate flooring; Wood flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Oil heating
• Interior features: Accessible bedroom; Accessible full bath; 8 total rooms
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $161 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $180k).
• Cap rate 7.7% vs local median 3.7% in Adams — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 71/100 on livability (#131 in MA) — a middle-class / working-renter tenant base. Strengths: health & safety A+, housing A, cost of living A-; Watch: amenities F, commute F, employment D-.
• Adams-Cheshire (rural): math 14% / reading 31% proficiency, ranked #285 of 302 in MA (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Hoosac Valley Elementary School (math 27% / reading 42%, grade F, #577 of 938 statewide, top 65%, 374 students, 0% FRL); Hoosac Valley Middle School (math 8% / reading 28%, grade F, #264 of 305 statewide, top 87%, 288 students, 0% FRL); Hoosac Valley High School (math 22% / reading 37%, grade F, #270 of 343 statewide, top 80%, 324 students, 0% FRL) — zoned schools average 0% FRL vs 36% district-wide (36 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 62 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 130 units permitted in Berkshire County in 2024 (10 in 5+ unit buildings).

Forward outlook

• In year one you build about $13k of equity ($1k loan paydown + $12k appreciation (6.7% local appreciation)).
• Berkshire County population projected at -24% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (6.7% appreciation + 3.0% rent growth), your $50k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 7y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $35k; list at $180k implies a 414% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo; built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $179,900

Questions for the listing agent

1. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
6. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
7. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.00% ✓
• Cap rate: 7.73%
• Cash-on-cash: 5.15%
• DSCR: 1.23
• GRM: 8.3

CMA / ARV

• ARV (median comp): $221,721
• List price: $179,900
• Delta: -18.86%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
18 Crotteau	0.10mi	4/1.5	1,569 (-4%)	11mo	$175,000	$112	80
24 Turners Ave	0.27mi	3/2.0 (-1)	1,572 (-4%)	8mo	$378,000	$240	68
109 N Summer St	0.26mi	3/1.5 (-1)	1,541 (-6%)	9mo	$193,000	$125	66
27 2nd St	0.68mi	4/1.5	1,678 (+3%)	5mo	$247,000	$147	59
16 Pine St	0.18mi	3/2.0 (-1)	1,844 (+13%)	5mo	$252,000	$137	58
141 Friend St	0.38mi	3/2.0 (-1)	1,545 (-5%)	14mo	$239,900	$155	55
16 Haggerty St	0.50mi	3/1.5 (-1)	1,736 (+6%)	9mo	$259,000	$149	53
246 1/2 Columbia St	0.64mi	4/2.0	1,542 (-5%)	10mo	$275,000	$178	51
1 Godek St	0.42mi	3/1.0 (-1)	1,400 (-14%)	3mo	$209,900	$150	47
11 Melrose St	0.65mi	4/2.5	1,832 (+12%)	2mo	$145,000	$79	43
13 Grant St	0.54mi	3/2.0 (-1)	1,785 (+10%)	12mo	$380,000	$213	42
15 Randall St	0.73mi	3/2.0 (-1)	1,700 (+4%)	12mo	$299,900	$176	41

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

6.66% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 20.0%
• Equity multiple: 2.38×
• Total profit: $69,377
• Equity at exit: $120,720

10-year hold

• IRR: 19.0%
• Equity multiple: 4.86×
• Total profit: $194,535
• Equity at exit: $225,825

Cash invested: $50,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 20 Strongly Tenant-Friendly
• State Massachusetts: 20 Strongly Tenant-Friendly · D+15
• County: — inherits STATE
• City: — inherits STATE

Cambridge / Boston historically rent-controlled (preempted 1994 but consideration ongoing); strong tenant protections; court backlogs.

Methodology + full state rankings →

ZIP-level market 01220

• Home prices YoY: 2.3%
• Active inventory: 62
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,800 medium
• Mortgage (P&I): −$943
• Tax from tax record: −$188 /mo · $2,250/yr
• Insurance: −$75
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$378
• Net cashflow: $161

Break-even live

Break-even rent $1,597

Max offer price $179,900

Occupancy floor 86%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $44,975
• Closing costs: $5,397
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
98 Columbia St Adams, MA	4.0	1.5	1300	$1,800	$1.38	43d	1	0.07mi

Listing history 4 events

1. 2026-05-12
   listed $179,900 Active 453-char remark
2. 2019-12-23
   soldstatus $35,000 487-char remark

   Show marketing remark (487 chars)

   Wonderful opportunity to own this spacious home with river frontage and just steps to 11-mile bike/walking trail - The Ashuwillticook Rail Trail. Close to shopping & easy access to Route 8. If you need public bus service, only 2 minute walk away. Relaxing river & mountain views. Needs complete rehab but for the price could make someone a great downtown home! Price includes an extra lot across street that borders bike trail... would be great for extra off street parking!

3. 2019-12-23
   soldstatus $35,000

   Show marketing remark (487 chars)

   Wonderful opportunity to own this spacious home with river frontage and just steps to 11-mile bike/walking trail - The Ashuwillticook Rail Trail. Close to shopping & easy access to Route 8. If you need public bus service, only 2 minute walk away. Relaxing river & mountain views. Needs complete rehab but for the price could make someone a great downtown home! Price includes an extra lot across street that borders bike trail... would be great for extra off street parking!

4. 2019-06-19
   listed $39,900 487-char remark

   Show marketing remark (487 chars)

   Wonderful opportunity to own this spacious home with river frontage and just steps to 11-mile bike/walking trail - The Ashuwillticook Rail Trail. Close to shopping & easy access to Route 8. If you need public bus service, only 2 minute walk away. Relaxing river & mountain views. Needs complete rehab but for the price could make someone a great downtown home! Price includes an extra lot across street that borders bike trail... would be great for extra off street parking!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MA · Partial reset (capped growth)

• Current annual tax: $2,250 · $188/mo
• Projected year-2 tax: $2,250 · $188/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone X · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 3/10 Moderate 8 d/yr ≥90°F today · 18 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 9% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,600
• − Mortgage interest: −$10,077
• − Property taxes: −$2,250
• − Insurance: −$1,566
• − Repairs & maintenance: −$1,728
• − Management: −$1,728
• − Depreciation: −$5,233
• Taxable loss: −$983
• Est. tax savings @ 24.0%: +$236
• After-tax cash flow: $2,163/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Adams-Cheshire
• NCES district ID: 2501780
• Math proficiency: 14% ▼ -13.00%
• Reading proficiency: 31% ▼ -4.00%
• Median HH income: $45,956
• Composite: 19.53/100
• National rank: #8765
• State rank: #285 of 302 in MA

Livability — Adams

• Score: 71/100
• State rank: #131
• US rank: #7262

Category grades

Amenities F Commute F Cost of living A- Crime B- Employment D- Housing A Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Adams, MA
• City population: 8,106
• Population (ZIP): 8,106

Population outlook (Berkshire County) Hauer SSP2

• Today (2025): 119,723 people
• By 2030: 114,608 · -4.3%
• By 2040: 102,806 · -14.1%
• By 2050: 91,305 · -23.7%
• By 2075: 71,517 · -40.3%
• By 2100: 57,988 · -51.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Romanian 18% Lithuanian 16% Slovak 1%
• Foreign-born: 2% · Vietnam
• Languages at home: 96% English-only · Spanish 2% Russian/Polish/Slavic 2% Vietnamese 1%

Political lean MEDSL · Berkshire

• 2024 margin: Solid D (+39.9) · D 68.9% · R 29.0% · Other 2.1%
• 2008→2024 swing: -12.5pp toward R · 2008: 52.4pp · 2024: 39.9pp
• All cycles: 2024: D+39.9 2020: D+47.1 2016: D+41.5 2012: D+53.7 2008: D+52.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 6.66%
• Current HPI: 295.6616
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.28%
• F500 in state: 38

Industry mix (Fortune 500 HQ in MA)

Industry	F500 HQs	Revenue
▸Technology	3	$17B
▸Insurance	2	$84B
▸Retail	2	$76B
▸Life Sciences	1	$43B
▸Energy Technology	1	$31B
▸Aerospace / Defense	1	$18B

Price history

+350.9% since first listed

5 events — show timeline

• 2026-05-27 Pending — BCMLS
• 2026-05-12 Listed $179,900 BCMLS
• 2019-12-23 Sold (Public Records) $35,000 Public Records
• 2019-12-23 Sold (MLS) $35,000 BCMLS
• 2019-06-19 Listed $39,900 BCMLS

Property tax history

-0.0%/yr

Latest (2023): $2,250 · +2.6% YoY. Source: county tax records.