
1255 Adams St #WM205 Boston — Photo 1 of 37
$750,000
Investment Analysis — 1255 Adams St #WM205
Boston, MA 02124 — Dorchester's Lower Mills
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02124 carries an estimated $2,160/mo in gross rent — about a 0.44% cap rate and $3,299/yr in estimated NOI at the $750,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1.5
SqFt
1,276
Style
Condominium
Built
1900
Rarely available loft unit in the sought-after Water Mill building at Baker Square Condominiums in Lower Mills. This spectacular top-floor unit features beautiful details throughout, with 80 feet of river frontage, multiple eleven-foot wide arched windows, and soaring twelve foot ceilings that frame sweeping views of the Neponset River from the kitchen, dining room, living room and bedroom. This sun-drenched home blends historical character with modern luxury: exposed brick and beams, central A/C and in-unit laundry. The cook's kitchen features high-end stainless steel appliances, quartz counters and a beautiful tile backsplash.The seller has made thoughtful upgrades throughout, including a custom California Closets entertainment center and two bedroom closet systems, custom shades in the living and dining areas, and a fully refaced kitchen with new pullouts, recessed lighting, a pendant fixture and tile backsplash. Both bathrooms have been freshly painted with new lighting, mirrors, faucets and hardware, and a new heat pump was added to the dining room in 2025 for enhanced comfort and efficiency. Additional touches include upgraded track and pendant lighting, floating shelving throughout, and a custom kitchen/coat closet system.Association amenities include an elevator, fitness center, indoor pool, hot tub, pet play area, bike storage and a riverside patio with gas grills. Professionally managed. Includes one deeded parking space and extra storage. Ideally located in the heart of Lower Mills, just steps from beloved local spots in both Milton and Dorchester like Steel & Rye, Yellow Door, Two Pence, The Bowery and the Lower Mills Tavern. Enjoy easy access to the Neponset River Walkway-Bikeway, public transportation and major highways — putting the best of this vibrant, walkable neighborhood right at your doorstep.
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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Listing Agent: Mackinnon & Co
Listing Office: Compass
MLS® Number: 73570802
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