91 S Main St
Acushnet, MA 02743
PASS
Price
$250,000
Beds
1
Baths
1
Sq Ft
640
Year
1950
Days Listed
415
◆ Executive Summary
Overall: PASS — this property represents a classic failed flip attempt with catastrophic red flags that make it unsuitable for purchase at current pricing. One expert recommended further investigation, but the overwhelming consensus identified deal-breaking issues. The property sold for just $130,000 in August 2024 and was immediately relisted at $299,000 three months later—a shocking 130% markup with zero documented renovations or permits to justify the increase. After 415 days on market with repeated price cuts down to $250,000, this zombie listing still carries a 92% price premium over its recent purchase price, suggesting either serious hidden defects or pure speculation gone wrong.
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91 S Main St, Acushnet, MA, 02743 home PASS Catastrophic Price Explosion Red Flag Zombie Listing Alert Negative Cash Flow Nightmare Missing Critical System Information
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▲ Top Findings
Catastrophic Price Explosion Red Flag
Property sold for $130,000 in August 2024 and relisted just 3 months later at $299,000—a 130% markup with no disclosed renovations or permits. Current $250,000 ask still represents 92% appreciation in under a year.
Zombie Listing Alert×2
Been on market 415 days with multiple price cuts from $299K to $250K. This screams desperation and suggests serious underlying issues that aren't disclosed in photos or description.
Negative Cash Flow Nightmare
Rent of $2,107/month against $250K purchase generates terrible 1.01% rent-to-price ratio. With 25% down payment, monthly PITI would exceed rental income by hundreds.
Missing Critical System Information×2
No information provided about heating, cooling, electrical, plumbing, or foundation systems for this 76-year-old home. This lack of disclosure combined with 'as-is' condition is a major red flag for hidden costly repairs.
Massive Price Explosion Since Purchase
Property sold for $130,000 in August 2024 and immediately relisted for $299,000 in November 2024—a 130% markup in just 8 months. Research shows no permits or renovations to justify this dramatic price increase, suggesting speculative flipping.
Catastrophic Price Explosion Within Months
Property sold for $130,000 in August 2024 and listed for $299,000 just 3 months later - a 130% increase with no documented permits or renovations. This extreme flip pattern often triggers municipal scrutiny and suggests potential zoning violations or unpermitted work that could face enforcement action.
Massive Appreciation Since Purchase
Property sold for $130,000 in August 2024 and relisted at $299,000 just 3 months later - a 130% markup with no evidence of renovations. Now reduced to $250,000 but still represents 92% appreciation in under a year.
Severe Size-Value Mismatch
At 640 sq ft, this is essentially a cottage priced at $391/sq ft while area comps show larger homes (1,200-1,500 sq ft) selling for $275-$390/sq ft. Tiny footprint limits utility despite large lot.
Expert Panel (10/10)
Aggressive flip attempt after 92% price surge in 8 months creates major red flags despite conservation land proximity.
Catastrophic Price Explosion Red Flag
Property sold for $130,000 in August 2024 and relisted just 3 months later at $299,000—a 130% markup with no disclosed renovations or permits. Current $250,000 ask still represents 92% appreciation in under a year.
Zombie Listing Alert
Listed 415 days ago with multiple price cuts from $299,000 to $250,000. Extended market time suggests overpricing or underlying issues despite the unique conservation land adjacency.
Severe Size-Value Mismatch
At 640 sq ft, this is essentially a cottage priced at $391/sq ft while area comps show larger homes (1,200-1,500 sq ft) selling for $275-$390/sq ft. Tiny footprint limits utility despite large lot.
Missing Critical System Information
No data on heating, cooling, roof condition, foundation, or flooring despite being sold 'as-is' requiring renovation. Inspection report mentioned but system details absent for informed pricing.
Conservation Land Premium Questionable
While 30 acres of adjacent conservation land adds appeal, the $120,000 premium over purchase price seems excessive for a 76-year-old cottage requiring full renovation in an area with limited comparable sales.
Zombie flip attempt with 92% price explosion in 3 months screams investor desperation on tiny cottage with missing systems data.
Catastrophic Price Explosion Red Flag
Property sold for $130,000 in August 2024 and immediately relisted for $299,000 in November—a 130% markup in just 3 months. No permits or renovation evidence justify this massive jump. Classic flip-gone-wrong scenario.
Zombie Listing Alert
Been on market 415 days with multiple price cuts from $299K to $250K. This screams desperation and suggests serious underlying issues that aren't disclosed in photos or description.
Missing Critical System Information
Zero information on heating, cooling, electrical, plumbing, or foundation systems for a 76-year-old house sold 'as-is.' The seller mentions demolishing a garage and installing new septic, suggesting major infrastructure problems.
Terrible Square Footage Value
At 640 sq ft for $250K, you're paying $391/sq ft for what's essentially a cottage that needs major work. Comparable properties show much better value per square foot in the area.
As-Is Red Flag
Seller explicitly states 'as-is condition' and mentions providing home inspection results, which typically means they found problems they won't fix. Combined with garage demolition requirement, this suggests structural issues.
Catastrophic 92% price markup after just 3 months - classic flip nightmare with zombie listing pattern.
Catastrophic Price Explosion Red Flag
Property sold for $130,000 in Aug 2024, then listed for $299,000 in Nov 2024 - a stunning 130% markup after just 3 months. No permits or renovation evidence found to justify this massive increase.
Zombie Listing Alert
Property has been sitting for 415 days with multiple price cuts from $299K to $250K. Extended market time signals serious buyer resistance and potential fundamental issues.
Negative Cash Flow Nightmare
Rent of $2,107/month against $250K purchase generates terrible 1.01% rent-to-price ratio. With 25% down payment, monthly PITI would exceed rental income by hundreds.
Missing Critical System Information
Zero information on heating, cooling, electrical, plumbing, or structural systems for a 76-year-old property sold 'as-is'. Home inspection mentioned but details not disclosed.
Terrible Estimated Cap Rate
Estimated cap rate of approximately 4.1% assuming 30% expense ratio. For a fixer-upper requiring significant investment, this return is completely inadequate for the risk profile.
A potential fix-and-flip gone wrong with massive price inflation after a suspiciously low purchase just months ago.
Catastrophic Price Explosion Red Flag
Property sold for $130,000 in August 2024 and is now listed for $250,000 - a 92% markup in just 8 months. With no permits or documented renovations, this suggests a failed flip attempt with artificial pricing inflation.
Zombie Listing Alert
Listed for 415 days with multiple price cuts from $299K down to $250K. This extended market time suggests serious buyer resistance, likely due to overpricing or property condition issues.
Missing Critical System Information
No information provided about heating, cooling, electrical, plumbing, or foundation systems for this 76-year-old home. This lack of disclosure combined with 'as-is' condition is a major red flag for hidden costly repairs.
Inadequate Living Space for Most Buyers
At only 640 sq ft with 1 bedroom and 1 bathroom, this property severely limits your future resale market. Most families need more space, making this a risky investment even at the right price.
Conservation Land Restrictions Risk
While the large lot and conservation adjacency sound nice, deed restrictions and easements can limit your property rights and future development options. The listing mentions 'land management easement information' - review this carefully.
A 92% price flip in 8 months with mystery renovations, zombie listing status, and missing critical system data screams major red flags.
Catastrophic Price Explosion Red Flag
Property sold for $130,000 in August 2024 and relisted for $299,000 just 3 months later—a 130% markup with zero documented permits or renovations. Now sitting at $250,000 after price cuts, this represents a 92% flip attempt with no credible justification.
Zombie Listing Alert
Listed 415 days on Zillow with multiple price cuts from $299K to $249.9K to current $250K suggests serious marketability issues. The property has been rejected by the market repeatedly despite price reductions.
Missing Critical System Information
Zero data on HVAC, electrical, plumbing, foundation type, or roof condition for a 1950 home. Given the era, expect knob-and-tube wiring, galvanized pipes, oil heat, and potential lead paint/asbestos—all requiring immediate inspection and likely costly updates.
As-Is Sale with Home Inspection Red Flag
Seller providing home inspection while selling 'as-is' suggests known defects they won't fix. Combined with garage demolition and septic replacement requirements, this indicates substantial hidden issues beyond disclosed work.
1950s Era Construction Concerns
Built in 1950, this property virtually guarantees lead paint, possible asbestos in tiles/insulation, likely knob-and-tube electrical, galvanized water lines, and cast iron sewer. Environmental remediation and system replacements could easily exceed $50K.
Undersized Living Space Risk
At 640 sq ft for 1BR/1BA, this is extremely small even for a cottage. The $391/sq ft pricing seems inflated given the size constraints and 415-day market rejection, suggesting overpricing despite cuts.
Questionable flip with 92% markup in 8 months plus red flags around septic, garage demo, and 415 days on market.
Massive Price Explosion Since Purchase
Property sold for $130,000 in August 2024 and immediately relisted for $299,000 in November 2024—a 130% markup in just 8 months. Research shows no permits or renovations to justify this dramatic price increase, suggesting speculative flipping.
Zombie Listing Alert
Listed 415 days ago with multiple price cuts from $299k to current $250k, indicating market rejection. Only 50 saves against 1,706 views shows weak buyer interest despite price reductions.
Major Infrastructure Red Flags
Seller must demolish garage and install new septic system before closing—both expensive infrastructure items typically signaling serious property issues. As-is condition sale with provided inspection suggests known problems.
Missing Critical System Information
Listing lacks basic details on heating, cooling, roof condition, foundation type, and flooring—essential for evaluating renovation costs and habitability of this 76-year-old property.
Tiny Living Space Challenge
At only 640 square feet with 1 bed/1 bath, this severely limits appeal to most buyers and rental potential, despite the large 15,900 sq ft lot which may offer development opportunities.
Massive price spike after recent sale creates major regulatory and zoning red flags requiring immediate investigation.
Catastrophic Price Explosion Within Months
Property sold for $130,000 in August 2024 and listed for $299,000 just 3 months later - a 130% increase with no documented permits or renovations. This extreme flip pattern often triggers municipal scrutiny and suggests potential zoning violations or unpermitted work that could face enforcement action.
Conservation Land Adjacency Restrictions
Property abuts 30 acres of deed-restricted conservation land with proposed additional restrictions. This creates significant development limitations and potential future regulatory constraints on property modifications, additions, or commercial use that could severely impact resale value.
As-Is Sale with Septic System Replacement Required
Seller must install new septic system and demolish existing garage before closing, indicating current septic failure. Failed septic systems often signal broader infrastructure issues and potential regulatory violations that municipalities aggressively enforce with fines and construction moratoria.
Zombie Listing Pattern with Multiple Price Cuts
Listed 415 days ago with four price reductions totaling $49,000, indicating serious marketability issues. Extended market time often reflects hidden regulatory problems, zoning non-compliance, or title issues that sophisticated buyers have identified and avoided.
92% price surge in 8 months plus missing systems data creates major insurance red flags for 74-year-old property.
Catastrophic Price Explosion Red Flag
Property sold for $130,000 in August 2024 and relisted at $299,000 just 3 months later - a 130% increase with no permit history or renovation evidence. Current asking price of $250,000 still represents 92% appreciation in 8 months.
Missing Critical System Information
Complete absence of heating, cooling, electrical, plumbing, roof, and foundation data for a 1950-built property creates major underwriting blind spots. Age suggests likely outdated systems requiring replacement.
Zombie Listing Alert
Property has been on market for 415 days with multiple price cuts from $299K to $250K, suggesting fundamental issues or overpricing. Extended marketing period indicates buyer resistance.
As-Is Condition Risk
Seller explicitly states as-is condition and mentions garage demolition and septic replacement required before closing. These disclosures suggest additional hidden system problems requiring expensive repairs.
Coastal Wind/Weather Exposure
Massachusetts coastal location near Fairhaven creates elevated wind, storm, and potential flood exposure. Property is 3/10 to 1/2 mile from waterfront features, increasing weather-related claim risks.
Fixer-upper on conservation land showing suspicious rapid price appreciation after recent sale.
Massive Appreciation Since Purchase
Property sold for $130,000 in August 2024 and relisted at $299,000 just 3 months later - a 130% markup with no evidence of renovations. Now reduced to $250,000 but still represents 92% appreciation in under a year.
Zombie Listing Alert
Listed for 415 days with multiple price cuts from $299,000 to $250,000. High view count (1,706) but low saves (50) suggests buyer interest drops after inspection or research.
Missing Critical System Information
No data on heating, cooling, roof condition, foundation, or flooring for a 1950 property being sold as-is. Seller providing home inspection suggests known issues requiring disclosure.
Conservation Land Adjacent Benefits
Property abuts 30 acres of deed-restricted conservation land, providing permanent open space and potential privacy. However, this may also limit future development or expansion options.
Stale flip attempt with massive price markup sits unsold for over a year near conservation land.
Zombie Listing Alert
Property has been on market for 415 days with multiple price cuts from $299K to $250K. This extended marketing period suggests serious buyer resistance or overpricing issues.
Massive Appreciation Since Purchase
Property sold for $130K in August 2024, now listed at $250K - a 92% markup in just 3 months. With no permits or renovation evidence, this appears to be a speculative flip attempt.
Missing Critical System Information
No data available on heating, cooling, roof, foundation, or other critical systems. The 'as-is' condition and provided inspection suggest potential issues requiring investigation.
Conservation Land Adjacency Benefits
Property abuts 30 acres of deed-restricted conservation land, providing permanent open space and potential privacy. This is a genuine amenity that supports some price premium over typical lots.
Tiny Living Space Challenge
At 640 square feet with only 1 bedroom/1 bath, this severely limits the buyer pool and resale potential. Most families and many individuals need more space than this cottage provides.