Greater Boston-Zone 4 West-New Listing Carey Cap Rate Report 18-08-09
Investors seeking opportunity in the Greater Boston West zone will need to be patient with most new listings showing cap rates below 4. A couple of two families in these reports in Newton Highlands and Moody St Waltham are a bit better in the mid 4 to high 4 range and a four unit building in Mount Auburn Watertown under renovation ready to complete.
Many of these properties have been inspected but the information provided in the report as well as the income/expenses used to calculate the ratings are based on estimates, therefore many assumptions have been made about each of the properties that would require a property visit and/or further research and due diligence before relying on this information to formulate an offer.
For more detailed information about any specific property simply email me at mcarey@sennere.com or complete a contact me form at www.careycap.com/contact/ and provide the report # and property number with your request for a detailed report and if you want to schedule a property visit then also provide your availability for showing times.