Greater Boston-Zone 5 South-New Listing Carey Cap Rate Report 19-31-32
Prices are starting to rise in the Greater Boston South zone for residential investment properties, but a few gems to pursue in these reports including a 12 unit asset in Neponset with $300k in annual income and a cap rate potential of 5 based on current rents along with a few three family properties with cap rate potential in the 6+ range.
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 please email me at mcarey@sennere.com or complete a contact me form at markccarey.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.