Greater Boston-Zone 3 North-New Listing Carey Cap Rate Report 19-14
The Greater Boston North zone covering Everett, Malden and Medford continues to show promising above average residential investment property opportunities. A few of the listings in this weeks report came back on market with one of them near Tufts showing annual income estimate over $100k for 4 units and a 3 family in Everett with over a cap rate potential over 7 both being good opportunities to pursue.
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 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.