Quincy MA Real Estate Investment Scorecard

https://appliedbusinessforecasting.com/quincy-ma-real-estate-investment-scorecard/ As the price of real estate has soard all around Boston in the past decade, prices for homes for sale in Quincy have remained relatively reasonable. Out of the 48 neighborhoods in metro Boston, Quincy ranks in the top 10 most affordable for single family, condo, and multi family properties. Quincy’s market held strong during the pandemic as demand has risen for housing in suburban areas with easy access to the city. As a result, few neighborhoods have as much upside as Quincy in terms of investment properties. In this article, we’ll analyze the average cap rates and net operating income (NOI) that different types of properties would yield in Quincy. We’ll base these estimates on the current median sales price, homeowner’s insurance, property tax rate and average rent prices.

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