You can pay rent of $1999/month or own for $2011/month! You Choose!
Thank you for visiting www.02186.com. As you know, this is a great
resource for Milton Massachusetts Real Estate and Community Information?
Milton was recently ranked as the 7th best town to live in across all of America by Money
Magazine. Can you imagine that we were bestowed such an honor? What a great
message this conveys about our community.
So, this led to me to look at opportunities which might exist. This morning I was looking
to see how much it would cost to rent a 3 bedroom house or an apartment in Milton.I looked into the MLS system which track all real estate for sale and rent in Milton, Mass.I executed a search and found that the least expensive 3 bedroom rental was $1999 per month.
I then looked to see how much least expensive 3 bedroom property for sale was. I found
a 3 bedroom single family for $260,000.
Based on this finding, I calculated how much a monthly payment @ 7% interest would be for
this property. It came out to about $2000 per month. So, my million dollar question for today
is “Why would you rent and not buy?”. I have included my sample calculation below.
If you want to see all the properties on the market in Milton, please click here
Michael Mahoney
REALTOR®
The NorthCompass Group | Guiding You Home
Keller Williams Realty
www.NorthCompass.com
617-648-3983
Some of my personal links for you to check out:
|
In the City of Boston |
Just outside the city… |
|
South End - www.livein02116.com |
Milton Real - www.02186.com |
Want to see a list of foreclosure properties or fixer uppers. Please visit www.thebostonreports.com
Get Your Property Value NOW @ www.YourEquityFinder.com
Filed under: Real Estate
