This condo in Greenwich sold for $1.650 million in 2007 and now, after 700 DOM and dropping its price to $1.290, has a contract.
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How much would this rent for? Could someone make an adequate return (at least 10%) buying at this level and then renting? I would say no since the rent would have to be >$13k to make that happen.
They might make $13K – haven’t seen it yet, though.
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How much would this rent for? Could someone make an adequate return (at least 10%) buying at this level and then renting? I would say no since the rent would have to be >$13k to make that happen.
They might make $13K – haven’t seen it yet, though.