Four potential areas of real estate investment in Boston, USA

With the improvement of people's living standards, more and more people plan to immigrate to the United States. So what are the real estate investment potential areas in Boston? Next, let's look at four potential areas of real estate investment in Boston, USA. Welcome to reading.

Cambridge, Cambridge

Cambridge is home to two famous schools: Harvard and Massachusetts Institute of Technology (MIT). The city is named after Cambridge University in England. At that time, President Henry Deng Site of Harvard University, investor john harvard, teacher Nathaniel Eaton and then Governor john winthrop all graduated from Cambridge University in England, hence the name of the city.

Cambridge area not only has convenient transportation, but also has profound historical and cultural heritage. Because of the public primary and secondary schools, the housing prices in this area are generally not as fierce as those in Brooklyn in recent years, but they continue to rise and fall. The average selling price of apartments in this city in 20 15 years is 7 17569 USD. The average area is about 1 149 square feet (about 106 square meters).

Second, Newton Newton.

Newton is another good school district, close to the urban area, with perfect subway and bus facilities. There are two high schools in this city, one in the south and the other in the north. Newton South High, a high school in the south, ranks slightly higher than that in the north because there are more Asians. The whole city is divided into 13 areas, among which Newton center has the highest house price.

In 20 17, the average selling price of apartments in Newton was $678,365,438 +03, and the average area was 1 0,834 square feet (about 170 square meters). The average selling price of detached houses is $65,438+0,289,934, and the average housing area is about 3,265,438+02 square feet (about 298 square meters).

3. Boston's Back Bay and Beacon Hill

Boston's Back Bay and Beacon Hill are the financial district of Boston and the most prosperous and valuable land areas in downtown Boston. The average selling price of apartments in this area for 20 15 years is $65,438+0,462, 177, and the average area of apartments is about 1260 square feet (about 1 17 square meters), and the selling price per square foot is about $65,438. The average selling price of detached houses is 43258665438 USD +0, with an average area of 388 1. 15 feet (about 360 square meters), and the selling price per square foot is about 65438 USD +0.067 USD.

An apartment of about 600 square feet (about 55 square meters) in this area costs about $600,000 and the rent can reach $3,000 per month. The return on cash investment, excluding management fees, is about 5%, excluding the appreciation of land and real estate itself. Buying a house in Boston is a good choice.

Fourth, Brooklyn. Brooklyn

Brooklyn is the closest city to Boston and has the best public primary and secondary education. 1873, Boston tried to merge Brooklyn, but it was rejected. The city has not only convenient transportation, but also well-preserved green cultural landscape, which is a rare area in the urban area that retains the sense of city and country.

Brooklyn is a vibrant city, with more than 70% white and about 16% Asian. The apartments near the subway in this city have increased 100% in the past 3-4 years. In 20 15 years, the average area of apartments for sale is 1, 40 1 square foot (about 130 square meter), and the average selling price is about 805,010.