Research Outline

Property Market Analysis

Goals

To find comparable properties of equal size and value to a target property in 9 Calle Ponte Veccio Córcega (Rincon, Puerto Rico, US — 00677), that are 3-5 miles radius within Rincon and Stella, to see how much they are sold for and what they rent for (on Airbnb and on month-to-month basis).

Early Findings

  • Research through property listing sites, including Realtor, Point2Homes, and Zillow showed no listed property that completely meets the features of the target property in 9 Calle Ponte Veccio Córcega (Rincon, Puerto Rico, US — 00677).
  • On Realtor, a single family home located in 9 Calle Ponte Russo, Rincon, PR; built in 2006 with 3 beds, 3.5 baths, 2,200 sq ft, and 8,276 sq ft lot, sells at $359,000.
  • On Point2Homes, a single family property located in 2 BO. CRUCES CARR 414 KM 3.2 INT AGUADA, within 5 miles of Rincon and with features such as 2,172 Sq ft, 0.024 ac lot size, 3 bedrooms and bathrooms, and built in 2007, sells for $242,000.
  • On Zillow, a property — Penthouse Los Almendros with Ocean View, in Rincon, Rincon Municipality, PR 00677 — with features that include 2 bedrooms, 2 full baths, over 1640 sq ft of living space and has a bright, and open split floor plan, rents at $1,600 per month.
  • Generally, there appears to be not many properties that are listed for rent in Rincon and Stella, as most listed properties are for sale.

Suggested Industry

Your research manager recommends working with a
Generalist
Prepared By
Ezeonye J.
1154 assignments | 5.0