Home Buying in 01730>Question Details

Sidney Goehr…, Home Buyer in 45434

As a 2-officer AF couple, we're searching for an upper-end single family rental for a 4-5 year lease outside

Asked by Sidney Goehring, 45434 Tue Feb 19, 2008

Hanscom AFB while we rent out our OH home; we're not moving until Jun and would like to present the option as an investment opp to some homes for sale. What are options for this approach?

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15
Jack Holbrook’s answer
Hi Sidney,

There are some high end rentals in Lincoln, Concord and the immediate area. If you are hoping to rent under market value, properties that have been for sale for some time may be approachable. Most I live and work near the base -- if I can help please let me know.

Regards,
Jack
1 vote Thank Flag Link Fri Feb 22, 2008
Since you expect that your PCS move will be 4-5 years, you should at least consider buying if your finances permit. The first reply notwithstanding, a seller is not likely to see renting as a suitable alternative.
1 vote Thank Flag Link Tue Feb 19, 2008
The communities abutting Hanscom AFB are all in need of single family inventory. To compound the difficulty of your situation, new construction enjoys constant high demand in these communities. An isolated opportunity for a 4-5 year lease of an upper-end new/newer construction may be possible, however, developers are primarily interested in getting their investment out and working on their next profit making project. I am a Lexington agent and am only aware of one remote possibility that may fit the bill. Good luck!
0 votes Thank Flag Link Sat Feb 9, 2013
Mr Flori 617-257-5758 re: Concord Road,Bedford Rental
0 votes Thank Flag Link Fri Jan 7, 2011
I would be interested in speaking with you concerning a property I own at 245 Concord Rd accross from Hartwell. I would consider a rental. Four bedroom with two car heated garage. Please call me to discuss.

Thank you
Arthur Flori 617-257-575
0 votes Thank Flag Link Fri Jan 7, 2011
Hi Sidney, Thank you for your kind words. It all helps. I didn't know if we could leave phone numbers here but I guess we can. Mine is 781-275-6609. Sure, I can call you tomorrow. Is there any time that's better for you? If your husband is going to be in Boston this week and he wants to come over and look at the house, that would be fine with me. Talk to you soon. G'nite. Carol
0 votes Thank Flag Link Thu May 29, 2008
Carol, I'm so sorry for your loss. Thank you to you & your husband for the many years of military/community service you've given and obviously continue to exemplify for your children/grandchildren. Can you give us a call at 937-320-1234. My husband is working a quick TDY Sun/Mon through Boston, so hopefully we can chat tomorrow or Sat. Sincerely, Sidney
0 votes Thank Flag Link Thu May 29, 2008
Hi Sidney, The MLS is #70752007. We built this house and it incorporates all the features we liked from the 16 different houses we lived in during my husband's 21-year USAF career. We added over 2,000 sq ft to the existing house when we adopted our 2 granddaughters in 2004. He died in January so we're moving to Virginia to live with one of my daughters rather than my trying to raise the little gals by myself.
If you have any questions, I'll be happy to answer. Carol
0 votes Thank Flag Link Wed May 28, 2008
Peter -- thanks for the preview, but we're looking for a 2+ car garage, 4/3, combo -- think we've got one in Acton. Thanks anyway, SG
0 votes Thank Flag Link Wed May 28, 2008
Sidney,
Please check out MLS#70758348 A Single Family in Burlington,MA(Next Town over from Bedford). Reasonable Rent $1,900 Per Month. Long Term is Available.Please Call Me at 617-320-2322
If You Are Interested.Thank You,Peter
0 votes Thank Flag Link Wed May 28, 2008
Hi, Carol -- we've not finalized anything yet, so could you send me the MLS # to review the key specifics? I don't know how to engage you off-line from this public forum: pls advise so we could follow-up further. Thanks, Sidney
0 votes Thank Flag Link Tue May 27, 2008
I'm moving to Virginia the first week in July and my home in Bedford is for sale right now. If it doesn't sell by the end of June, I would consider renting it. Are you still looking for something?
Carol F.
0 votes Thank Flag Link Tue May 27, 2008
Hi Sidney,
here's a link to a local publication that list rentals
http://sob.re.adicio.com/properties/search/searchForm.php?qT…
Winchester is a great town..but not very many rentals now..found the following
WINCHESTER Walk to ctr & trains, 3BR, brick, deleaded, hdwd flrs, yrd, bsmnt, pkg. $2495 htd- 781-721-1122
The other place is the Boston Globe
http://www.boston.com/realestate/
Towns like Lexington, Woburn, Burlington will probably have more rentals than Lincoln, Bedford, Concord.
Craigs list may also have listings
Best of luck
Mary
0 votes Thank Flag Link Fri Feb 22, 2008
Hi Sidney,

I would agree that you might be better off to purchase something given that you know you will be stationed at Hanscom for 4-5 years. There is, however, the occasional "upper-end single family" rental. When they become available, they typically rent quickly. Since you are not moving out until June, I would recommend you start looking for rentals closer to that date (unless you are willing to pay rent for the months prior to your actual move.) I'd be glad to send you some representative listings so you can get a sense of what's available. Best wishes!

Judy
0 votes Thank Flag Link Wed Feb 20, 2008
You may want to contact some folks that are financilally in trouble. Pre- Foreclosure list, you might find a current homeowner that is in financial trouble that would be better off renting the property to you rather than letting the home go into foreclosure. May take some leg work but you might end up saving someone from foreclosure and getting yourself a decent rental.
0 votes Thank Flag Link Tue Feb 19, 2008
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