How much should a 1-car garage add to monthly rent payments?
I live in a suburb of Boston, MA. We would rent our 920 sq ft condo (2bed, 2bath) for approx. $1300. How much more should we charge since we have a 1-car garage?
Answers (2)
I would add an extra 50 to 100, its not like its Brookline! Is it near a commuter rail?Would the association allow you to rent the space indivigually?
FIRST ANSWER
Hello Joyamason- Assuming that $1300 is the going rate there without a garage, I would say add another $75 or maybe $100 per month. It also depends on if they already have saved/ protected lot parking or if they would be on the street fending for themselves.
Also- it depends on the town.
If I can be of any help, please let me know. Thanks,
Ken L.
Web Reference: http://www.mortgagemasterinc.com/LoanOfficers-detail.cf...
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Answered Thu Aug 27 2009, 13:45 by Kimberly Smith in Hudson
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