Real Estate Investing in East Longmeadow, Massachusetts (01028)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01028 (East Longmeadow, MA)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in East Longmeadow, MA (01028)?
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Market Analysis: 01028 East Longmeadow
Not every below-median market is a bargain. East Longmeadow's 01028 ZIP shows signals that favor experienced operators who can absorb the risk $434K pricing implies.
Put differently, the numbers look inviting — $434K purchase price, 0.0% nominal cap — the work to hit that pro forma in 01028 is substantial and deserves full respect.
ZIP 01028's metrics run below Hampden County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 01028 includes headwinds that any investor should price in. Income distribution skews lower than East Longmeadow averages, and tenant stability requires active management.
The 01028 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in East Longmeadow:
Property Strategy for 01028
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $332,797 | $1,800 | 3.9% | +6.8% | $166,398 |
| 3BR | $381,385 | $2,210 | 4.2% | +6.7% | $127,128 |
| 4BR | $486,547 | $2,380 | 3.5% | +7.2% | $121,637 |
| 5BR | $610,463 | — | — | +7.3% | $122,093 |
Market Trends
Home Value History (with trend line)
📊 How Does 01028 Compare?
| Metric | 01028 | East Longmeadow | Springfield, MA | Massachusetts |
|---|---|---|---|---|
| Home Value | $434,139 | $434,139 | N/A | $645,115 |
| 5-Year CAGR | 5.6% | 5.6% | N/A | 7.0% |
| Avg Rent | $1,620 | $1,620 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 01028 (East Longmeadow, MA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $434,139 |
| Monthly Rent | $1,620 |
| Price-to-Rent | 22.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +6.6% ▲ |
| 3-Year CAGR | +5.0% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 01028
Population: 16,283
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 01028
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Frederick Harris
Arthur T Talmadge
Daniel B Brunton
Kiley Academy
Kiley Prep
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 766 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is tenant demand in East Longmeadow, MA?
East Longmeadow, MA draws a consistent base of working renters. Demand at the $1,620/mo rent level is reasonable for standard single-family and small multi rentals.
Is East Longmeadow, MA a good place for real estate investing?
Yes - East Longmeadow, MA a 3.0/5 investability score. With $434K home prices against $1,620/mo monthly rent, the market delivers a reasonable entry point for new investors.
How expensive is real estate in East Longmeadow, MA?
Median home price in East Longmeadow, MA is near $434K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.
Is East Longmeadow, MA landlord-friendly?
MA law tenant-protective for landlords, and East Longmeadow inherits those rules. Investors should still review local ordinances for rental licensing.
How tight is the rental market in East Longmeadow, MA?
East Longmeadow, MA carries elevated vacancy risk. Expect measured absorption at market rents of $1,620/mo.
You know 01028 now. You don’t know where it ranks.
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How 01028 ranks in Springfield, MA
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