Real Estate Investing in Hatfield, Massachusetts (01038)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01038 (Hatfield, MA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
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 Hatfield, MA (01038)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 01038 Hatfield
Not every below-median market is a bargain. Hatfield's 01038 ZIP comes in at signals that favor experienced operators who can absorb the risk $507K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $507K asset, 01038 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 01038's metrics run below Hampshire County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 01038 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategically, 01038 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Hatfield:
Property Strategy for 01038
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $404,871 | $2,320 | 4.1% | +7.3% | $202,436 |
| 3BR | $467,510 | $2,900 | 4.5% | +5.8% | $155,837 |
| 4BR | $589,142 | $3,130 | 3.8% | +6.1% | $147,286 |
Market Trends
Home Value History (with trend line)
📊 How Does 01038 Compare?
| Metric | 01038 | Hatfield | Springfield, MA | Massachusetts |
|---|---|---|---|---|
| Home Value | $507,219 | $507,219 | N/A | $645,115 |
| 5-Year CAGR | 4.9% | 4.9% | N/A | 7.0% |
| Avg Rent | $2,088 | $2,088 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
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 01038 (Hatfield, MA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 01038 (Hatfield, MA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $507,219 |
| Monthly Rent | $2,088 |
| Price-to-Rent | 20.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 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 (3.2%). 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 01038
Population: 2,534
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 01038
Schools in This ZIP Code
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
Hopkins Academy
Pioneer Valley Chinese Immersion Charter School
Hadley Elementary
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 1,822 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical home price in Hatfield, MA?
Typical homes in Hatfield, MA go for around $507K. The 5-year CAGR of 0.0% steady price movement.
Is house hacking profitable in Hatfield, MA?
Hatfield, MA offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,088/mo rent level.
Is Hatfield, MA a good market for buy-and-hold investors?
Yes - Hatfield, MA a 3.0/5 investability score. With $507K home prices against $2,088/mo monthly rent, the market delivers a reasonable entry point for new investors.
Where do rents currently stand in Hatfield, MA?
Average rent in Hatfield, MA is approximately $2,088/mo per month. Against $507K home values that yields a reasonable rent-to-price ratio.
What is the renter demographic in Hatfield, MA?
Working renters make up the core of the Hatfield, MA tenant base. The pool is reasonable for investors targeting long-term holds.
You know 01038 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 01038 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 01038 ranks in Springfield, MA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 01038 (Hatfield)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 01038 (Hatfield, MA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.