Real Estate Investing in Petersham, Massachusetts (01366)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01366 (Petersham, MA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.9% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 26.0 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Petersham, MA (01366)?
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Market Analysis: 01366 Petersham
The 01366 ZIP in Petersham, MA is a local-operator market. Outside capital chasing a $488K entry has to pair deep knowledge with the discount.
Rent of $1,566/mo on a $488K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 01366 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Petersham have seen price recovery that 01366 has not matched. Worcester County data supports the view that the spread is structural rather than temporary.
Who lives in 01366 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. significant returns are possible in 01366, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Petersham:
Property Strategy for 01366
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $470,432 | $2,420 | 3.7% | +8.0% | $156,811 |
| 4BR | $519,852 | $2,920 | 4.0% | +6.7% | $129,963 |
Market Trends
Home Value History (with trend line)
📊 How Does 01366 Compare?
| Metric | 01366 | Petersham | Worcester, MA-CT | Massachusetts |
|---|---|---|---|---|
| Home Value | $487,876 | $487,876 | N/A | $645,115 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 7.0% |
| Avg Rent | $1,566 | $1,566 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
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 01366 (Petersham, MA). Anonymous, moderated, never written by AI.
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Property managers serving Worcester County
Manage rentals here? List your business →Ruane Property Management LLC offers commercial and residential property management services. summary from their website
AP Services MA offers services to build, manage, and maintain properties. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $487,876 |
| Monthly Rent | $1,566 |
| Price-to-Rent | 26.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +7.5% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 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 (2.5%). 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 01366
Population: 1,173
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 01366
Schools in This ZIP Code
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 1,076 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Petersham, MA stack up for property investment?
Our data puts Petersham, MA at 3.0/5 for investability. Home prices of $488K and rents around $1,566/mo create a solid backdrop for investor activity.
What is the typical vacancy rate in Petersham, MA?
Vacancy in Petersham, MA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,566/mo.
What is the average monthly rent in Petersham, MA?
Rents in Petersham, MA run near $1,566/mo. Compared with median home prices of $488K that produces solid gross yields for typical rentals.
What is the typical home price in Petersham, MA?
Typical homes in Petersham, MA go for around $488K. The 5-year CAGR of 0.0% stable price movement.
Is Petersham, MA better for rentals, flips, or BRRRR?
In Petersham, MA the notable play is typically careful cash-flow rentals with hands-on management. The combination of $488K prices and $1,566/mo rents suits that approach.
You know 01366 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 01366 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 01366 ranks in Worcester, MA-CT
Every ZIP in this metro, ranked. Free.
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