Real Estate Investing in Brookfield, Massachusetts (01506)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01506 (Brookfield, MA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
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 Brookfield, MA (01506)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 01506 Brookfield
Investors eyeing 01506 need to respect the fundamentals at play. Home values of $419K come alongside slower price movement and elevated management overhead.
For an experienced owner, 01506 can be a a credible choice for hunting ground — but the discount at $419K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 01506 among MA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 01506 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 01506 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Brookfield:
Property Strategy for 01506
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $328,348 | $1,670 | 3.7% | +6.6% | $164,174 |
| 3BR | $415,939 | $2,040 | 3.5% | +7.8% | $138,646 |
| 4BR | $467,352 | $2,250 | 3.5% | +7.0% | $116,838 |
Market Trends
Home Value History (with trend line)
📊 How Does 01506 Compare?
| Metric | 01506 | Brookfield | Worcester, MA-CT | Massachusetts |
|---|---|---|---|---|
| Home Value | $418,696 | $418,696 | N/A | $645,115 |
| 5-Year CAGR | 5.1% | 5.1% | N/A | 7.0% |
| Avg Rent | $1,503 | $1,503 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
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 01506 (Brookfield, 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 | $418,696 |
| Monthly Rent | $1,503 |
| Price-to-Rent | 23.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +3.8% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 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 (2.8%). 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 01506
Population: 3,442
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 01506
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
Frequently Asked Questions
What is the smart move for investors in Brookfield, MA?
A careful cash-flow rentals with hands-on management strategy Brookfield, MA best. The market produces reliable results for that approach at the $419K price point.
How landlord-friendly is Brookfield, MA?
MA ranks as a tenant-protective state for landlord-tenant law. Brookfield generally follows the statewide framework, so landlords face reasonable operating rules.
Are there empty rentals in Brookfield, MA?
Vacancy risk in Brookfield, MA is elevated. That supports stable cash flow for typical rental holds.
Does a duplex house hack pencil in Brookfield, MA?
House hacking in Brookfield, MA is reasonable to execute. Prices around $419K and rents of $1,503/mo solid owner-occupant economics.
How deep is the rental pool in Brookfield, MA?
Working renters make up the core of the Brookfield, MA tenant base. The pool is reasonable for investors targeting long-term holds.
You know 01506 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 01506 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 01506 ranks in Worcester, MA-CT
Every ZIP in this metro, ranked. Free.
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