Real Estate Investing in Grafton, Massachusetts (01536)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01536 (Grafton, 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.
What’s happening in Grafton, MA (01536)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 01536 Grafton
ZIP 01536 inside Worcester County looks affordable on the surface — median value of $579K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 01536 is durable only for operators who understand what they are buying. A $579K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within MA, ZIP 01536 trails on several market indicators that neighboring Worcester County submarkets outperform. The gap is real and healthy enough to shape underwriting.
Demographically, 01536 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.
New investors are better served looking at Grafton's stable or hybrid ZIPs before stepping into 01536. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Grafton:
Property Strategy for 01536
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $453,978 | $2,060 | 3.3% | +8.8% | $226,989 |
| 3BR | $540,712 | $2,550 | 3.4% | +8.3% | $180,237 |
| 4BR | $825,255 | $2,830 | 2.5% | +8.3% | $206,314 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 01536 Compare?
| Metric | 01536 | Grafton | Worcester, MA-CT | Massachusetts |
|---|---|---|---|---|
| Home Value | $579,464 | $620,752 | N/A | $645,115 |
| 5-Year CAGR | 6.4% | 6.3% | N/A | 7.0% |
| Avg Rent | $2,550 | $2,341 | N/A | - |
| Cap Rate | 3.4% | 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 01536 (Grafton, 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 | $579,464 |
| Monthly Rent | $2,550 |
| Price-to-Rent | 18.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (3.4%). 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 01536
Population: 7,119
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 01536
Schools in This ZIP Code
Nearby Schools (4 more)
Schools in adjacent ZIP codes that may serve this area
Grafton Middle
Millbury Street Elementary School
North Street Elementary School
Grafton High School
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 monthly rent should investors expect in Grafton, MA?
Investors in Grafton, MA typically see rents near $2,550/mo per month against $579K home values - a solid setup for rental cash flow.
Does Grafton, MA favor landlords or tenants?
Landlord-friendliness in Grafton, MA is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is Grafton, MA a good market for buy-and-hold investors?
Yes - Grafton, MA a 3.0/5 investability score. With $579K home prices against $2,550/mo monthly rent, the market delivers a reasonable entry point for new investors.
Do landlords face vacancy issues in Grafton, MA?
Vacancy risk in Grafton, MA is elevated. That supports consistent cash flow for typical rental holds.
What is the best play in Grafton, MA?
In Grafton, MA the robust play is typically careful cash-flow rentals with hands-on management. The combination of $579K prices and $2,550/mo rents suits that approach.
You know 01536 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 01536 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 01536 ranks in Worcester, MA-CT
Every ZIP in this metro, ranked. Free.
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