Real Estate Investing in West Boylston, Massachusetts (01583)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01583 (West Boylston, 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 West Boylston, MA (01583)?
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Market Analysis: 01583 West Boylston
Investors eyeing 01583 need to respect the fundamentals at play. Home values of $524K come alongside slower price movement and elevated management overhead.
For an experienced owner, 01583 can be a a credible choice for hunting ground — but the discount at $524K reflects genuine risk that outside investors often underestimate.
In the broader MA picture, 01583 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
In practical terms, 7,516 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in West Boylston:
Property Strategy for 01583
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $447,570 | $1,920 | 3.1% | +8.9% | $223,785 |
| 3BR | $493,614 | $2,380 | 3.5% | +7.7% | $164,538 |
| 4BR | $662,344 | $2,640 | 2.9% | +8.3% | $165,586 |
| 5BR | $722,551 | — | — | +8.8% | $144,510 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 01583 Compare?
| Metric | 01583 | West Boylston | Worcester, MA-CT | Massachusetts |
|---|---|---|---|---|
| Home Value | $523,992 | $523,992 | N/A | $645,115 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 7.0% |
| Avg Rent | $1,994 | $1,994 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
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 01583 (West Boylston, 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 | $523,992 |
| Monthly Rent | $1,994 |
| Price-to-Rent | 21.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 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 (3.0%). 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 01583
Population: 7,516
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 01583
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 2,266 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do home prices stand in West Boylston, MA?
The median home value in West Boylston, MA is roughly $524K. That puts it reasonable relative to the MA statewide average.
What is the renter demographic in West Boylston, MA?
Working renters make up the core of the West Boylston, MA tenant base. The pool is reasonable for investors targeting long-term holds.
Does West Boylston, MA make sense for an investment property?
West Boylston, MA scores 3.0/5 for investability. Home values sit at $524K and rents near $1,994/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How high is vacancy risk in West Boylston, MA?
Rental vacancy in West Boylston, MA is elevated. Investors should budget normal turnover but not chronic empty units.
How do experienced investors play West Boylston, MA?
A careful cash-flow rentals with hands-on management strategy West Boylston, MA best. The market produces predictable results for that approach at the $524K price point.
You know 01583 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 01583 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 01583 ranks in Worcester, MA-CT
Every ZIP in this metro, ranked. Free.
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