Real Estate Investing in Hopkinton, Massachusetts (01748)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Middlesex County • Population: 19,050 • Data updated: September 2026

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Should you buy in 01748 (Hopkinton, MA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
  • High price-to-rent: Price-to-rent ratio 26.7 — hard to cash-flow at these prices.

What’s happening in Hopkinton, MA (01748)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $976,221
Avg Monthly Rent $3,047
1% Rule ✗ Does Not Meet
Median Income $191,439
% Renters 12.9%

Market Analysis: 01748 Hopkinton

ZIP 01748 in Hopkinton, MA carries a robust set of headwinds. Home values near $976K and rents of $3,047/mo sit inside a market where underwriting has to be tight.

For an experienced owner, 01748 can be a a viable market for hunting ground — but the discount at $976K reflects genuine risk that outside investors often underestimate.

ZIP 01748's metrics run below Middlesex County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

The 01748 ZIP's population of 19,050 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.

Distressed ZIPs reward experience. resilient returns are possible in 01748, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Hopkinton:

C+ Average
Buy Confidence Score: 66/100
Affordability
10/25
Appreciation
22/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.1× the median income
Value Trend
Rising (+5.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $3,047/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 01748

Which property type performs best in this market?

Best for Cash Flow
3BR
3.6% cap rate
Best for Appreciation
2BR
+8.8% 5yr CAGR
Best Overall Value
3BR
$259,704/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $755,193 $3,220 3.1% +8.8% $377,596
3BR $779,111 $3,860 3.6% +7.6% $259,704
4BR $1,139,161 $4,260 2.7% +8.3% $284,790
5BR $1,360,726 +8.5% $272,145

Market Trends

Home Value History (with trend line)

$1.0M$897K$771K$646K$520K$394KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$3,086$2,989$2,891$2,794$2,696$2,598Jan 2025Oct 2025Jul 2026

📊 How Does 01748 Compare?

Metric 01748 Hopkinton Massachusetts
Home Value $976,221 $976,221 $645,115
5-Year CAGR 6.2% 6.2% 7.0%
Avg Rent $3,047 $3,047 -
Cap Rate 2.4% 2.4% -
💡 Why Invest in 01748? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 01748 (Hopkinton, MA). Anonymous, moderated, never written by AI.

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Property managers serving Middlesex County

Manage rentals here? List your business →

Green Ocean Property Management offers investment property management and condo association management services in Boston and surrounding areas like Allston, Brighton, Cambridge, and Quincy. summary from their website

HOA
Unclaimed — is this your business? Claim it free

McDonough Property Management offers full-service property management and HOA management in the Greater Boston Area, covering maintenance, inspections, legal compliance, and communication. summary from their website

HOA
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New England Property Management & Maintenance offers property management for multi/single-family homes, apartments, rental properties, and condo associations in Brookline, MA and Cambridge, MA. summary from their website

Single-familySmall multifamilyHOA
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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
2.4%
Low
5yr Growth
+6.2%
Strong

📊 Market Snapshot

Home Value $976,221
Monthly Rent $3,047
Price-to-Rent 26.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.8%
Cap Rate 2.4%
5-Year IRR 8.6%

📈 Home Appreciation

1-Year +5.4% ▲
3-Year CAGR +4.8% ▲
5-Year CAGR +6.2% ▲
10-Year CAGR +6.0% ▲

🏠 Rent Trends

1-Year +10.2% ▲
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.4%). 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.

Vacancy
4.8%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+6.2%
Growing
Eviction process: Slow Rent control: Moderate

Demographics in 01748

Population: 19,050

💰 Median Household Income
$191,439
This area
$191,439
State
$107,356
USA
$74,580
🏠 Renter Occupied
12.9%
This area
12.9%
State
28.1%
USA
34.0%
💼 Unemployment Rate
1.6%
This area
1.6%
State
-8.0%
USA
3.7%
🎓 College Educated
75.2%
This area
75.2%
State
32.1%
USA
33.7%
👤 Median Age
41.9 years
This area
41.9 years
State
22.8 years
USA
38.9 years
🏚️ Vacancy Rate
4.8%
This area
4.8%
State
13.6%
USA
10.5%
👥 Population by Ethnicity
White 76.0%
Asian 16.4%
Other/Mixed 6.9%
Hispanic/Latino 3.5%
Black/African American 0.8%
👶 Under 18
27.8%
This area
27.8%
USA
22.0%
👴 65 and Over
13.1%
This area
13.1%
USA
17.3%
📊 Poverty Rate
3.1%
This area
3.1%
USA
11.5%

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 01748

A+ Avg School Grade
6 Schools
14.5:1 Avg Class Size
$20,711 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Elmwood

📚 02 – 03 Elementary
👥
639 Students
👨‍🏫
14.9:1 Class Size
💰
$20,711 Per Student
A+ Excellent

Hopkins Elementary School

📚 04 – 05 Elementary
👥
677 Students
👨‍🏫
14.6:1 Class Size
💰
$20,711 Per Student
A+ Excellent

Marathon Elementary School

📚 K – 01 Elementary
👥
574 Students
👨‍🏫
13.6:1 Class Size
💰
$20,711 Per Student
A+ Excellent

Hopkinton Middle School

📚 06 – 08 Middle
👥
960 Students
👨‍🏫
14.0:1 Class Size
💰
$20,711 Per Student
A Very Good

Hopkinton High

📚 09 – 12 High School
👥
1,241 Students
👨‍🏫
14.5:1 Class Size
💰
$20,711 Per Student
B+ Above Average

Hopkinton Pre-School

📚 Grade PK Elementary
👥
96 Students
👨‍🏫
15.2:1 Class Size
💰
$20,711 Per Student
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

8 Nearby 156 Off-Campus Students
D
Blackstone Valley Vocational Regional School District
40 students · 5.9 mi
C
Spa Tech Institute-Westboro
194 students · 6.5 mi
C+
Framingham State University
4,028 students · 7.1 mi
C
Assabet Valley Regional Technical School
48 students · 9.9 mi
C+
Tri County Regional Vocational Technical High School
64 students · 10.8 mi
C
University of Massachusetts Chan Medical School
1,394 students · 12.0 mi
C
Dean College
1,151 students · 12.0 mi
C
Bancroft School of Massage Therapy
51 students · 12.7 mi

Frequently Asked Questions

Does Hopkinton, MA make sense for an investment property?

Investors tracking Hopkinton, MA will find a 3.0/5 rating supported by $976K median home values and $3,047/mo rents. That profile suits long-term holders targeting measured returns.

What approach is best for Hopkinton, MA real estate?

In Hopkinton, MA the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $976K prices and $3,047/mo rents suits that approach.

Are rents high in Hopkinton, MA?

Investors in Hopkinton, MA typically see rents near $3,047/mo per month against $976K home values - a solid setup for rental cash flow.

Can I house hack in Hopkinton, MA?

The a challenging house-hack environment in Hopkinton, MA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

Is Hopkinton, MA good for landlords?

Landlord-friendliness in Hopkinton, MA is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.

You know 01748 now. You don’t know where it ranks.

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How 01748 ranks in Boston-Cambridge-Newton, MA-NH

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