Real Estate Investing in Georgetown, Massachusetts (01833)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01833 (Georgetown, 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 Georgetown, MA (01833)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 01833 Georgetown
The 01833 ZIP in Georgetown, MA is a local-operator market. Outside capital chasing a $794K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 01833 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Georgetown have seen price recovery that 01833 has not matched. Essex County data supports the view that the spread is structural rather than temporary.
A robust renter share of 18% in 01833 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 01833 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Georgetown:
Property Strategy for 01833
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $595,619 | $3,000 | 3.6% | +7.5% | $297,810 |
| 3BR | $687,647 | $3,600 | 3.8% | +7.4% | $229,216 |
| 4BR | $933,705 | $3,970 | 3.1% | +7.7% | $233,426 |
| 5BR | $993,085 | — | — | +7.7% | $198,617 |
Market Trends
Home Value History (with trend line)
📊 How Does 01833 Compare?
| Metric | 01833 | Georgetown | Massachusetts |
|---|---|---|---|
| Home Value | $794,295 | $794,295 | $645,115 |
| 5-Year CAGR | 5.7% | 5.7% | 7.0% |
| Avg Rent | $2,700 | $2,700 | - |
| Cap Rate | 2.7% | 2.7% | - |
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 01833 (Georgetown, MA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 01833 (Georgetown, MA)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Essex County
Manage rentals here? List your business →MRS Property Management offers full-service property management and tenant placement for apartments, houses, and commercial rentals across the North Shore area and Southern New Hampshire. summary from their website
CNR Property Management provides expert property management and maintenance solutions. summary from their website
This domain is for sale for $2,295 or monthly payments. 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 | $794,295 |
| Monthly Rent | $2,700 |
| Price-to-Rent | 24.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 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 (2.7%). 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 01833
Population: 8,380
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 01833
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Elmer S Bagnall
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 1,956 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do home prices stand in Georgetown, MA?
Georgetown, MA median home values land near $794K. That is reasonable territory for investors looking at $2,700/mo-per-month rentals.
What are vacancy rates like in Georgetown, MA?
Vacancy in Georgetown, MA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,700/mo.
Are renters plentiful in Georgetown, MA?
Georgetown, MA draws a even-keeled base of working renters. Demand at the $2,700/mo rent level is reasonable for standard single-family and small multi rentals.
Is Georgetown, MA landlord-friendly?
MA law tenant-protective for landlords, and Georgetown inherits those rules. Investors should still review local ordinances for rental licensing.
What investment strategy works best in Georgetown, MA?
Most investors in Georgetown, MA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 01833 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 01833 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 01833 ranks in Boston-Cambridge-Newton, MA-NH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 01833 (Georgetown)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 01833 (Georgetown, MA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.