Real Estate Investing in Hamilton, Massachusetts (01982)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01982 (Hamilton, MA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
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.
- High price-to-rent: Price-to-rent ratio 32.4 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hamilton, MA (01982)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 01982 Hamilton
Not every below-median market is a bargain. Hamilton's 01982 ZIP reports signals that favor experienced operators who can absorb the risk $895K pricing implies.
Rent of $2,304/mo on a $895K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 01982 sits below the stated 0.0% once reality is priced in.
The gap between 01982 and stronger Hamilton ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 01982 ZIP's population of 7,646 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
Strategy in 01982 is an operator game, not a passive one. Turning to rents, entry prices of $895K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Hamilton:
Property Strategy for 01982
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $612,539 | $2,560 | 3.0% | +6.9% | $306,270 |
| 3BR | $783,372 | $3,080 | 2.8% | +6.5% | $261,124 |
| 4BR | $1,062,382 | $3,390 | 2.3% | +7.3% | $265,596 |
| 5BR | $1,546,170 | — | — | +7.6% | $309,234 |
Market Trends
Home Value History (with trend line)
📊 How Does 01982 Compare?
| Metric | 01982 | Hamilton | Massachusetts |
|---|---|---|---|
| Home Value | $894,548 | $894,548 | $645,115 |
| 5-Year CAGR | 4.9% | 4.9% | 7.0% |
| Avg Rent | $2,304 | $2,304 | - |
| Cap Rate | 2.0% | 2.0% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 01982 (Hamilton, MA). Anonymous, moderated, never written by AI.
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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 | $894,548 |
| Monthly Rent | $2,304 |
| Price-to-Rent | 32.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.1% |
| Cap Rate | 2.0% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | +4.0% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 (2.0%). 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 01982
Population: 7,646
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 01982
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Bessie Buker Elementary
About Repit School Scores
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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 3,301 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do rents currently stand in Hamilton, MA?
Investors in Hamilton, MA typically see rents near $2,304/mo per month against $895K home values - a solid setup for rental cash flow.
What investment strategy works best in Hamilton, MA?
Most investors in Hamilton, 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.
Can owner-occupants cash flow in Hamilton, MA?
Hamilton, MA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $895K price point reasonable to enter.
Is Hamilton, MA good for landlords?
Hamilton, MA falls under MA landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
What is the typical home price in Hamilton, MA?
In Hamilton, MA the median home value sits at $895K. Against the broader MA market, that reads as reasonable for most investors.
You know 01982 now. You don’t know where it ranks.
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How 01982 ranks in Boston-Cambridge-Newton, MA-NH
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