Real Estate Investing in Hull, Massachusetts (02045)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02045 (Hull, 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.
- High vacancy: 22.8% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Hull, MA (02045)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02045 Hull
The 02045 ZIP covers a section of Hull that demands careful diligence. Prices near $724K look accessible, but the work to make a deal cash flow is real.
The investment case in 02045 is healthy only for operators who understand what they are buying. A $724K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 02045's metrics run below Plymouth County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 02045 includes headwinds that any investor should price in. Income distribution skews lower than Hull averages, and tenant stability requires active management.
Strategically, 02045 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Hull:
Property Strategy for 02045
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $387,595 | $2,220 | 4.1% | +6.4% | $387,595 |
| 2BR | $535,773 | $2,640 | 3.5% | +6.6% | $267,887 |
| 3BR | $712,966 | $3,170 | 3.2% | +7.0% | $237,655 |
| 4BR | $813,918 | $3,500 | 3.1% | +7.5% | $203,480 |
| 5BR | $1,061,632 | — | — | +7.9% | $212,326 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 02045 Compare?
| Metric | 02045 | Hull | Massachusetts |
|---|---|---|---|
| Home Value | $723,544 | $723,544 | $645,115 |
| 5-Year CAGR | 5.0% | 5.0% | 7.0% |
| Avg Rent | $3,329 | $3,329 | - |
| Cap Rate | 3.6% | 3.6% | - |
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 02045 (Hull, MA). Anonymous, moderated, never written by AI.
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Property managers serving Plymouth County
Manage rentals here? List your business →Ahearn Realty Management is a management company for residential properties. summary from their website
KLV Property Management offers apartment living and commercial rentals south of Boston. summary from their website
Old Colony Property Services is a condominium and HOA property management company serving the Old Colony area of Southeastern Massachusetts, including Canton, Easton, Brockton, and Bridgewater. 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 | $723,544 |
| Monthly Rent | $3,329 |
| Price-to-Rent | 18.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 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 (3.6%). 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 02045
Population: 10,098
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 02045
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 2,184 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors worry about vacancy in Hull, MA?
Rental vacancy in Hull, MA is elevated. Investors should budget normal turnover but not chronic empty units.
What monthly rent should investors expect in Hull, MA?
Expect rents around $3,329/mo per month in Hull, MA. With home values at $724K, the yield math works out to reasonable levels for rental investors.
What kind of tenants rent in Hull, MA?
Expect a solid tenant pool in Hull, MA. The rental market absorbs $3,329/mo rents without meaningful friction.
Does Hull, MA favor landlords or tenants?
MA ranks as a tenant-protective state for landlord-tenant law. Hull generally follows the statewide framework, so landlords face reasonable operating rules.
What is the median home value in Hull, MA?
The median home value in Hull, MA is roughly $724K. That puts it reasonable relative to the MA statewide average.
You know 02045 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02045 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 02045 ranks in Boston-Cambridge-Newton, MA-NH
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