Real Estate Investing in Everett, Massachusetts (02149)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02149 (Everett, 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.
What’s happening in Everett, MA (02149)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02149 Everett
The 02149 ZIP in Everett, MA is a local-operator market. Outside capital chasing a $641K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 02149 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within MA, ZIP 02149 trails on several market indicators that neighboring Middlesex County submarkets outperform. The gap is real and durable enough to shape underwriting.
Employment concentration in 02149 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategy in 02149 is an operator game, not a passive one. From an investor standpoint, entry prices of $641K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Everett:
Property Strategy for 02149
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $307,383 | $2,320 | 5.4% | +5.1% | $307,383 |
| 2BR | $496,443 | $2,760 | 4.0% | +5.4% | $248,221 |
| 3BR | $650,178 | $3,310 | 3.7% | +4.9% | $216,726 |
| 4BR | $709,461 | $3,650 | 3.7% | +5.0% | $177,365 |
| 5BR | $782,839 | — | — | +5.0% | $156,568 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 02149 Compare?
| Metric | 02149 | Everett | Massachusetts |
|---|---|---|---|
| Home Value | $640,595 | $640,595 | $645,115 |
| 5-Year CAGR | 3.9% | 3.9% | 7.0% |
| Avg Rent | $2,787 | $2,787 | - |
| Cap Rate | 3.4% | 3.4% | - |
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 02149 (Everett, MA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 02149 (Everett, MA)?
~25 seconds · no account needed · your report is anonymous
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
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
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
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 | $640,595 |
| Monthly Rent | $2,787 |
| Price-to-Rent | 19.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | +1.4% ▲ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | +4.4% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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.
Demographics in 02149
Population: 49,236
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 02149
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 3,776 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of vacancy should I budget for in Everett, MA?
Occupancy in Everett, MA runs consistent with elevated vacancy. Well-priced units at $2,787/mo lease on reasonable timelines.
How strong is tenant demand in Everett, MA?
Everett, MA draws a even-keeled base of working renters. Demand at the $2,787/mo rent level is reasonable for standard single-family and small multi rentals.
Are eviction rules reasonable in Everett, MA?
Everett, MA falls under MA landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
What is the average monthly rent in Everett, MA?
Expect rents around $2,787/mo per month in Everett, MA. With home values at $641K, the yield math works out to reasonable levels for rental investors.
Can I house hack in Everett, MA?
Everett, MA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $641K price point reasonable to enter.
You know 02149 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02149 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 02149 ranks in Boston-Cambridge-Newton, MA-NH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 02149 (Everett)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 02149 (Everett, MA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.