Real Estate Investing in Holbrook, Massachusetts (02343)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02343 (Holbrook, 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 Holbrook, MA (02343)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02343 Holbrook
Not every below-median market is a bargain. Holbrook's 02343 ZIP reflects signals that favor experienced operators who can absorb the risk $569K pricing implies.
From an investor standpoint, the numbers look inviting — $569K purchase price, 0.0% nominal cap — the work to hit that pro forma in 02343 is substantial and deserves full respect.
In practical terms, 02343 offers a low basis, the region around Holbrook has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A healthy renter share of 21% in 02343 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 02343 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 Holbrook:
Property Strategy for 02343
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $457,330 | $2,560 | 4.0% | +6.6% | $228,665 |
| 3BR | $542,311 | $3,080 | 4.1% | +6.3% | $180,770 |
| 4BR | $621,294 | $3,390 | 3.9% | +6.2% | $155,323 |
| 5BR | $680,355 | — | — | +6.0% | $136,071 |
Market Trends
Home Value History (with trend line)
📊 How Does 02343 Compare?
| Metric | 02343 | Holbrook | Massachusetts |
|---|---|---|---|
| Home Value | $569,116 | $569,116 | $645,115 |
| 5-Year CAGR | 4.7% | 4.7% | 7.0% |
| Avg Rent | $2,304 | $2,304 | - |
| Cap Rate | 3.2% | 3.2% | - |
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 02343 (Holbrook, MA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $569,116 |
| Monthly Rent | $2,304 |
| Price-to-Rent | 20.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (3.2%). 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 02343
Population: 11,267
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 02343
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Avon Middle High School
Ralph D Butler
Thomas W. Hamilton Primary School
Ralph Talbot
Thomas V Nash
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 2,361 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are renters plentiful in Holbrook, MA?
Working renters make up the core of the Holbrook, MA tenant base. The pool is reasonable for investors targeting long-term holds.
How do experienced investors play Holbrook, MA?
The best-fit strategy in Holbrook, MA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How expensive is real estate in Holbrook, MA?
Median home price in Holbrook, MA is near $569K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
Do landlords face vacancy issues in Holbrook, MA?
Rental vacancy in Holbrook, MA is elevated. Investors should budget normal turnover but not chronic empty units.
Can I house hack in Holbrook, MA?
Holbrook, MA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $569K price point reasonable to enter.
You know 02343 now. You don’t know where it ranks.
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How 02343 ranks in Boston-Cambridge-Newton, MA-NH
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