Real Estate Investing in Newton, Massachusetts (02459)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02459 (Newton, 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.
- High price-to-rent: Price-to-rent ratio 36.0 — hard to cash-flow at these prices.
What’s happening in Newton, MA (02459)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02459 Newton
ZIP 02459 inside Middlesex County looks affordable on the surface — median value of $1.9M — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 02459 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader MA picture, 02459 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
From a cash-flow lens, 18,604 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Experienced landlords with local relationships tend to find 02459 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Newton:
Property Strategy for 02459
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $524,934 | $2,890 | 4.0% | +1.6% | $524,934 |
| 2BR | $963,817 | $3,430 | 2.6% | +5.5% | $481,909 |
| 3BR | $1,492,519 | $4,110 | 2.0% | +8.3% | $497,506 |
| 4BR | $1,878,894 | $4,540 | 1.7% | +7.8% | $469,723 |
| 5BR | $2,504,412 | — | — | +7.4% | $500,882 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 02459 Compare?
| Metric | 02459 | Newton | Massachusetts |
|---|---|---|---|
| Home Value | $1,866,110 | $1,491,074 | $645,115 |
| 5-Year CAGR | 6.7% | 5.8% | 7.0% |
| Avg Rent | $4,315 | $3,765 | - |
| Cap Rate | 1.8% | 2.0% | - |
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 02459 (Newton, MA). Anonymous, moderated, never written by AI.
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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 | $1,866,110 |
| Monthly Rent | $4,315 |
| Price-to-Rent | 36.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.8% |
| Cap Rate | 1.8% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 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 (1.8%). 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 02459
Population: 18,604
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 02459
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
A E Angier
Bigelow Middle
Countryside
Franklin
Horace Mann
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 1,640 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Newton, MA suited for a house hack?
The a tougher house-hack environment in Newton, MA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Is it easy to find good tenants in Newton, MA?
Tenant demand in Newton, MA is solid. The local workforce $4,315/mo rents across most rental classes.
Should investors worry about vacancy in Newton, MA?
Vacancy in Newton, MA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $4,315/mo.
How much is rent in Newton, MA?
Rents in Newton, MA run near $4,315/mo. Compared with median home prices of $1.9M that produces solid gross yields for typical rentals.
Is Newton, MA a friendly market for rental owners?
Newton, MA falls under MA landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
You know 02459 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02459 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 02459 ranks in Boston-Cambridge-Newton, MA-NH
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