Real Estate Investing in Newton, Massachusetts (02460)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02460 (Newton, 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 34.2 — hard to cash-flow at these prices.
What’s happening in Newton, MA (02460)?
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Market Analysis: 02460 Newton
ZIP 02460 in Newton, MA carries a solid set of headwinds. Home values near $1.4M and rents of $3,372/mo sit inside a market where underwriting has to be tight.
The investment case in 02460 is healthy only for operators who understand what they are buying. A $1.4M median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 02460 among MA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 02460 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 02460 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 02460
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $783,851 | $3,390 | 3.1% | +5.3% | $391,926 |
| 3BR | $1,182,973 | $4,060 | 2.5% | +5.8% | $394,324 |
| 4BR | $1,533,479 | $4,490 | 2.1% | +5.9% | $383,370 |
| 5BR | $1,905,508 | — | — | +6.7% | $381,102 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 02460 Compare?
| Metric | 02460 | Newton | Massachusetts |
|---|---|---|---|
| Home Value | $1,383,777 | $1,491,074 | $645,115 |
| 5-Year CAGR | 5.3% | 5.8% | 7.0% |
| Avg Rent | $3,372 | $3,765 | - |
| Cap Rate | 1.9% | 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 02460 (Newton, MA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 02460 (Newton, MA)?
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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 | $1,383,777 |
| Monthly Rent | $3,372 |
| Price-to-Rent | 34.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.9% |
| Cap Rate | 1.9% |
| 5-Year IRR | 7.2% |
📈 Home Appreciation
| 1-Year | +6.6% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 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 (1.9%). 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 02460
Population: 10,033
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 02460
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
A E Angier
Bigelow Middle
Bowen
Brighton High School
C C Burr
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
What price range are homes in Newton, MA?
Median home price in Newton, MA is near $1.4M, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.
How strong are rents in Newton, MA?
Investors in Newton, MA typically see rents near $3,372/mo per month against $1.4M home values - a solid setup for rental cash flow.
What real estate strategy is ideal for Newton, MA?
For Newton, MA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Does Newton, MA favor landlords or tenants?
Rental owners in Newton, MA deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
How does Newton, MA stack up for property investment?
Newton, MA reports an investability rating of 3.0/5, with median home values near $1.4M and average rents around $3,372/mo. That combination puts it in the notable tier for investor interest.
You know 02460 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02460 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 02460 ranks in Boston-Cambridge-Newton, MA-NH
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