Real Estate Investing in Newton, Massachusetts (02461)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02461 (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.
- Elevated vacancy: 8.0% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 30.4 — hard to cash-flow at these prices.
What’s happening in Newton, MA (02461)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02461 Newton
Looking more closely, ZIP 02461 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $1.5M median. It rewards specialists, not generalists.
The investment case in 02461 is substantial only for operators who understand what they are buying. A $1.5M median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader MA picture, 02461 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A notable renter share of 23% in 02461 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 02461 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 02461
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $919,864 | $4,350 | 3.4% | +4.5% | $459,932 |
| 3BR | $1,277,439 | $5,220 | 2.9% | +6.6% | $425,813 |
| 4BR | $1,642,931 | $5,760 | 2.5% | +6.4% | $410,733 |
| 5BR | $2,085,596 | — | — | +6.9% | $417,119 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 02461 Compare?
| Metric | 02461 | Newton | Massachusetts |
|---|---|---|---|
| Home Value | $1,533,380 | $1,491,074 | $645,115 |
| 5-Year CAGR | 5.9% | 5.8% | 7.0% |
| Avg Rent | $4,207 | $3,765 | - |
| Cap Rate | 2.1% | 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 02461 (Newton, MA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 02461 (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 | $1,533,380 |
| Monthly Rent | $4,207 |
| Price-to-Rent | 30.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.1% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +4.8% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 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 (2.1%). 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 02461
Population: 6,717
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 02461
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
C C Burr
Charles E Brown Middle
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
How strong is Newton, MA for real estate investors?
Newton, MA rates 3.0/5 for investability. With median values at $1.5M and rents near $4,207/mo, the market offers reasonable fundamentals for rental investors.
What is the typical vacancy rate in Newton, MA?
Occupancy in Newton, MA runs measured with elevated vacancy. Well-priced units at $4,207/mo lease on reasonable timelines.
What is the average home sale price in Newton, MA?
Expect median prices around $1.5M in Newton, MA. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.
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 much is rent in Newton, MA?
Newton, MA rentals go for roughly $4,207/mo a month. That puts gross yield in solid territory relative to $1.5M acquisition costs.
You know 02461 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02461 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 02461 ranks in Boston-Cambridge-Newton, MA-NH
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