Real Estate Investing in Newton, Massachusetts (02466)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02466 (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 33.5 — hard to cash-flow at these prices.
What’s happening in Newton, MA (02466)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02466 Newton
ZIP 02466 in Newton, MA carries a notable set of headwinds. Home values near $1.4M and rents of $3,549/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $1.4M asset, 02466 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Newton have seen price recovery that 02466 has not matched. Middlesex County data supports the view that the spread is structural rather than temporary.
A sturdy renter share of 46% in 02466 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Newton's stable or hybrid ZIPs before stepping into 02466. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Newton:
Property Strategy for 02466
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $819,960 | $3,240 | 2.8% | +5.9% | $409,980 |
| 3BR | $1,194,152 | $3,880 | 2.3% | +6.0% | $398,051 |
| 4BR | $1,562,205 | $4,290 | 2.0% | +6.4% | $390,551 |
| 5BR | $1,956,887 | — | — | +6.2% | $391,377 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 02466 Compare?
| Metric | 02466 | Newton | Massachusetts |
|---|---|---|---|
| Home Value | $1,425,034 | $1,491,074 | $645,115 |
| 5-Year CAGR | 5.5% | 5.8% | 7.0% |
| Avg Rent | $3,549 | $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 02466 (Newton, MA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 02466 (Newton, 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 | $1,425,034 |
| Monthly Rent | $3,549 |
| Price-to-Rent | 33.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 1.9% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +6.0% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 Rent Trends
| 1-Year | +4.8% ▲ |
| 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 02466
Population: 8,553
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 02466
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
A E Angier
Countryside
Franklin
Henry Whittemore Elementary School
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
How expensive is real estate in Newton, MA?
Homes in Newton, MA typically sell near $1.4M. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.
Is the tenant base reliable in Newton, MA?
Newton, MA offers a stable renter base at the $3,549/mo rent level. Tenant turnover is reasonable for well-managed properties.
What is the typical rental rate in Newton, MA?
Rent in Newton, MA is around $3,549/mo. The resulting rent-to-value relationship with $1.4M pricing is reasonable for most investor models.
Is Newton, MA a friendly market for rental owners?
Newton, MA operates under MA law, which is tenant-protective overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
Do landlords face vacancy issues in Newton, MA?
Occupancy in Newton, MA runs predictable with elevated vacancy. Well-priced units at $3,549/mo lease on reasonable timelines.
You know 02466 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02466 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 02466 ranks in Boston-Cambridge-Newton, MA-NH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 02466 (Newton)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 02466 (Newton, MA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.