Real Estate Investing in Wellesley, Massachusetts (02482)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02482 (Wellesley, 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 34.9 — hard to cash-flow at these prices.
What’s happening in Wellesley, MA (02482)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02482 Wellesley
ZIP 02482 in Wellesley, MA carries a significant set of headwinds. Home values near $1.9M and rents of $4,432/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 $1.9M asset, 02482 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 02482's metrics run below Norfolk County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 02482 includes headwinds that any investor should price in. Income distribution skews lower than Wellesley averages, and tenant stability requires active management.
Strategically, 02482 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Wellesley:
Property Strategy for 02482
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $1,076,082 | $3,980 | 2.7% | +6.1% | $538,041 |
| 3BR | $1,421,653 | $4,770 | 2.4% | +7.6% | $473,884 |
| 4BR | $1,969,973 | $5,270 | 1.9% | +8.4% | $492,493 |
| 5BR | $2,653,436 | — | — | +8.1% | $530,687 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 02482 Compare?
| Metric | 02482 | Wellesley | Massachusetts |
|---|---|---|---|
| Home Value | $1,853,119 | $2,046,534 | $645,115 |
| 5-Year CAGR | 7.2% | 7.1% | 7.0% |
| Avg Rent | $4,432 | $4,137 | - |
| Cap Rate | 1.9% | 1.6% | - |
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 02482 (Wellesley, MA). Anonymous, moderated, never written by AI.
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Property managers serving Norfolk County
Manage rentals here? List your business →Old Colony Property Services is a condominium and HOA property management company serving the Old Colony area of Southeastern Massachusetts, including Canton, Easton, Brockton, and Bridgewater. summary from their website
Bellevue Property Management is a home rental and property management company servicing Boston Metrowest, including Newton, Needham, Wellesley, Weston, Wayland, Natick, and Holliston. summary from their website
The Triad Group is a real estate and development company specializing in taking development projects from vision to reality across the United States and globally. 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 | $1,853,119 |
| Monthly Rent | $4,432 |
| Price-to-Rent | 34.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.9% |
| Cap Rate | 1.9% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +5.7% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 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 02482
Population: 10,758
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 02482
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Lilja Elementary
Wilson Middle
J F Kennedy Middle School
Schofield
Wellesley 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 are rents in Wellesley, MA?
Investors in Wellesley, MA typically see rents near $4,432/mo per month against $1.9M home values - a solid setup for rental cash flow.
What is the typical home price in Wellesley, MA?
In Wellesley, MA the median home value sits at $1.9M. Against the broader MA market, that reads as reasonable for most investors.
What kind of market is Wellesley, MA for investors?
Our data puts Wellesley, MA at 3.0/5 for investability. Home prices of $1.9M and rents around $4,432/mo create a solid backdrop for investor activity.
Does house hacking make sense in Wellesley, MA?
House hacking in Wellesley, MA is reasonable to execute. Prices around $1.9M and rents of $4,432/mo solid owner-occupant economics.
How tight is the rental market in Wellesley, MA?
Wellesley, MA carries elevated vacancy risk. Expect steady absorption at market rents of $4,432/mo.
You know 02482 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02482 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 02482 ranks in Boston-Cambridge-Newton, MA-NH
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