Real Estate Investing in Forestdale, Massachusetts (02644)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02644 (Forestdale, 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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Forestdale, MA (02644)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02644 Forestdale
The 02644 ZIP covers a section of Forestdale that demands careful diligence. Prices near $647K look accessible, but the work to make a deal cash flow is real.
Rent of $2,268/mo on a $647K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 02644 sits below the stated 0.0% once reality is priced in.
ZIP 02644's metrics run below Barnstable County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 02644 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 02644 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 Forestdale:
Property Strategy for 02644
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $488,043 | $2,520 | 3.7% | +8.9% | $244,021 |
| 3BR | $629,825 | $3,110 | 3.6% | +9.5% | $209,942 |
| 4BR | $709,629 | $3,570 | 3.6% | +9.7% | $177,407 |
Market Trends
Home Value History (with trend line)
📊 How Does 02644 Compare?
| Metric | 02644 | Forestdale | Barnstable Town, MA | Massachusetts |
|---|---|---|---|---|
| Home Value | $646,929 | $646,929 | N/A | $645,115 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 7.0% |
| Avg Rent | $2,268 | $2,268 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
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 02644 (Forestdale, MA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $646,929 |
| Monthly Rent | $2,268 |
| Price-to-Rent | 23.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +3.4% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 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 (2.7%). 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 02644
Population: 3,618
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 02644
Schools in This ZIP Code
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 592 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What approach is best for Forestdale, MA real estate?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Forestdale, MA. The numbers - $647K homes against $2,268/mo rents - support that play.
Does Forestdale, MA favor landlords or tenants?
Forestdale, MA operates under MA law, which is tenant-protective overall for landlords. Expect steady treatment in typical lease and eviction cases.
What do rentals go for in Forestdale, MA?
Rental rates in Forestdale, MA average $2,268/mo. Tenant demand and $647K home values make the yield look reasonable by investor standards.
Do rentals sit vacant long in Forestdale, MA?
Rental vacancy in Forestdale, MA is elevated. Investors should budget normal turnover but not chronic empty units.
What is the renter demographic in Forestdale, MA?
Forestdale, MA offers a predictable renter base at the $2,268/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 02644 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02644 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 02644 ranks in Barnstable Town, MA
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