Real Estate Investing in Harwich, Massachusetts (02645)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02645 (Harwich, MA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 29.9% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 26.2 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Harwich, MA (02645)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02645 Harwich
The 02645 ZIP in Harwich, MA is a local-operator market. Outside capital chasing a $773K entry has to pair deep knowledge with the discount.
The 02645 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Harwich have seen price recovery that 02645 has not matched. Barnstable County data supports the view that the spread is structural rather than temporary.
Resident income in 02645 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 02645 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Harwich:
Property Strategy for 02645
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $470,620 | $2,080 | 3.2% | +8.3% | $470,620 |
| 2BR | $587,352 | $2,730 | 3.3% | +9.7% | $293,676 |
| 3BR | $748,246 | $3,360 | 3.2% | +10.0% | $249,415 |
| 4BR | $970,717 | $3,860 | 2.9% | +10.6% | $242,679 |
| 5BR | $1,187,310 | — | — | +10.5% | $237,462 |
Market Trends
Home Value History (with trend line)
📊 How Does 02645 Compare?
| Metric | 02645 | Harwich | Barnstable Town, MA | Massachusetts |
|---|---|---|---|---|
| Home Value | $773,299 | $773,299 | N/A | $645,115 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 7.0% |
| Avg Rent | $2,457 | $2,457 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
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 02645 (Harwich, MA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 02645 (Harwich, MA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $773,299 |
| Monthly Rent | $2,457 |
| Price-to-Rent | 26.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (2.5%). 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 02645
Population: 11,060
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 02645
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 515 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is it like being a landlord in Harwich, MA?
MA law tenant-protective for landlords, and Harwich inherits those rules. Investors should still review local ordinances for rental licensing.
How does Harwich, MA stack up for property investment?
Yes - Harwich, MA a 3.0/5 investability score. With $773K home prices against $2,457/mo monthly rent, the market delivers a reasonable entry point for new investors.
What is the typical renter like in Harwich, MA?
Harwich, MA offers a reliable renter base at the $2,457/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is house hacking profitable in Harwich, MA?
House hacking in Harwich, MA is reasonable to execute. Prices around $773K and rents of $2,457/mo solid owner-occupant economics.
How much does a house cost in Harwich, MA?
In Harwich, MA the median home value sits at $773K. Against the broader MA market, that reads as reasonable for most investors.
You know 02645 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02645 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 02645 ranks in Barnstable Town, MA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 02645 (Harwich)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 02645 (Harwich, MA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.