Real Estate Investing in Mashpee, Massachusetts (02649)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Barnstable County • Population: 15,234 • Data updated: September 2026

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Should you buy in 02649 (Mashpee, MA)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (45/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 34.8% of homes vacant — above national norms.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Mashpee, MA (02649)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $707,908
Avg Monthly Rent $2,500
1% Rule ✗ Does Not Meet
Median Income $90,465
% Renters 17.8%

Market Analysis: 02649 Mashpee

ZIP 02649 in Mashpee, MA carries a notable set of headwinds. Home values near $708K and rents of $2,500/mo sit inside a market where underwriting has to be tight.

Distressed markets are won on execution, not on spreadsheets. ZIP 02649 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Within MA, ZIP 02649 trails on several market indicators that neighboring Barnstable County submarkets outperform. The gap is real and significant enough to shape underwriting.

The 02649 ZIP's population of 15,234 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.

Strategically, 02649 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Mashpee:

C+ Average
Buy Confidence Score: 61/100
Affordability
5/25
Appreciation
22/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 7.8× the median income
Value Trend
Stable (+2.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,500/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Barnstable Town, MA Metro Area
Even conditions for buyers and sellers
48 days
Average time to sell
Average
7.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Barnstable Town, MA metro data
🏠

Property Strategy for 02649

Which property type performs best in this market?

Best for Cash Flow
2BR
3.2% cap rate
Best for Appreciation
5BR
+12.3% 5yr CAGR
Best Overall Value
3BR
$265,366/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $524,266 $1,880 2.6% +10.2% $524,266
2BR $562,388 $2,470 3.2% +9.2% $281,194
3BR $796,097 $3,040 2.7% +10.1% $265,366
4BR $1,082,251 $3,500 2.3% +11.2% $270,563
5BR $2,264,813 +12.3% $452,963

Market Trends

Home Value History (with trend line)

$747K$654K$561K$469K$376K$284KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

No data available

📊 How Does 02649 Compare?

Metric 02649 Mashpee Barnstable Town, MA Massachusetts
Home Value $707,908 $707,908 N/A $645,115
5-Year CAGR 5.4% 5.4% N/A 7.0%
Avg Rent $2,500 $2,500 N/A -
Cap Rate 2.8% 2.8% - -
💡 Why Invest in 02649? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 02649 (Mashpee, MA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.8%
Low
5yr Growth
+5.4%
Moderate

📉 Market Crash Risk Index

Based on Barnstable Town, MA metro

3/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
61%
Days Pending
1/2
48 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $707,908
Monthly Rent $2,500
Price-to-Rent 23.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.2%
Cap Rate 2.8%
5-Year IRR 8.1%

📈 Home Appreciation

1-Year +2.1% ▲
3-Year CAGR +2.3% ▲
5-Year CAGR +5.4% ▲
10-Year CAGR +6.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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.

Vacancy
34.8%
Elevated risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+5.4%
Stable
Eviction process: Slow Rent control: Moderate

Demographics in 02649

Population: 15,234

💰 Median Household Income
$90,465
This area
$90,465
State
$107,356
USA
$74,580
🏠 Renter Occupied
17.8%
This area
17.8%
State
28.1%
USA
34.0%
💼 Unemployment Rate
2.7%
This area
2.7%
State
-8.0%
USA
3.7%
🎓 College Educated
41.8%
This area
41.8%
State
32.1%
USA
33.7%
👤 Median Age
53.7 years
This area
53.7 years
State
22.8 years
USA
38.9 years
🏚️ Vacancy Rate
34.8%
This area
34.8%
State
13.6%
USA
10.5%
👥 Population by Ethnicity
White 87.6%
Other/Mixed 8.3%
Black/African American 2.5%
Hispanic/Latino 2.2%
Asian 1.7%
👶 Under 18
15.6%
This area
15.6%
USA
22.0%
👴 65 and Over
31.0%
This area
31.0%
USA
17.3%
📊 Poverty Rate
2.9%
This area
2.9%
USA
11.5%

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 02649

A+ Avg School Grade
3 Schools
10.9:1 Avg Class Size
$27,035 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Mashpee Middle-High School

📚 07 – 12 High School
👥
620 Students
👨‍🏫
9.7:1 Class Size
💰
$27,035 Per Student
A+ Excellent

Quashnet School

📚 03 – 06 School
👥
408 Students
👨‍🏫
10.7:1 Class Size
💰
$27,035 Per Student
A+ Excellent

Kenneth Coombs School

📚 Pre-K – 02 Elementary
👥
402 Students
👨‍🏫
12.2:1 Class Size
💰
$27,035 Per Student
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

3 Nearby 592 Off-Campus Students
C
Cape Cod Community College
2,604 students · 9.4 mi
C
Upper Cape Cod Regional Technical School
77 students · 9.9 mi
C+
Massachusetts Maritime Academy
1,362 students · 10.8 mi

Investor Insight: With 592 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What is the typical vacancy rate in Mashpee, MA?

Mashpee, MA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

Which investment style suits Mashpee, MA?

Investors usually favor careful cash-flow rentals with hands-on management in Mashpee, MA. With home values at $708K and rents near $2,500/mo, other strategies can work but produce consistent rather than outsized returns.

What is the typical rental rate in Mashpee, MA?

The typical rental in Mashpee, MA commands about $2,500/mo monthly. That rent profile consistent cash flow against the $708K purchase basis.

Does house hacking make sense in Mashpee, MA?

House hacking in Mashpee, MA is reasonable to execute. Prices around $708K and rents of $2,500/mo solid owner-occupant economics.

How does Mashpee, MA rate as a rental market?

Mashpee, MA scores 3.0/5 for investability. Home values sit at $708K and rents near $2,500/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

You know 02649 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 02649 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.

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How 02649 ranks in Barnstable Town, MA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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