Real Estate Investing in Berkley, Massachusetts (02779)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02779 (Berkley, MA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
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 28.1 — 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 Berkley, MA (02779)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02779 Berkley
ZIP 02779 in Berkley, MA carries a robust set of headwinds. Home values near $640K and rents of $1,899/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 $640K asset, 02779 is the wrong submarket. If the plan prices in friction, the yield can still work.
In the broader MA picture, 02779 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
From a cash-flow lens, 6,789 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 02779 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 Berkley:
Property Strategy for 02779
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $496,704 | $2,110 | 3.1% | +7.2% | $248,352 |
| 3BR | $598,639 | $2,580 | 3.1% | +7.6% | $199,546 |
| 4BR | $715,517 | $2,920 | 2.9% | +7.6% | $178,879 |
Market Trends
Home Value History (with trend line)
📊 How Does 02779 Compare?
| Metric | 02779 | Berkley | Massachusetts |
|---|---|---|---|
| Home Value | $639,811 | $639,811 | $645,115 |
| 5-Year CAGR | 5.6% | 5.6% | 7.0% |
| Avg Rent | $1,899 | $1,899 | - |
| Cap Rate | 2.3% | 2.3% | - |
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 02779 (Berkley, MA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 02779 (Berkley, MA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $639,811 |
| Monthly Rent | $1,899 |
| Price-to-Rent | 28.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.3% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (2.3%). 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 02779
Population: 6,789
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 02779
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 2,866 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much rent can I charge in Berkley, MA?
Berkley, MA rentals go for roughly $1,899/mo a month. That puts gross yield in solid territory relative to $640K acquisition costs.
How do landlord-tenant laws work in Berkley, MA?
MA ranks as a tenant-protective state for landlord-tenant law. Berkley generally follows the statewide framework, so landlords face reasonable operating rules.
How does Berkley, MA rate as a rental market?
Berkley, MA scores 3.0/5 for investability. Home values sit at $640K and rents near $1,899/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Do landlords face vacancy issues in Berkley, MA?
Expect elevated vacancy in Berkley, MA. Rents at $1,899/mo are absorbed by the tenant base without meaningful lag.
What investment strategy works best in Berkley, MA?
Most investors in Berkley, MA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 02779 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02779 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 02779 ranks in Providence-Warwick, RI-MA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 02779 (Berkley)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 02779 (Berkley, MA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.