Is Essex, MA a good place to invest in rental property?

Essex, MA has a median modeled monthly cash flow of $-2,926 and a median cap rate of 2.0%, on a median sold price of $822,650. Prices changed +4.5% year over year.

What is the average cap rate in Essex, MA?

The median cap rate across recently sold homes in Essex, MA is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Essex, MA?

The median sold price in Essex, MA is $822,650 (about $469 per square foot).

Investing in Essex, MA Real Estate

A data-driven snapshot of the Essex, MA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$822,650Median sold price

$469Median $/sqft

2.0%Median cap rate

$-2,926Modeled cash flow / mo

+4.5%Appreciation YoY

10.1Months of supply

32Active listings

38Sold (last 12 mo)

What the Essex numbers say

In Essex, MA, the median home sold for $822,650 (about $469 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-2,926 of monthly cash flow. Sold prices moved +4.5% over the past year. Inventory sits at about 10.1 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Massachusetts markets to compare

See Essex cash-flowing listings

CashFlowRE ranks every for-sale home in Essex, MA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Essex deals, or browse the national market data.