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

Melrose, MA has a median modeled monthly cash flow of $-2,506 and a median cap rate of 2.5%, on a median sold price of $925,000. Prices changed +1.3% year over year.

What is the average cap rate in Melrose, MA?

The median cap rate across recently sold homes in Melrose, MA is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Melrose, MA?

The median sold price in Melrose, MA is $925,000 (about $482 per square foot).

Investing in Melrose, MA Real Estate

A data-driven snapshot of the Melrose, 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.

$925,000Median sold price

$482Median $/sqft

2.5%Median cap rate

$-2,506Modeled cash flow / mo

+1.3%Appreciation YoY

7.8Months of supply

176Active listings

271Sold (last 12 mo)

What the Melrose numbers say

In Melrose, MA, the median home sold for $925,000 (about $482 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-2,506 of monthly cash flow. Sold prices moved +1.3% over the past year. Inventory sits at about 7.8 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 Melrose cash-flowing listings

CashFlowRE ranks every for-sale home in Melrose, 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 Melrose deals, or browse the national market data.