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

Melrose, MA has a median modeled monthly cash flow of $-2,797 and a median cap rate of 2.3%, on a median sold price of $925,000. Prices changed -1.0% year over year.

What is the average cap rate in Melrose, MA?

The median cap rate across recently sold homes in Melrose, MA is 2.3%, 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 $475 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

$475Median $/sqft

2.3%Median cap rate

$-2,797Modeled cash flow / mo

-1.0%Appreciation YoY

5.7Months of supply

131Active listings

275Sold (last 12 mo)

What the Melrose numbers say

In Melrose, MA, the median home sold for $925,000 (about $475 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-2,797 of monthly cash flow. Sold prices moved -1.0% over the past year. Inventory sits at about 5.7 months of supply. 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.