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

North Reading, MA has a median modeled monthly cash flow of $-3,290 and a median cap rate of 1.6%, on a median sold price of $775,150. Prices changed +3.6% year over year.

What is the average cap rate in North Reading, MA?

The median cap rate across recently sold homes in North Reading, MA is 1.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in North Reading, MA?

The median sold price in North Reading, MA is $775,150 (about $435 per square foot).

Investing in North Reading, MA Real Estate

A data-driven snapshot of the North Reading, 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.

$775,150Median sold price

$435Median $/sqft

1.6%Median cap rate

$-3,290Modeled cash flow / mo

+3.6%Appreciation YoY

8.8Months of supply

146Active listings

200Sold (last 12 mo)

What the North Reading numbers say

In North Reading, MA, the median home sold for $775,150 (about $435 per square foot), and the typical deal models out to a 1.6% cap rate with a median $-3,290 of monthly cash flow. Sold prices moved +3.6% over the past year. Inventory sits at about 8.8 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 North Reading cash-flowing listings

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