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

Northborough, MA has a median modeled monthly cash flow of $-2,484 and a median cap rate of 2.0%, on a median sold price of $680,000. Prices changed +0.7% year over year.

What is the average cap rate in Northborough, MA?

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

What is the median home price in Northborough, MA?

The median sold price in Northborough, MA is $680,000 (about $348 per square foot).

Investing in Northborough, MA Real Estate

A data-driven snapshot of the Northborough, 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.

$680,000Median sold price

$348Median $/sqft

2.0%Median cap rate

$-2,484Modeled cash flow / mo

+0.7%Appreciation YoY

6.6Months of supply

169Active listings

307Sold (last 12 mo)

What the Northborough numbers say

In Northborough, MA, the median home sold for $680,000 (about $348 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-2,484 of monthly cash flow. Sold prices moved +0.7% over the past year. Inventory sits at about 6.6 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 Northborough cash-flowing listings

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