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

Wakefield, MA has a median modeled monthly cash flow of $-2,419 and a median cap rate of 2.5%, on a median sold price of $799,450. Prices changed -3.2% year over year.

What is the average cap rate in Wakefield, MA?

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

What is the median home price in Wakefield, MA?

The median sold price in Wakefield, MA is $799,450 (about $444 per square foot).

Investing in Wakefield, MA Real Estate

A data-driven snapshot of the Wakefield, 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.

$799,450Median sold price

$444Median $/sqft

2.5%Median cap rate

$-2,419Modeled cash flow / mo

-3.2%Appreciation YoY

6.4Months of supply

152Active listings

286Sold (last 12 mo)

What the Wakefield numbers say

In Wakefield, MA, the median home sold for $799,450 (about $444 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-2,419 of monthly cash flow. Sold prices moved -3.2% over the past year. Inventory sits at about 6.4 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 Wakefield cash-flowing listings

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