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Holyoke 01040
16 Laura Lane
$259,000
● House - Off Market

16 Laura Lane

Holyoke, MA 01040
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,996 Ft²
$274,180
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

This mid century modern brick ranch is awaiting your ideas to make it your own. In need of updating, this solidly built home is looking for a new owner. Unbeatable location in the Highlands makes this the winter project you have been looking for! A full inspection has been done so there will be no guessing what needs to be done. Large flat lot for simple maintenance, and room for a pool. Easy immediate occupancy - make your appointment today!
Unit Size
1,996 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$130
Property Type
House
Property Taxes
$419
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #73065077)

Price History

Date / Event Date Event Price
Jun 14, 2023 Sold
Premium
Sold
Jan 6, 2023 Sold
Premium
Sold
Dec 20, 2022 In contract -
In contract
Dec 14, 2022 Listed by The Murphys REALTORS®, Inc. $259,000
Listed by The Murphys REALTORS®, Inc.
Apr 16, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 8
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,996
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,106
  • Total Building Area: 1,996
  • Gross Building Area: 4,908
  • Building Area: 1,996
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,996
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Holyoke School District
  • School Tax School District: HOLYOKE SD
  • Census Tract: 811900

Zoning

  • Zoning: R-1

Geography

  • Parcel: HOLY M:0103 B:0000 L:1
  • Lot: 1
  • Municipality: HOLYOKE
  • Latitude: 42.2183
  • Longitude: -72.6301

    Address

  • Full Address: 16 Laura Ln
  • Address - House Number: 16
  • Address - Street Name: Laura
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Holyoke
  • Carrier Code: C033
  • 4-Digit Zip Code: 1904
  • Zip Code: 01040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $520,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1961
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 376,931
  • High Value: 450,861
  • Low Value: 303,001

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,600
  • Assessed Land Value: $76,900
  • Assessed Improvements Value: $200,700

    Sales

  • Current Sale Contract Date: Jun 14, 2023
  • Current Sale Recording Date: Jun 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27020
  • Previous Sale Recording Date: Jan 06, 2023
  • Previous Sale Contract Date: Jan 05, 2023
  • Previous Sale Amount: $259,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Holyoke

Stats & Trends

Median Asking:

$335,000

Sale Price/ft²

$185

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2229 ft²

Average Home Age

93.1 years

Currently For Sale

54 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73065077

Frequently Asked Questions

When was property at 16 Laura Lane built and last sold?
The property at 16 Laura Lane was built in 1954 and last sold on Jun 14, 2023 for $430,000.
How much is this home worth?
The estimated value of the home located at 16 Laura Lane is $265,598.
What are some comparable homes to 16 Laura Lane?
There are currently no comparable homes to 16 Laura Lane.
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