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Holyoke 01040
16 Mayer Drive
$130,000
● House - Off Market

16 Mayer Drive

Holyoke, MA 01040
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,637 Ft²
$321,541
RealtyHop Estimate
129.84%
Since Dec 1, 2011
National-US
Primary Model

About This Property

Price reduced!!! and well under the most recent appraisal (March, 2011).  Walk into the most fabulous Kitchen and Family room with a beautiful stone fireplace and lovely hardwood floors!  This 3BR vinyl sided ranch with a large corner yard, newer pool, and garage has so much potential!  A little cosmetic work and this home will go a long way!  Minutes from the highway and Holyoke Mall.  All appliances, tools in basement and items and tools in garage negotiable.  Property is "AS IS".
Unit Size
1,637 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$85
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1955

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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: 4 months ago (MLSPIN #71168432)

Price History

Date / Event Date Event Price
Nov 18, 2011 Sold
Premium
Sold
Dec 6, 2010 Listed by The Real Estate Market Center $139,900
Listed by The Real Estate Market Center
Jun 29, 1992 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,637
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 14,635
  • Total Building Area: 2,046
  • Gross Building Area: 3,294
  • Building Area: 2,046
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,046
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000336
  • 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: 812101

Zoning

  • Zoning: R-1A

Geography

  • Parcel: HOLY M:0170 B:0000 L:26
  • Lot: 26
  • Municipality: HOLYOKE
  • Latitude: 42.1782
  • Longitude: -72.6493

    Address

  • Full Address: 16 Mayer Dr
  • Address - House Number: 16
  • Address - Street Name: Mayer
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Holyoke
  • Carrier Code: C015
  • 4-Digit Zip Code: 1411
  • Zip Code: 01040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $371,300

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 247,386
  • High Value: 291,561
  • Low Value: 203,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $197,900
  • Assessed Land Value: $69,500
  • Assessed Improvements Value: $128,400

    Sales

  • Current Sale Recording Date: Nov 18, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000006
  • Previous Sale Recording Date: Jun 29, 1992
  • Previous Sale Amount: $116,500
  • Previous Sale Document Type: 27
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

$186

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2307 ft²

Average Home Age

98.1 years

Currently For Sale

52 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

Unit for rent at 360 1/2 Tokeneke Rd, MA, 01040

$1,309 /mo

  • 2 Beds
  • 1 Bath
360 1/2 Tokeneke Rd, MA, 01040 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71168432

Frequently Asked Questions

When was property at 16 Mayer Drive built and last sold?
The property at 16 Mayer Drive was built in 1955 and last sold on Jan 1, 1970 for $130,000.
How much is this home worth?
The estimated value of the home located at 16 Mayer Drive is $149,768.
What are some comparable homes to 16 Mayer Drive?
There are currently no comparable homes to 16 Mayer Drive.
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