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Holyoke 01040
188 Madison Ave
$302,500
● House - Off Market

188 Madison Ave

Holyoke, MA 01040
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,608 Ft²
$331,774
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

You know the saying location location location, Now is your opportunity to make this Spanish Colonial shine again. The side porch welcomes you into the double doored entry,. When you walk in you are greeted by the grand central staircase. To the left if the formal living room which leads to the large front sunroom, To the right is the dinging room with a swing door leading to pantry and kitchen. Don't forget the oh so perfectly 1920's half bath tucked under the staircase! Upstairs are 4 bedrooms, one leading to the second floor "sleeping porch". And a large full bath. Complete with second staircase, this home has an originally finished 3rd floor and bathroom (period and not updated). Nice size lot, gas heat and ready for your love! Contact me today for your private showing.
Unit Size
2,608 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$111
Property Type
House
Property Taxes
$571
HOA Dues
-
Year Built
1920

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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 years ago (MLSPIN #72837081)

Price History

Date / Event Date Event Price
Aug 11, 2021 Sold
Premium
Sold
May 24, 2021 Listed by Coldwell Banker Realty - Chicopee $289,900
Listed by Coldwell Banker Realty - Chicopee
May 14, 2021 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,336
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 18,083
  • Total Building Area: 2,608
  • Gross Building Area: 5,576
  • Building Area: 2,608
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,608
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000415
  • 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:0102 B:0000 L:38
  • Lot: 38
  • Municipality: HOLYOKE
  • Latitude: 42.22
  • Longitude: -72.6285

    Address

  • Full Address: 188 Madison Ave
  • Address - House Number: 188
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Holyoke
  • Carrier Code: C033
  • 4-Digit Zip Code: 2044
  • Zip Code: 01040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $618,900

    Appraisal Valuation

  • Standard Deviation: 0.1986
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 398,329
  • High Value: 477,443
  • Low Value: 319,216

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $329,900
  • Assessed Land Value: $77,700
  • Assessed Improvements Value: $252,200

    Sales

  • Current Sale Contract Date: May 13, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 33032
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:

$340,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2307 ft²

Average Home Age

98 years

Currently For Sale

62 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72837081

Frequently Asked Questions

When was property at 188 Madison Avenue built and last sold?
The property at 188 Madison Avenue was built in 1920 and last sold on May 13, 2021 for $180,000.
How much is this home worth?
The estimated value of the home located at 188 Madison Avenue is $300,380.
What are some comparable homes to 188 Madison Avenue?
There are currently no comparable homes to 188 Madison Avenue.
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