For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
Check Availability
Holyoke 01040
2 Drake Lane
Photo of 2 Drake Lane

27

Map

Photo of 2 Drake Lane
Photo of 2 Drake Lane
$395,000
● House - In Contract

2 Drake Lane

Holyoke, MA 01040
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,480 Ft²
$2,424
Est. Monthly

About This Property

A great home with a wonderful floor plan this ranch has it all, easy one- level living with 3 bedrooms, 2 full baths, and a 2 car garage first floor laundry. Beautiful hardwood floors throughout, spacious living/dining room combo w/fireplace offers plenty of room  for gathering you could  be in to enjoy  the Holidays .Spacious kitchen with stainless steel appliances, granite counters eat in kitchen, adjoining lovely sunroom with built in shelving overlooking the fenced  back yard. Deck, shed ,gas heat and hot water. Open house 12-2 Saturday 9/19, 2026 and Sunday 9/20  11:30-1:00
Unit Size
1,480 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$267
Property Type
House
Property Taxes
$484
HOA Dues
-
Year Built
1960

Listed By

Luiza Berman
Park Square Realty

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 7 days ago (MLSPIN #73578345)

Price History

Date / Event Date Event Price
Sep 24, 2026 In contract -
In contract
Sep 16, 2026 Listed by Park Square Realty $395,000
Listed by Park Square Realty
May 17, 2012 Sold
Premium
Sold
Apr 2, 2012 Listed by Park Square Realty $229,900
Listed by Park Square Realty
May 31, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage Door Opener, Paved
Garage Spaces: 2
Open Parking Spaces: 4
Interior Details
Full Bathrooms: 2
Appliances: Gas Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
Flooring Type: Vinyl, Carpet, Hardwood
Laundry Features: Electric Dryer Hookup, First Floor
Rooms: 6
Has Fireplace
Fireplaces: 1
Basement: Full
Exterior Details
Square Footage: 1480
Security Features: Security System
Architectural Style: Ranch
Year Built Source: Public Records
Year Built: 1960
Building Area Total: 1480
Building Area Units: Square Feet
Construction Materials: Frame, Brick
Patio and Porch Features: Deck
Lot Features: Corner Lot
Lot Size Area: 0.45
Lot Size Units: Acres
Lot Size Acres: 0.45
Lot Size Square Feet: 19419
Water Source: Public
Financial Details
Tax Assessed Value: $332,500
Tax Annual Amount: $5,805
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Natural Gas
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 7
  • Basement Area: 1,480
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 19,419
  • Total Building Area: 1,480
  • Gross Building Area: 3,944
  • Building Area: 1,480
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,480
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000446
  • 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:0140 B:0000 L:27
  • Lot: 27
  • Municipality: HOLYOKE
  • Latitude: 42.2232
  • Longitude: -72.6375

    Address

  • Full Address: 2 Drake Ln
  • Address - House Number: 2
  • Address - Street Name: Drake
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Holyoke
  • Carrier Code: C003
  • 4-Digit Zip Code: 1225
  • Zip Code: 01040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $523,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1986
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 376,968
  • High Value: 451,839
  • Low Value: 302,097

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,800
  • Assessed Land Value: $78,200
  • Assessed Improvements Value: $200,600

    Sales

  • Current Sale Recording Date: May 17, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 00000003
  • Previous Sale Recording Date: May 31, 2002
  • Previous Sale Amount: $172,000
  • 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

$185

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2307 ft²

Average Home Age

100.5 years

Currently For Sale

51 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: 7 days ago
Data Source: MLS PIN, MLS# 73578345

Frequently Asked Questions

When was property at 2 Drake Lane built and last sold?
The property at 2 Drake Lane was built in 1960 and last sold on Jan 1, 1970 for $227,000.
How much is this home worth?
The estimated value of the home located at 2 Drake Lane is $377,305.
What are some comparable homes to 2 Drake Lane?
There are currently no comparable homes to 2 Drake Lane.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Holyoke Homes for Sale
Holyoke Houses for Sale
Holyoke Condos for Sale
Holyoke Multifamily for Sale
Holyoke Land for Sale
Holyoke Commercial for Sale
Holyoke Homes with Basements
Holyoke Homes with Pools
Nearby Cities
Springfield Homes for Sale
Chicopee Homes for Sale
Westfield Homes for Sale
Agawam Town Homes for Sale
Northampton Homes for Sale
West Springfield Town Homes for Sale
Longmeadow Homes for Sale
Easthampton Town Homes for Sale
Nearby Property Records
Hampden County, MA Property Records
Hampshire County, MA Property Records
Franklin County, MA Property Records
Berkshire County, MA Property Records
Tolland County, CT Property Records
Hartford County, CT Property Records
Windham County, CT Property Records
Worcester County, MA Property Records
Neighborhoods
Forest Park Real Estate
Sixteen Acres Real Estate
East Forest Park Real Estate
Liberty Heights Real Estate
Pine Point Real Estate
East Springfield Real Estate
Indian Orchard Real Estate
Boston Road Real Estate
Nearby Counties
Springfield Homes for Sale
Chicopee Homes for Sale
Westfield Homes for Sale
Agawam Town Homes for Sale
Northampton Homes for Sale
West Springfield Town Homes for Sale
Longmeadow Homes for Sale
Amherst Homes for Sale
Top Real Estate Agents
Top Agents in Holyoke
Top Agents in Springfield
Top Agents in Springfield
Top Agents in Chicopee
Top Agents in Chicopee
Top Agents in Westfield
Top Agents in Westfield
Top Agents in Agawam Town