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Holyoke 01040
2 Francis Ave
$305,000
● House - Off Market

2 Francis Ave

Holyoke, MA 01040
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,739 Ft²
$350,896
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Move in ready, freshly remodeled cape in desirable location.  New kitchen with quartz countertops, farmhouse sink, brand new stainless steel LG appliances, matte black fixtures.  Brand new windows, siding, gutters, updated bathroom, refinished hardwood floors on first floor and oak stairs, new carpet in upstairs bedrooms, and new lighting throughout.  Refreshed landscaping, raised planter bed, partially fenced in private backyard with patio area.  Large 1 car garage with new door with automatic opener and second level walk up storage.  Partially finished basement with wood stove, bar area and extra storage.  Benefit from great rates from Holyoke Gas & Electric. Convenient location right off Route 5 and I-91.  Showings deferred until Open House Saturday April 24  1PM-3PM.
Unit Size
1,739 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$172
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1952

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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 #72817757)

Price History

Date / Event Date Event Price
Jun 4, 2021 Sold
Premium
Sold
Apr 20, 2021 Listed by Keller Williams Realty $299,900
Listed by Keller Williams Realty
Nov 13, 2020 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 828
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,969
  • Total Building Area: 1,739
  • Gross Building Area: 3,120
  • Building Area: 1,739
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,739
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • 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: 812001

Zoning

  • Zoning: R-1A

Geography

  • Parcel: HOLY M:0128 B:0000 L:42
  • Lot: 42
  • Municipality: HOLYOKE
  • Latitude: 42.2096
  • Longitude: -72.6331

    Address

  • Full Address: 2 Francis Ave
  • Address - House Number: 2
  • Address - Street Name: Francis
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Holyoke
  • Carrier Code: C027
  • 4-Digit Zip Code: 1837
  • Zip Code: 01040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $364,700

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 268,542
  • High Value: 316,865
  • Low Value: 220,219

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $194,400
  • Assessed Land Value: $45,700
  • Assessed Improvements Value: $148,700

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38547
  • Previous Sale Recording Date: Nov 13, 2020
  • Previous Sale Contract Date: Nov 13, 2020
  • Previous Sale Amount: $157,000
  • 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

2262 ft²

Average Home Age

92.5 years

Currently For Sale

55 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72817757

Frequently Asked Questions

When was property at 2 Francis Avenue built and last sold?
The property at 2 Francis Avenue was built in 1952 and last sold on Jun 4, 2021 for $305,000.
How much is this home worth?
The estimated value of the home located at 2 Francis Avenue is $0.
What are some comparable homes to 2 Francis Avenue?
There are currently no comparable homes to 2 Francis Avenue.
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