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Holyoke 01040
2 Meggison Ln
$260,000
● House - Off Market

2 Meggison Ln

Holyoke, MA 01040
bedrooms
3 Beds
bathrooms
1 Bath
square feet
888 Ft²
$285,347
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Nice and well maintained 3 bedroom ranch style home in West Holyoke. Hardwood floors throughout most of the house with vaulted ceilings in living room. Large finished  room in basement for additional  entertainment use.. House comes with Central air condition for summertime comfort . Beautiful corner lot with fenced in back yard  with storage shed  and gazebo  Also 3 season porch and 1 1/2 car garage. Close to area amenities  such as beach, bike trails. shopping area. For COVID precautions only 2 buyers per showing and wear masks.
Unit Size
888 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$270
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1956

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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 #72808710)

Price History

Date / Event Date Event Price
May 21, 2021 Sold
Premium
Sold
Apr 2, 2021 Listed by HRA Realty, LLC $239,900
Listed by HRA Realty, LLC

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 888
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 23,245
  • Total Building Area: 1,554
  • Gross Building Area: 2,248
  • Building Area: 1,554
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,554
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000534
  • 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:0181 B:0000 L:13
  • Lot: 13
  • Municipality: HOLYOKE
  • Latitude: 42.1826
  • Longitude: -72.6853

    Address

  • Full Address: 2 Meggison Ln
  • Address - House Number: 2
  • Address - Street Name: Meggison
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Holyoke
  • Carrier Code: R002
  • 4-Digit Zip Code: 9623
  • Zip Code: 01040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $420,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 308,921
  • High Value: 370,437
  • Low Value: 247,405

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,900
  • Assessed Land Value: $64,000
  • Assessed Improvements Value: $159,900

    Sales

  • Current Sale Contract Date: May 21, 2021
  • Current Sale Recording Date: May 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 35164
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

2282 ft²

Average Home Age

96.5 years

Currently For Sale

53 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# 72808710

Frequently Asked Questions

When was property at 2 Meggison Lane built and last sold?
The property at 2 Meggison Lane was built in 1956 and last sold on May 21, 2021 for $260,000.
How much is this home worth?
The estimated value of the home located at 2 Meggison Lane is $240,759.
What are some comparable homes to 2 Meggison Lane?
There are currently no comparable homes to 2 Meggison Lane.
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