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Holyoke 01040
262 Lyman St
$222,000
● House - Off Market

262 Lyman St

Holyoke, MA 01040
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,253 Ft²
$244,080
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

HIGHEST & BEST DUE 3/15/2023 AT 6 PM. ACCEPETD OFFER WILL BE NOTIFIED SAME NIGHT. Ready, set, GO! Can't miss opportunity in this home with easy access to all amenities. This remolded households 5 bedrooms, 2 bedrooms, a spacious, open kitchen to living room concept. A fenced in back yard, large back deck, shed, doghouse and in the perfect location to get where you need in a short moment's notice. Shopping centers, laundromat, park, colleges, and even highway all within minutes' drive. Contact listing agent to schedule your showing today!
Unit Size
1,253 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$191
Property Type
House
Property Taxes
$166
HOA Dues
-
Year Built
1890

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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: 6 months ago (MLSPIN #73086736)

Price History

Date / Event Date Event Price
Apr 14, 2023 Sold
Premium
Sold
Mar 16, 2023 In contract -
In contract
Mar 11, 2023 Listed by Homes Logic Real Estate, LLC $239,900
Listed by Homes Logic Real Estate, LLC
Dec 9, 2022 Sold
Premium
Sold
Feb 11, 2020 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 812
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,050
  • Total Building Area: 1,253
  • Gross Building Area: 2,786
  • Building Area: 1,253
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,253
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000139
  • 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: 811800

Zoning

  • Zoning: DR

Geography

  • Parcel: HOLY M:0062 B:0001 L:27
  • Block: 1
  • Lot: 27
  • Municipality: HOLYOKE
  • Latitude: 42.212
  • Longitude: -72.6107

    Address

  • Full Address: 262 Lyman St
  • Address - House Number: 262
  • Address - Street Name: Lyman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Holyoke
  • Carrier Code: C018
  • 4-Digit Zip Code: 4146
  • Zip Code: 01040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $206,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2737
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 224,130
  • High Value: 285,479
  • Low Value: 162,781

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,100
  • Assessed Land Value: $34,600
  • Assessed Improvements Value: $75,500

    Sales

  • Current Sale Contract Date: Apr 14, 2023
  • Current Sale Recording Date: Apr 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17057
  • Previous Sale Recording Date: Dec 09, 2022
  • Previous Sale Contract Date: Dec 08, 2022
  • Previous Sale Amount: $73,000
  • 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:

$340,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2322 ft²

Average Home Age

96.7 years

Currently For Sale

57 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: 6 months ago
Data Source: MLS PIN, MLS# 73086736

Frequently Asked Questions

When was property at 262 Lyman Street built and last sold?
The property at 262 Lyman Street was built in 1890 and last sold on Apr 14, 2023 for $222,000.
How much is this home worth?
The estimated value of the home located at 262 Lyman Street is $241,123.
What are some comparable homes to 262 Lyman Street?
There are currently no comparable homes to 262 Lyman Street.
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