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Holyoke 01040
277 Walnut Street
$175,000
● House - Off Market

277 Walnut Street

Holyoke, MA 01040
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,454 Ft²
$1,241
Est. Monthly

About This Property

Vintage Philadelphia Townhome offers so much space! Super high ceilings and wood flooring and great storage! This street is right around the corner from Wistariahurst! Formal living room and dining room. Great big kitchen with eat in area and attached mudroom with washer and dryer! Walk right out to the back deck and you could use this area for parking off the alley. The front and back yard are nicely planted! Second floor has 3 good sized bedrooms and a full bath and a walk in cedar closet! The whole interior has just been painted and there is a new hot water tank! Holyoke Gas and Electric service averages $325/month. This is an affordable alternative to renting!
Unit Size
1,454 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$153
Property Type
House
Property Taxes
$146
HOA Dues
-
Year Built
1885

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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: 4 months ago (MLSPIN #73186965)

Price History

Date / Event Date Event Price
Mar 21, 2024 Sold
Premium
Sold
Feb 20, 2024 In contract -
In contract
Dec 12, 2023 Listed by Berkshire Hathaway HomeServices Realty Professionals $222,999
Listed by Berkshire Hathaway HomeServices Realty Professionals

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1885
  • Effective Year Built: 1885
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 8
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 727
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,274
  • Total Building Area: 1,454
  • Gross Building Area: 2,289
  • Building Area: 1,454
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,454
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000052
  • 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: 811600

Zoning

  • Zoning: DR

Geography

  • Parcel: HOLY M:0004 B:0005 L:10
  • Block: 5
  • Lot: 10
  • Municipality: HOLYOKE
  • Latitude: 42.2039
  • Longitude: -72.6165

    Address

  • Full Address: 277 Walnut St
  • Address - House Number: 277
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Holyoke
  • Carrier Code: C002
  • 4-Digit Zip Code: 4204
  • Zip Code: 01040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $174,800
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.0875
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 92
  • Final Value: 221,942
  • High Value: 241,365
  • Low Value: 202,518

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,200
  • Assessed Land Value: $21,800
  • Assessed Improvements Value: $71,400

    Sales

  • Current Sale Contract Date: Mar 21, 2024
  • Current Sale Recording Date: Mar 21, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12102

    Financing

  • First Mortgage Financing Type: ADJ
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

Unit for rent at 360 1/2 Tokeneke Rd, MA, 01040

$1,309 /mo

  • 2 Beds
  • 1 Bath
360 1/2 Tokeneke Rd, MA, 01040 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73186965

Frequently Asked Questions

When was property at 277 Walnut Street built and last sold?
The property at 277 Walnut Street was built in 1885 and last sold on Mar 21, 2024 for $175,000.
How much is this home worth?
The estimated value of the home located at 277 Walnut Street is $223,995.
What are some comparable homes to 277 Walnut Street?
There are currently no comparable homes to 277 Walnut Street.
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