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Holyoke 01040
39 Cherry Street
$230,000
● House - Off Market

39 Cherry Street

Holyoke, MA 01040
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,818 Ft²
$260,336
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

This single family home has incredible potential and so much wonderful space to enjoy. With sweat equity and continued improvements, this house can be restored to its natural beauty. Conveniently located off Interstate-91 and within a mile of Holyoke Hospital, you can enjoy getting to all access points with ease. The front porch is enclosed and has lovely windows that allow the natural sunlight in. The backyard has plenty of room for gardening and more. Driveways are on both sides of the house. Come take a look!
Unit Size
1,818 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$143
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1910

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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 months ago (MLSPIN #73109471)

Price History

Date / Event Date Event Price
Jun 30, 2023 Sold
Premium
Sold
May 27, 2023 In contract -
In contract
May 10, 2023 Listed by Witalisz & Associates, Inc. $259,900
Listed by Witalisz & Associates, Inc.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,044
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,389
  • Total Building Area: 1,818
  • Gross Building Area: 3,400
  • Building Area: 1,818
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,818
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000193
  • 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: 812002

Zoning

  • Zoning: R-2

Geography

  • Parcel: HOLY M:0124 B:0000 L:75
  • Lot: 75
  • Municipality: HOLYOKE
  • Latitude: 42.1991
  • Longitude: -72.6333

    Address

  • Full Address: 39 Cherry St
  • Address - House Number: 39
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: MA
  • City Name: Holyoke
  • Carrier Code: C024
  • 4-Digit Zip Code: 1155
  • Zip Code: 01040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $352,500

    Appraisal Valuation

  • Standard Deviation: 0.2112
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 259,735
  • High Value: 314,611
  • Low Value: 204,858

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $187,900
  • Assessed Land Value: $41,400
  • Assessed Improvements Value: $146,500

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30016
  • Previous Sale Recording Date: Sep 30, 2015
  • 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

Above Asking

0.56%

Average Days on Market

58

Average Home Size

2243 ft²

Average Home Age

92.6 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

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: 5 months ago
Data Source: MLS PIN, MLS# 73109471

Frequently Asked Questions

When was property at 39 Cherry Street built and last sold?
The property at 39 Cherry Street was built in 1910 and last sold on Jun 30, 2023 for $230,000.
How much is this home worth?
The estimated value of the home located at 39 Cherry Street is $262,777.
What are some comparable homes to 39 Cherry Street?
There are currently no comparable homes to 39 Cherry Street.
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