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Holyoke 01040
56 Bay State Rd.
$74,500
● House - Off Market

56 Bay State Rd.

Holyoke, MA 01040
bedrooms
3 Beds
bathrooms
1 Bath
$284,354
RealtyHop Estimate
259.95%
Since Sep 1, 1997
National-US
Primary Model

About This Property

WARM COZY COLONIAL ON DEAD END STREET. THREE BEDROOMS TILE BATH, LARGE LIVING ROOM.  DINING ROOM PRESENTLY USED AS FAMILY ROOM.  NICE BUILT-IN SHELVES & CABINETS. PATIO AND 1 CAR GARAGE.
Unit Size
-
Days on Market
-
Land Size
0.07 acres
Price per sqft
-
Property Type
House
Property Taxes
$115
HOA Dues
-
Year Built
1920

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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 years ago (MLSPIN #30164153)

Price History

Date / Event Date Event Price
Dec 4, 2019 Sold
Premium
Sold
Aug 13, 1997 Sold
Premium
Sold
May 14, 1997 Listed $78,999
Listed

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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: 5
  • 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: 6
  • Basement Area: 720
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,244
  • Total Building Area: 1,825
  • Gross Building Area: 3,015
  • Building Area: 1,825
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,825
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000074
  • 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:53
  • Lot: 53
  • Municipality: HOLYOKE
  • Latitude: 42.2004
  • Longitude: -72.6319

    Address

  • Full Address: 56 Bay State Rd
  • Address - House Number: 56
  • Address - Street Name: Bay State
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Holyoke
  • Carrier Code: C023
  • 4-Digit Zip Code: 1743
  • Zip Code: 01040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $351,600

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 258,209
  • High Value: 304,673
  • Low Value: 211,745

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $187,400
  • Assessed Land Value: $40,900
  • Assessed Improvements Value: $146,500

    Sales

  • Current Sale Contract Date: Nov 13, 2019
  • Current Sale Recording Date: Dec 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 71376
  • Previous Sale Recording Date: Aug 13, 1997
  • Previous Sale Amount: $74,500
  • 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

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2293 ft²

Average Home Age

96.6 years

Currently For Sale

52 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 years ago
Data Source: MLS PIN, MLS# 30164153

Frequently Asked Questions

When was property at 56 Bay State Road built and last sold?
The property at 56 Bay State Road was built in 1920 and last sold on Nov 13, 2019 for $25,000.
How much is this home worth?
The estimated value of the home located at 56 Bay State Road is $0.
What are some comparable homes to 56 Bay State Road?
There are currently no comparable homes to 56 Bay State Road.
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