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Holyoke 01040
70 Lynch Dr
$276,500
● House - Off Market

70 Lynch Dr

Holyoke, MA 01040
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,531 Ft²
$268,632
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Here you go, 3 Bedroom, 1.5 bath Ranch in the Ingleside area of Holyoke. Close to highway access, Mall and Restaurants. The classic Ranch has hardwood flooring in the Living Room, Dining area and all three bedrooms. This all electric Ranch takes advantage of the Holyoke Electric Company rates. Other features include, Half Bath in the Master Bedroom, Living Room Fireplace, new thermal windows, a 2 year old water heater, a one car garage and a full basement. In the wide open basement there is a shower, toilet and sink. This is a must see, make your appointment as soon as possible...Anyone wanting to show on Sunday please allow for traffic pattern changes due to Holyoke festivities....
Unit Size
1,531 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$173
Property Type
House
Property Taxes
$318
HOA Dues
-
Year Built
1970

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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 #72954714)

Price History

Date / Event Date Event Price
Apr 22, 2022 Sold
Premium
Sold
Mar 18, 2022 Listed by William Raveis R.E. & Home Services $265,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • 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: 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: 1,085
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,531
  • Gross Building Area: 2,728
  • Building Area: 1,531
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,531
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • 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: 812103

Zoning

  • Zoning: R-1A

Geography

  • Parcel: HOLY M:0165 B:0000 L:58
  • Lot: 58
  • Municipality: HOLYOKE
  • Latitude: 42.1822
  • Longitude: -72.6397

    Address

  • Full Address: 70 Lynch Dr
  • Address - House Number: 70
  • Address - Street Name: Lynch
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Holyoke
  • Carrier Code: C022
  • 4-Digit Zip Code: 2830
  • Zip Code: 01040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $394,000

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 306,904
  • High Value: 373,544
  • Low Value: 240,264

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,000
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $150,000

    Sales

  • Current Sale Contract Date: Apr 22, 2022
  • Current Sale Recording Date: Apr 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 24471
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

56

Average Home Size

2337 ft²

Average Home Age

101.4 years

Currently For Sale

48 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# 72954714

Frequently Asked Questions

When was property at 70 Lynch Drive built and last sold?
The property at 70 Lynch Drive was built in 1970 and last sold on Apr 22, 2022 for $276,500.
How much is this home worth?
The estimated value of the home located at 70 Lynch Drive is $269,802.
What are some comparable homes to 70 Lynch Drive?
There are currently no comparable homes to 70 Lynch Drive.
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