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Holyoke 01040
74 Memorial Drive
$109,000
● House - Off Market

74 Memorial Drive

Holyoke, MA 01040
bedrooms
2 Beds
bathrooms
1 Bath
square feet
696 Ft²
$263,736
RealtyHop Estimate
124.46%
Since Oct 1, 2011
National-US
Primary Model

About This Property

Cozy 2 bedroom, 1 bathroom Ranch in an inviting neighborhood. This home has hardwood floors, a 3-season porch, a new roof in 2007, and a new storage shed in 2006. For those who love the outdoors, the beautiful Ashley Ponds Reservoir is right around the corner. You can't beat the convenient location, only 3 blocks from Holyoke Community College and minutes to I-91 and the Mass Pike. Come See!
Unit Size
696 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$169
Property Type
House
Property Taxes
$178
HOA Dues
-
Year Built
1946

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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 #71207232)

Price History

Date / Event Date Event Price
Sep 30, 2011 Sold
Premium
Sold
Mar 29, 2011 Listed by Jones Group REALTORS® $117,500
Listed by Jones Group REALTORS®
Jan 31, 1994 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,742
  • Total Building Area: 672
  • Gross Building Area: 1,440
  • Building Area: 672
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 672
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEMORIAL VILLAGE
  • Land Acres: 0000000201
  • 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: 812101

Zoning

  • Zoning: R-1A

Geography

  • Parcel: HOLY M:0159 B:0000 L:72
  • Lot: 72
  • Municipality: HOLYOKE
  • Latitude: 42.189
  • Longitude: -72.6488

    Address

  • Full Address: 74 Memorial Dr
  • Address - House Number: 74
  • Address - Street Name: Memorial
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Holyoke
  • Carrier Code: C012
  • 4-Digit Zip Code: 1059
  • Zip Code: 01040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $238,600

    Appraisal Valuation

  • Standard Deviation: 0.2102
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 219,957
  • High Value: 266,200
  • Low Value: 173,714

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,200
  • Assessed Land Value: $59,300
  • Assessed Improvements Value: $67,900

    Sales

  • Current Sale Recording Date: Sep 30, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000005
  • Previous Sale Recording Date: Jan 31, 1994
  • Previous Sale Amount: $67,500
  • 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

$186

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2396 ft²

Average Home Age

101.2 years

Currently For Sale

49 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# 71207232

Frequently Asked Questions

When was property at 74 Memorial Drive built and last sold?
The property at 74 Memorial Drive was built in 1946 and last sold on Jan 1, 1970 for $109,000.
How much is this home worth?
The estimated value of the home located at 74 Memorial Drive is $120,005.
What are some comparable homes to 74 Memorial Drive?
There are currently no comparable homes to 74 Memorial Drive.
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