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901 Homestead Avenue Holyoke — Photo 1 of 25

901 Homestead Avenue Holyoke — Photo 1 of 25

$329,900

Investment Analysis — 901 Homestead Avenue

Holyoke, MA 01040 — Elmwood Heights

Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 2-bedroom in 01040 carries an estimated $1,720/mo in gross rent — about a 3.36% cap rate and $11,079/yr in estimated NOI at the $329,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,494

Style

Single Family

Built

1946

WELCOME HOME to this immaculate Ranch near Ashely Reservoir! The construction is wonderful and the current owner has paid extreme attention to detail regarding upgrades and maintenance. The house is charming and has oak flooring in most rooms. The large living room is bright and leads into a refinished kitchen with gas stove and new refrigerator. The original third bedroom has been converted to a lovely open dining room that looks out a slider to the almost half acre private yard with composite deck and house awning! There are 2 nice sized bedrooms and a full bath with shower on this level. The downstairs has been converted to a TV room, private office and another room that has a closet. There is a half bath here. Plenty of storage and laundry on the other side of the basement. Brand new gas boiler and hot water tank ( Holyoke has their own utility services with reasonable rates) and updated circuit breakers. The roof is about 10 years old, the windows and slider are about 15 years old, the driveway has been replaced and the awning is 5 years old. The house is vinyl sided. Super storage shed in the back. Mature landscaping includes an apple tree!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 747 sq ft (the lesser of 900 sq ft or half the 1,494 sq ft principal dwelling). Lot size: 18,295 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$329,900
Annual Taxes$4,606.75

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms5
FireplacesNone
FlooringWood, Tile, Vinyl, Carpet, Flooring - Hardwood, Flooring - Wall to Wall Carpet
BasementPartially Finished, Concrete

Climate & Utilities

HeatingNatural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Other
ZoningR1-A

Property & Lot

Acres0.42
SqFt Lot18,295
Lot FeaturesCleared

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Bike Path • Conservation Area • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bathroom 1
Basement
OfficeFamily RoomBedroom 3Bathroom 2
Living Room
Lvl First

16 x 13

Ceiling Fan(s), Flooring - Hardwood

Dining Room
Lvl First

14 x 12

Ceiling Fan(s), Closet, Flooring - Hardwood, Exterior Access, Open Floorplan, Slider

Kitchen
Lvl First

11 x 10

Flooring - Vinyl, Countertops - Upgraded, Exterior Access, Open Floorplan, Remodeled

Office
Lvl Basement

12 x 10

Flooring - Wall to Wall Carpet

Family Room
Lvl Basement

11 x 11

Flooring - Wall to Wall Carpet

Primary Bedroom
Lvl First

12 x 10

Ceiling Fan(s), Closet, Flooring - Hardwood

Bedroom 2
Lvl First

11 x 11

Bedroom 3
Lvl Basement

12 x 10

Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

7 x 5

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Basement

5 x 5

Bathroom - Half

Listing Provided By

Listing Agent: Beth Brogle

Listing Office: Berkshire Hathaway HomeServices Realty Professionals

MLS® Number: 73578177