Investment Analysis — 23 Keefe Avenue

Holyoke, MA 01040

Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 3-bedroom in 01040 carries an estimated $2,110/mo in gross rent — about a 4.20% cap rate and $13,404/yr in estimated NOI at the $319,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,798

Style

Single Family

Built

1930

Classic 1930 Colonial cherished by the same family for more than 57 years, offering timeless character, a comfortable flow, and wonderful natural light. Hardwood floors and generous windows create a warm, inviting feel throughout the home. Be sure to check out the old-fashioned breakfast nook in the spacious kitchen—a charming spot for morning coffee or casual meals. Easy-care living is enhanced by vinyl siding, replacement windows, economical natural gas heat, and a tidy, level yard. Ideally situated on a quiet side street, yet just minutes from convenient highway access, making commuting and everyday travel a breeze. Well cared for and ready for its next chapter, this charming home awaits new owners to add their personal touches and make it their own.

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: 899 sq ft (the lesser of 900 sq ft or half the 1,798 sq ft principal dwelling). Lot size: 10,006 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 MLS and other third-party data may be inaccurate or out of date.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.