Active Under Contract

11 Days on market

31 Gates St Holyoke — Photo 1 of 41

$299,000

Investment Analysis — 31 Gates St

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 4.96% cap rate and $14,823/yr in estimated NOI at the $299,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,926

Style

Single Family

Built

1938

Come by for the first showings Saturday 9/26, 11am-12:30 pm on this wonderful three-bedroom 2 full bath home, The well-maintained home has an oversized parcel with a fabulous private back yard with a park-like setting. The home has a great open feel with a large living room and dining room as well as an enclosed three season front porch. The second level has an enormous primary bedroom with a private ensuite bathroom. The home has a pellet stove for an added heat source to keep the home cozy and warm and reduce your energy bills. A one=car garage and so much more. This is the move in ready home you have been searching for!

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: 900 sq ft (the lesser of 900 sq ft or half the 1,926 sq ft principal dwelling). Lot size: 9,901 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 MLS and other third-party data may be inaccurate or out of date.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.

No longer available to tour