Investment Analysis — 844 Homestead Avenue

Holyoke, MA 01040

Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 4-bedroom in 01040 carries an estimated $2,280/mo in gross rent — about a 2.65% cap rate and $14,315/yr in estimated NOI at the $539,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

1,845

Style

Single Family

Built

2026

NEW CONSTRUCTION! Welcome home to this stunning brand-new Raised Ranch, thoughtfully designed with modern style, quality finishes, and comfortable living in mind! Offering 4 bedrooms, 2.5 bathrooms, this beautiful home combines an inviting open-concept layout with stylish details throughout. The heart of the home features a spacious living room and kitchen with a soaring cathedral ceiling, recessed lighting, and beautiful laminate flooring throughout. The custom kitchen is sure to impress, showcasing dovetailed, soft-close cabinetry accented with elegant gold hardware, gorgeous quartz countertops, and a center island perfect for gathering and entertaining! A slider leads to the deck overlooking an expansive, private backyard, creating the perfect setting for outdoor enjoyment. The primary suite offers a relaxing retreat complete with a private full bathroom featuring a walk-in shower and a walk-in closet. The finished lower level adds exceptional versatility, featuring the fourth bedroom, a half bathroom, spacious family room, dedicated laundry room, utility room, and direct access to the attached two-car garage. All this set on over an acre of land, this property offers the perfect blend of open space and natural surroundings, with a partially wooded lot providing privacy and room to enjoy the outdoors! Brand-new construction, contemporary finishes, thoughtful design, and a beautiful private setting make this home a wonderful opportunity to enjoy the comfort and convenience of a home built for today's lifestyle. Don't miss your chance to make this exceptional property your 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: 900 sq ft (the lesser of 900 sq ft or half the 1,845 sq ft principal dwelling). Lot size: 52,652 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.