NOT LISTED FOR SALE

69 Lyman St Holyoke, MA 01040

Estimated Value: $230,000 - $264,000

4 Beds
2.5 Baths
2,040 Sq Ft
$121/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2022

Last sale price $190,000 $93 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,661 / mo

9 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Heating Available
  • Corner Lot

About This Home

As of March 2022

Investors take notice!!! This great opportunity with high generating cash flow and low maintenance is a perfect property for cash-on-cash return. It generates $2,445 a month with room for growth. This newly updated 2 family property includes 1 bedroom 1 bath on first floor and 3-bedroom 1.5 bath on second and third floors. First floor unit 1 year lease, second floor unit month to month lease. Updates include new kitchens, new bathrooms, new flooring, new light fixtures, and new heating system. Both units offer spacious living rooms and spacious eat in kitchens. Laundry is located in the basement. Start earning income as soon as you close!!!

Last Agent to Sell the Property

Marta James

Gallagher Real Estate Listed on: 01/11/2022

Gallagher Real Estate

Last Buyer's Agent

Dan Emery

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,168

Year Built

  • Built in 1848 | Remodeled

Lot Details

  • 2,178 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 2,040 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Car Parking Spaces
  • Open Parking

Utilities

  • Heating Available
  • Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $2,445
  • Rent includes unit 1(water), unit 2(heat electric gas water hot water)
  • Assessor Parcel Number M:0037 B:0004 L:10.7,3984725

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,095
  • Net Operating Income $22,925

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,168

Year Built

Built in 1848 | Remodeled

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1848
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Unit 1(Ceiling Fans,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Upgraded Cabinets,Upgraded Countertops,Walk-In Closet,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room), Unit 2 Rooms(Living Room)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2040
  • Stories Total: 3
  • MAIN LO: AN1364
  • MAIN SO: M80028

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Hot Water Baseboard,Gas)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Highway Access
  • Rent Includes: Unit 1(Water), Unit 2(Heat,Electric,Gas,Water,Hot Water)

Lot Info

  • Parcel Number: M:0037 B:0004 L:10.7,3984725
  • Zoning: DR
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2178
  • Lot Size Units: Acres
  • LOT SIZE: 2277

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3168

Multi Family

  • Net Operating Income: 22925
  • Number Of Units Total: 2
  • Operating Expense: 5095
  • Total Actual Rent: 2445
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: Y

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
Mar 15, 2022
Sold by
Bought by
Seller's Agent
Marta James
Gallagher Real Estate
Buyer's Agent
Dan Emery
William Raveis R.E. & Home Services
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Current Estimated Value
$247,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,358
Avg. Annual Appreciation
6.47%
Original Mortgage
$142,500
Outstanding Balance
$131,453
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$115,905

Purchase Details

Listed on
Apr 13, 2017
Closed on
Jun 2, 2017
Sold by
Bought by
Seller's Agent
Melissa Blondek
Gallagher Real Estate
Buyer's Agent
Steve Byrne
First Place Realty
List Price
$63,900
Sold Price
$69,000
Premium/Discount to List
$5,100
7.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.55%

Purchase Details

Closed on
Jun 1, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,841
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$190,000 None Available
$65,000 --
-- --
-- --
$75,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $142,500
Previous Owner $77,546
Previous Owner $73,841
Previous Owner $50,051
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2022 03/15/22 Sold $190,000 -5.0% $93 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $199,900 +189.7% $98 / Sq Ft
06/02/2017 06/02/17 Sold $69,000 +8.0% $34 / Sq Ft View Prior Sale
06/01/2017 06/01/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $63,900 -- $31 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,911 $224,000 $23,000 $201,000
2024 $4,021 $212,200 $21,900 $190,300
2023 $4,212 $224,500 $21,900 $202,600
2022 $3,318 $172,300 $21,900 $150,400
2021 $3,187 $164,400 $20,500 $143,900
2020 $2,721 $142,600 $20,500 $122,100
2019 $2,670 $138,400 $21,600 $116,800
2018 $3,199 $130,200 $21,600 $108,600
2017 $2,496 $130,200 $21,600 $108,600
2016 $2,428 $127,000 $20,500 $106,500
2015 $2,418 $127,000 $20,500 $106,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72932883

MLS Property Information Network (MLS PIN)

APN: HOLY-000037-000004-000010-000007

Your Personal Tour Guide

Ask me questions while you tour the home.