398 Main StreetHolyoke, MA 01040MLS Number 72147926

  • Price: $450,000
  • Est. Mortgage of $/month
  • 368 Days on Market
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$/month over payments
Federal 30-year interest rate: 3.94% last updated on Dec 21, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 12Bedrooms
  • 0.06Acreage
  • 14Bathroom
  • 1920Year Built

Driving Directions

ACTUAL OPERATING INCOME $84,600. TOTAL EXPENSES 41.37% $35,002. NET OPERATING INCOME (NOI) $49,598. Less: Annual Debt Service $22,092 (LTV RATIO 75.00%, 5% interest, 25 YEAR AMORTIZATION). CASH FLOW BEFORE TAXES $27,506. CASH ON CASH 26.20%. DEBT COV. RATIO $2.25 (DOLLARS TO PAY FOR EACH DOLLAR OF DEBT). CAP RATE 11.81%. 398-400 Main St. and 59 Hamilton St., Holyoke, MA 01040 (Hampden County) has 6-1 Bedroom, 6-2 room Efficiency and 2 commercial units in the 14 unit building. Turn-of-the-century 4-story brick Victorian building with elaborate cornices; high ceilings; in South Holyoke, an area of major recent investment. Eligible for National Historic Register. Near canal system with planned redevelopment use of federal funds as attractive urban center. Walking distance from public library, bus lines and mayors office. Holyoke is a planned industrial community,

Listed by Mark DiFranco of DiFranco Realty

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More Info

Basic Information

  • MLS Number72147926
  • StatusACT
  • Date Listed04/19/2017
  • List Price$450,000
  • Lot DescriptionCorner
  • Status Date2017-12-27T16:45:00
  • Year Built DescrpRenovated Since

Interior

  • Basement FeatureUnfinished Basement
  • F Bths 21
  • F Bths 11
  • Flrs 13
  • Flrs 23

Utilities

  • Electric FeatureCircuit Breakers, Individually Metered
  • Hot WaterOil
  • SewerCity/Town Sewer
  • WaterCity/Town Water

Water Body

  • WaterfrontNo
  • BeachfrontNo

Location

  • StreetMain Street
  • Street No398-400
  • TownHolyoke
  • Building Number398
  • StateMA
  • Zip01040
  • CountyHampden
  • Zip Code 45608

Property

  • Acreage0.06
  • Square Feet11200
  • Lot Size2744
  • Lease 1Y
  • Lease 2Y
  • Year Built1920
  • Rent2525
  • Rent1650
  • Road TypePublic, Paved, Publicly Maint., Sidewalk
  • Garage Spaces
  • Parking Spaces
  • Parking DescriptionOff-Street
  • Assessments104300
  • Total Rent7050
  • Main LoM60000

Photos

  • Number of Photos2
  • Photo Date2017-04-19T10:58:00
  • Prop TypeMF

Building

  • Bathroom14
  • Full Baths12
  • Bedrooms12
  • Total Brs12
  • Half Baths2
  • Total Fbh12
  • Total Half Baths2
  • Terms FeatureSeller W/Participate
  • Total Flrs6
  • Lead PaintCertified Treated
  • Levels 24
  • Levels 14
  • Levels4
  • Rms 13
  • Rms 22
  • No Units14
  • No Rooms5
  • BasementYes
  • Bedrms 21
  • Bedrms 11
  • Total Rooms5
  • Total Levels8
  • Total Rms36
  • FoundationBrick
  • Foundation Size2800
  • DirectionCorner of 400 Main and 59 Hamilton near rt 391.

Other

  • UffiUnknown
  • WarrantyNo
  • Apod AvailableNo
  • Certificate Number111127
  • Parcel NumberM:0028 B:0003 L:7
  • Noi14100
  • Property Type5-9 Family
  • View Count35
Taylor Real Estate
Office: 413-527-3375
 87 Main Street
Easthampton, MA 01027

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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