62 Memorial Dr Holyoke — Photo 1 of 23
$225,000
Investment Analysis — 62 Memorial Dr
Holyoke, MA 01040
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 2-bedroom in 01040 carries an estimated $1,720/mo in gross rent — about a 5.02% cap rate and $11,290/yr in estimated NOI at the $225,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
766
Style
Single Family
Built
1946
Small footprint, big possibilities! If you're looking for the ease of one-level living with a fenced yard, garage, carport and bonus spaces, this 2-bedroom Holyoke Ranch packs a lot into its footprint. Step inside to a comfortable living room with wall-to-wall carpeting, followed by a galley-style kitchen and a bright bonus room surrounded by windows—an inviting spot for morning coffee, a home office or additional sitting area. Two bedrooms with hardwood floors and a full bath complete the main living space. An enclosed porch adds even more flexibility and provides easy access to the backyard. Outside, enjoy a fenced yard with room to garden, relax or entertain, plus a detached garage with an attached carport for additional covered parking or storage, and two sheds. Natural gas heat, vinyl siding and a paved driveway round out the package. Conveniently located near shopping, area amenities and highway access, this home is ready for its next owner to bring their ideas 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: 383 sq ft (the lesser of 900 sq ft or half the 766 sq ft principal dwelling). Lot size: 9,200 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Refrigerator • Freezer
Neighborhood
Public Transportation • Shopping • Highway Access • University
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wall to Wall Carpet, Flooring - Wood
Dining Room
Lvl FirstCeiling Fan(s), Flooring - Vinyl, Slider
Kitchen
Lvl FirstCeiling Fan(s), Flooring - Vinyl
Primary Bedroom
Lvl FirstCeiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower
Listing Agent: The Bay State Team
Listing Office: REMAX Connections
MLS® Number: 73579700
