Active

4 Days on market

2 Drake Lane Holyoke — Photo 1 of 27

$395,000

2 Drake Lane, Holyoke, MA 01040

Holyoke, MA 01040

Investor Analysis

Beds

Baths

SqFt

1,480

Style

Single Family

Built

1960

A great home with a wonderful floor plan this ranch has it all, easy one- level living with 3 bedrooms, 2 full baths, and a 2 car garage first floor laundry. Beautiful hardwood floors throughout, spacious living/dining room combo w/fireplace offers plenty of room for gathering you could be in to enjoy the Holidays .Spacious kitchen with stainless steel appliances, granite counters eat in kitchen, adjoining lovely sunroom with built in shelving overlooking the fenced back yard. Deck, shed ,gas heat and hot water. Open house 12-2 Saturday 9/19, 2026 and Sunday 9/20 11:30-1:00

Open Houses

Market Value Analysis

This Property

Size (SqFt) →Price →

This Property$267/sqft

Local Avg (Holyoke)$209/sqft

28% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Holyoke, MA.

Financials

Original Price$395,000

Annual Taxes$5,805

Parking

Garage2

Off-Street6

Interior Specifications

Total Rooms6

Fireplaces1

FlooringVinyl, Carpet, Hardwood

BasementFull

Climate & Utilities

HeatingCentral, Natural Gas

CoolingCentral Air

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick

RoofShingle

FoundationConcrete Perimeter

ZoningRes

Property & Lot

Acres0.45

SqFt Lot19,419

Lot FeaturesCorner Lot

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Walk/Jog Trails • Golf • Medical Facility • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First

Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3

Living Room

Lvl First

Flooring - Hardwood

Dining Room

Lvl First

Flooring - Hardwood

Kitchen

Lvl First

Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled, Stainless Steel Appliances

Primary Bedroom

Lvl First

Bathroom - Full, Closet

Bedroom 2

Lvl First

Bedroom 3

Lvl First

Closet, Flooring - Hardwood

Population

37,813

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$54K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

58.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Hampden County

358 housing units permitted in the last 12 months (+18% vs the prior 12 months) — 63 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

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: 740 sq ft (the lesser of 900 sq ft or half the 1,480 sq ft principal dwelling). Lot size: 19,419 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.

Full Holyoke, MA market report ZIP 01040 market data

Listing Provided By

Listing Agent: Luiza Berman

Listing Office: Park Square Realty

MLS® Number: 73578345