Spacious Multifamily Residence Near
For Sale
$419,900
51 View Street, Holyoke, MA 01040
Multi-family residence near Wyckoff Country Club and shopping plazas.
Property Size2,434 SF
Lot Size0.16 Acres
Price / SF$172.51
Days on Market74
Property Features for 51 View Street
General Information
Standard status
Active
Size
2,434 SF
Lot size
0.16 Acres
Property subtype
Multi-family / 2 Family - 2 Units Up/Down
Building Details
Year Built
1910
Listing Agency:
Home Equity Assets Realty, LLC
(413) 328-0799
Listed By:
Allen Murray · License #9536565
(413) 328-0799
Source:
Compass
Added: May 18
Changed: Jul 10
Last Checked: Jul 30 at 6:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home Equity Assets Realty, LLC
Investment Insights
Based on property information with market context.
Constructed in 1910, this multi-family residence offers 2434 square feet of living space. The property features five bedrooms and two full bathrooms with laundry hookups. A single-car garage provides secure parking and additional storage. Situated on a 6752 square foot lot, the property offers outdoor space suitable for entertaining or recreation. Located minutes from Wyckoff Country Club, Mt Tom, the Children's Museum, and shopping plazas, it also provides easy highway access. This property is suitable for owner occupancy, investment, co-living, or a large family.
Key Highlights
- Multi‑family residence with 5 bedrooms and 2 full bathrooms, suitable for owner occupancy, investment, co‑living, or large families.
- Located minutes from Wyckoff Country Club, Mt Tom, Children's Museum, shopping plazas, and with easy highway access.
- Spacious 6752 sqft lot offering outdoor space.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.2k | $19.80 |
| − Vacancy | −$2.7k | −$1.09 |
| EGI | $45.5k | $18.71 |
| − OpEx | −$13.7k | −$5.61 |
| NOI | $31.9k | $13.10 |
2,434 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$455.4K
$398.5K – $531.3K
NOI $31,880 @ 7.0% cap · market cap 7.59%
Second Best
Apartment 5plus
$422.1K
$369.3K – $492.4K
NOI $29,544 @ 7.0% cap · market cap 7.04%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $105,009 @ 7.0% cap · market cap 25.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
576
Businesses Nearby
Explore this area
Business Placement
Demographics for 01040, MA
38,238
Population
17,057
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
79%
High-School Grad
21.2 sq mi
ZIP Area
1,804
Density / Sq Mi
$51,892
Median Household Income
$41,801
Median Earnings
$1,016
Median Rent
$255,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Multi-family residence near Wyckoff Country Club and shopping plazas.
Where is this duplex located?
The property is located at 51 View Street Holyoke, MA.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Multi‑family residence with 5 bedrooms and 2 full bathrooms, suitable for owner occupancy, investment, co‑living, or large families.; Located minutes from Wyckoff Country Club, Mt Tom, Children's Museum, shopping plazas, and with easy highway access.; Spacious 6752 sqft lot offering outdoor space.
