37 Charles Hill Rd Holyoke — Photo 1 of 32
$390,000
Investment Analysis — 37 Charles Hill Rd
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 2.64% cap rate and $10,304/yr in estimated NOI at the $390,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,172
Style
Single Family
Built
1955
Attention!! Rare opportunity to own a home in one Holyoke's most coveted neighborhoods, 37 Charles Hill Rd is hitting the market for the first time ever. Built in 1955 and owned and loved by the same family, this brick ranch offers the convenience of one level living but with additional perks like an over sized lot, central air, 2nd full bathroom and a 3rd potential bedroom in the finished basement. There is a family room off of the kitchen in addition to the living room which could lend itself to multi generational living. The oversized primary bedroom is flooded with light and offers 2 closets, there are hardwood floors throughout and a wood burning fireplace. Other recent updates include new heating system ('21) and water heater ('22), newer windows, newer appliances and roof was replaced around 10 years ago. Situated just feet from the Ashley reservoir and all the outdoor activities and wildlife it has to offer. Showings begin at the open house Wednesday 9/9 from 4:30-6pm second open house Saturday 9/12 from 11-12:30
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: 586 sq ft (the lesser of 900 sq ft or half the 1,172 sq ft principal dwelling). Lot size: 9,374 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl FirstPrimary Bedroom
Lvl FirstBedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom 2
Lvl BasementListing Agent: Meghan Brown
Listing Office: Park Square Realty
MLS® Number: 73572105
