51 Francis Ave Holyoke — Photo 1 of 41
Recent Drop: $29,100
$299,900
Investment Analysis — 51 Francis Ave
Holyoke, MA 01040 — Oakdale
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 3-bedroom in 01040 carries an estimated $2,110/mo in gross rent — about a 5.02% cap rate and $15,067/yr in estimated NOI at the $299,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,378
Style
Single Family
Built
1920
Conveniently located 3 bedroom, 2 bath home with a great mix of updates and character and a tranquil outdoor space at the rear. Situated on a side street with easy access to Rte 91, this hillside property with a large and inviting front porch has freshly refinished hardwood floors on the first floor. Living room with plenty of light and arched doorway to dining room with access to rear deck & patio and yard with terraced gardens and water features. Kitchen with large passthrough to dining room that also serves as a breakfast bar, large pantry and 3/4 bath. The second floor features a beautifully renovated spa-style bathroom with marbled tile floors, glass shower and tub and built in cabinets. Three bedrooms with hardwood floors complete the upstairs. Full basement with interior access off the kitchen, side door driveway access and laundry. Driveway has been freshly seal-coated.
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: 689 sq ft (the lesser of 900 sq ft or half the 1,378 sq ft principal dwelling). Lot size: 5,401 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.
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Amenities & Appliances
Range • Dishwasher • Refrigerator • Freezer • Washer • Dryer
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Public Transportation • Shopping • Park • Medical Facility • Highway Access
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Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Hardwood
Master Bedroom
Lvl SecondCloset, Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom 2
Lvl SecondProperty History
$299,900
Was $314,900
Sep 8, 2026
MLS® 73565338
$314,900
Was $329,000
Aug 29, 2026
MLS® 73565338
$329,000
Aug 19, 2026
MLS® 73565338
$157,700
Jun 13, 2018
MLS® 72249161
$160,000
Oct 30, 2017
MLS® 72249161
Listing Agent: Jocelyn Cleary
Listing Office: Canon Real Estate, Inc.
MLS® Number: 73565338
