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Chicopee 01020
10 Ludlow Rd
$210,000
● House - Off Market

10 Ludlow Rd

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,263 Ft²
$325,180
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

WELCOME HOME! NEWLY RENOVATED 3 bedroom, 1 bath home. Quality, comfort and convenience is all yours in this wonderful Ranch home. Gleaming hardwood flooring, bright and well appointed kitchen with brand new cabinets, granite countertops and brand new energy-efficient stainless steel appliances. Walk out the kitchen doors to your brand new private deck and good-sized yard. A dream come true - don't miss out!
Unit Size
1,263 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$166
Property Type
House
Property Taxes
$245
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #72272714)

Price History

Date / Event Date Event Price
Mar 28, 2018 Sold
Premium
Sold
Jan 20, 2018 Listed by Houser Metro Realty $209,990
Listed by Houser Metro Realty
Aug 25, 2017 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,132
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,920
  • Total Building Area: 1,132
  • Gross Building Area: 3,178
  • Building Area: 1,132
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,132
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000365
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Chicopee School District
  • School Tax School District: CHICOPEE SD
  • Census Tract: 811302

Zoning

  • Zoning: 7

Geography

  • Account Number: 761-00005
  • Parcel: CHIC M:0761 P:00005
  • Municipality: CHICOPEE
  • Latitude: 42.2132
  • Longitude: -72.5618

    Address

  • Full Address: 10 Ludlow Rd
  • Address - House Number: 10
  • Address - Street Name: Ludlow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C044
  • 4-Digit Zip Code: 4430
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $457,600

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 319,849
  • High Value: 383,797
  • Low Value: 255,901

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $310,000
  • Assessed Land Value: $111,900
  • Assessed Improvements Value: $198,100

    Sales

  • Current Sale Contract Date: Mar 23, 2018
  • Current Sale Recording Date: Mar 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 213901
  • Previous Sale Recording Date: Aug 25, 2017
  • Previous Sale Contract Date: Aug 23, 2017
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Chicopee

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1742 ft²

Average Home Age

87.4 years

Currently For Sale

79 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72272714

Frequently Asked Questions

When was property at 10 Ludlow Road built and last sold?
The property at 10 Ludlow Road was built in 1950 and last sold on Mar 23, 2018 for $210,000.
How much is this home worth?
The estimated value of the home located at 10 Ludlow Road is $217,282.
What are some comparable homes to 10 Ludlow Road?
There are currently no comparable homes to 10 Ludlow Road.
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