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Chicopee 01013
102 Gilbert Ave
Photo of 102 Gilbert Ave
Sold on Jul 29, 2011

1

Map

$45,000
● House - Off Market

102 Gilbert Ave

Chicopee, MA 01013
bedrooms
1 Bed
bathrooms
1 Bath
square feet
689 Ft²
$163,841
RealtyHop Estimate
119.11%
Since Aug 1, 2011
National-US
Primary Model

About This Property

Small house with big potential! Tranquil deep wooded yard offers room to roam.  This property is situated in a quiet established residential neighborhood near Dana & Szot parks in the Elms College area of Chicopee. This home is in need of work, but priced to sell offering a unique opportunity . Being sold well below assessed value in as-is condition. Buyer to verify with the city to insure property is suited for intended use.Please also look at mls#71178734 for additional land purchase.
Unit Size
689 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$109
Property Type
House
Property Taxes
$116
HOA Dues
-
Year Built
2013

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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: 7 months ago (MLSPIN #71138004)

Price History

Date / Event Date Event Price
Jul 29, 2011 Sold
Premium
Sold
Sep 16, 2010 Listed by Real Living Realty Professionals, LLC $74,777
Listed by Real Living Realty Professionals, LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,290
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,634
  • Total Building Area: 2,201
  • Gross Building Area: 4,002
  • Building Area: 2,201
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,201
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000772
  • 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: 810902

Zoning

  • Zoning: 2

Geography

  • Account Number: 30-00022
  • Parcel: CHIC M:0030 P:00022
  • Municipality: CHICOPEE
  • Latitude: 42.1385
  • Longitude: -72.5951

    Address

  • Full Address: 102 Gilbert Ave
  • Address - House Number: 102
  • Address - Street Name: Gilbert
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C007
  • 4-Digit Zip Code: 3455
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $557,900

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 384,021
  • High Value: 453,124
  • Low Value: 314,917

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $378,000
  • Assessed Land Value: $91,800
  • Assessed Improvements Value: $286,200

    Sales

  • Current Sale Recording Date: Jul 29, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000004
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

1746 ft²

Average Home Age

86.5 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

Unit for rent at 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 7 months ago
Data Source: MLS PIN, MLS# 71138004

Frequently Asked Questions

When was property at 102 Gilbert Avenue built and last sold?
The property at 102 Gilbert Avenue was built in 2013 and last sold on Jan 1, 1970 for $45,000.
How much is this home worth?
The estimated value of the home located at 102 Gilbert Avenue is $0.
What are some comparable homes to 102 Gilbert Avenue?
There are currently no comparable homes to 102 Gilbert Avenue.
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