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Chicopee 01020
107 Mandalay Road
$227,500
● House - Off Market

107 Mandalay Road

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,202 Ft²
$364,244
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

New is the word...kitchen, siding, roof (<5 years), newer boiler, hot water, patio...  Check out the updates in this sunlit split level home in the Fairview area.  Large living room with lovely hardwood floors and fireplace open to the spacious kitchen with massive island and stainless steel appliances.  Upper level features hardwood floors throughout the 2 bedrooms and a master suite with master bath. Finished space in basement could be a 4th bedroom or extra living space with a 1/2 bath. Sliders off the kitchen step out onto patio in the level, fenced back yard.  The oversize 2 car garage has door openers and room for extra storage.  Easy access to Westover AFB or the MassPike.  Quick closing possible.  Ready for you to move in!
Unit Size
1,202 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$200
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
1957

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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: 4 months ago (MLSPIN #72375831)

Price History

Date / Event Date Event Price
Nov 19, 2018 Sold
Premium
Sold
Aug 8, 2018 Listed by Bean Group $240,000
Listed by Bean Group
Dec 18, 2015 Sold
Premium
Sold
Oct 13, 2015 Listed by Bean Group $169,900
Listed by Bean Group

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • 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: 300
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,202
  • Gross Building Area: 2,404
  • Building Area: 1,202
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,202
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 634-00001
  • Parcel: CHIC M:0634 P:00001
  • Municipality: CHICOPEE
  • Latitude: 42.1961
  • Longitude: -72.5652

    Address

  • Full Address: 107 Mandalay Rd
  • Address - House Number: 107
  • Address - Street Name: Mandalay
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C020
  • 4-Digit Zip Code: 3925
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $500,500

    Appraisal Valuation

  • Standard Deviation: 0.1971
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 337,268
  • High Value: 403,752
  • Low Value: 270,784

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $339,100
  • Assessed Land Value: $108,600
  • Assessed Improvements Value: $230,500

    Sales

  • Current Sale Recording Date: Nov 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 69198
  • Previous Sale Recording Date: Dec 18, 2015
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 35
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

$228

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1787 ft²

Average Home Age

81.1 years

Currently For Sale

62 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: 4 months ago
Data Source: MLS PIN, MLS# 72375831

Frequently Asked Questions

When was property at 107 Mandalay Road built and last sold?
The property at 107 Mandalay Road was built in 1957 and last sold on Jan 1, 1970 for $232,500.
How much is this home worth?
The estimated value of the home located at 107 Mandalay Road is $242,154.
What are some comparable homes to 107 Mandalay Road?
There are currently no comparable homes to 107 Mandalay Road.
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