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Chicopee 01020
111 Gelinas Drive
$158,000
● House - Off Market

111 Gelinas Drive

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,278 Ft²
$376,911
RealtyHop Estimate
125.16%
Since Oct 1, 2003
National-US
Primary Model

About This Property

6+ RM RAN. IN LOCATION CONVENIENT TO MAJOR AREA HIGHWAYS. LG. FAM. RM. W/FIELDSTONE FRPLCE. & SLIDERS TO DECK. CEDAR CLOSET.         FOYER/OFFICE OR POSSIBLE 4TH BDRM.  CENTRAL AIR. FINISHED RM IN BASEMENT. W/BAR,AG POOL & 2 C CARPORT.
Unit Size
1,278 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$131
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962

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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 years ago (MLSPIN #30730547)

Price History

Date / Event Date Event Price
Sep 5, 2003 Sold
Premium
Sold
Jun 5, 2003 Listed by Carlson GMAC Real Estate $167,400
Listed by Carlson GMAC Real Estate

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 600
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,500
  • Total Building Area: 1,278
  • Gross Building Area: 2,778
  • Building Area: 1,278
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,278
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • 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: 810602

Zoning

  • Zoning: 12

Geography

  • Account Number: 323-00045
  • Parcel: CHIC M:0323 P:00045
  • Municipality: CHICOPEE
  • Latitude: 42.1722
  • Longitude: -72.536

    Address

  • Full Address: 111 Gelinas Dr
  • Address - House Number: 111
  • Address - Street Name: Gelinas
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C050
  • 4-Digit Zip Code: 4813
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $431,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1965
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 73
  • Final Value: 305,303
  • High Value: 365,311
  • Low Value: 245,296

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $292,500
  • Assessed Land Value: $118,100
  • Assessed Improvements Value: $174,400

    Sales

  • Current Sale Recording Date: Sep 05, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 23853
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:

$310,500

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1767 ft²

Average Home Age

83.1 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

Unit for rent at 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30730547

Frequently Asked Questions

When was property at 111 Gelinas Drive built and last sold?
The property at 111 Gelinas Drive was built in 1962 and last sold on Jan 1, 1970 for $158,000.
How much is this home worth?
The estimated value of the home located at 111 Gelinas Drive is $0.
What are some comparable homes to 111 Gelinas Drive?
There are currently no comparable homes to 111 Gelinas Drive.
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