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Chicopee 01020
114 Caddyshack Drive (Lot 14)
$688,000
● House - Off Market

114 Caddyshack Drive (Lot 14)

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,658 Ft²
$781,017
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

NEW CONSTRUCTION, TO BE BUILT on 1.75 acre lot 14 on Caddyshack Drive.  One of the last lots available on Caddyshack.  Borders the 10th hole of Chicopee Country Club, the largest frontage available on the coarse.  This open floor plan ranch has three bedrooms and 2 baths with a two car garage.  It has a master suite along with laundry/mud room, formal dining room, study, vaulted family and kitchen, has two additional bedrooms, a full bath.  Can be built to spec or customized to fit your needs.   Additional plans available or bring your own.  House and lot sold as a package. Prices vary by plan.  Lot is gently sloping, cleared, and ready to build on.
Unit Size
2,658 Ft²
Days on Market
-
Land Size
1.75 acres
Price per sqft
$259
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2021

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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 years ago (MLSPIN #72470961)

Price History

Date / Event Date Event Price
Sep 24, 2021 Sold
Premium
Sold
Mar 26, 2019 Listed by Coldwell Banker Community REALTORS® $688,000
Listed by Coldwell Banker Community REALTORS®

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 76,230
  • Total Building Area: 2,599
  • Gross Building Area: 5,869
  • Building Area: 2,599
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,599
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001750
  • 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: 95

Geography

  • Account Number: 438-00003
  • Parcel: CHIC M:0438 P:00003
  • Municipality: CHICOPEE
  • Latitude: 42.1817
  • Longitude: -72.5219

    Address

  • Full Address: 114 Caddyshack Dr
  • Address - House Number: 114
  • Address - Street Name: Caddyshack
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C029
  • 4-Digit Zip Code: 4645
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,116,000

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 567,485
  • High Value: 699,365
  • Low Value: 435,604

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $756,100
  • Assessed Land Value: $163,300
  • Assessed Improvements Value: $592,800

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Sep 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 67658
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

1723 ft²

Average Home Age

88.1 years

Currently For Sale

89 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: 5 years ago
Data Source: MLS PIN, MLS# 72470961

Frequently Asked Questions

When was property at 114 Caddyshack Drive built and last sold?
The property at 114 Caddyshack Drive was built in 2021 and last sold on Sep 22, 2021 for $688,000.
How much is this home worth?
The estimated value of the home located at 114 Caddyshack Drive is $0.
What are some comparable homes to 114 Caddyshack Drive?
There are currently no comparable homes to 114 Caddyshack Drive.
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