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Chicopee 01020
115 Old Farm Rd
$145,000
● House - Off Market

115 Old Farm Rd

Chicopee, MA 01020
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$233,898
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

Start your next chapter in a efficient 2 bedroom, 1 bathroom house located on a dead end loop. The ranch home has plenty of space for the first time home buyer or someone looking to downsize. The rooms have a generous amount of square footage. The backyard is up against a wooded lot, so the views will take you to a place of serenity and relaxation. The newer boiler (2009) will keep you warm all winter long. Also included is the new vinyl shed. Vacant and easy to see!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$148
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1963

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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 #72269666)

Price History

Date / Event Date Event Price
Feb 15, 2018 Sold
Premium
Sold
Jan 10, 2018 Listed by BKaye Realty $149,500
Listed by BKaye Realty
Apr 6, 2015 Sold
Premium
Sold
Dec 15, 1998 Sold
Premium
Sold
Nov 6, 1998 Listed by Realty World Authier $89,900
Listed by Realty World Authier
NICE 5 ROOM, 3 BEDROOM BRICK RANCH ON QUIET STREET WITH NICE YARD AND WOOD. WALK OUT BASEMENT. HARDWOOD FLOORS.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 252
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,666
  • Total Building Area: 1,008
  • Gross Building Area: 2,136
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 30513-B
  • Land Acres: 0000000291
  • 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: 811301

Zoning

  • Zoning: 7

Geography

  • Account Number: 631-00002
  • Parcel: CHIC M:0631 P:00002
  • Municipality: CHICOPEE
  • Latitude: 42.1964
  • Longitude: -72.5789

    Address

  • Full Address: 115 Old Farm Rd
  • Address - House Number: 115
  • Address - Street Name: Old Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C020
  • 4-Digit Zip Code: 3060
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $359,100

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 278,185
  • High Value: 328,243
  • Low Value: 228,126

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $243,300
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $133,300

    Sales

  • Current Sale Contract Date: Feb 06, 2018
  • Current Sale Recording Date: Feb 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 213589
  • Previous Sale Recording Date: Apr 06, 2015
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: O
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

1782 ft²

Average Home Age

81.8 years

Currently For Sale

61 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# 72269666

Frequently Asked Questions

When was property at 115 Old Farm Road built and last sold?
The property at 115 Old Farm Road was built in 1963 and last sold on Feb 6, 2018 for $145,000.
How much is this home worth?
The estimated value of the home located at 115 Old Farm Road is $154,922.
What are some comparable homes to 115 Old Farm Road?
There are currently no comparable homes to 115 Old Farm Road.
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