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Chicopee 01020
116 Bostwick Ln
$340,000
● House - Off Market

116 Bostwick Ln

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,460 Ft²
$338,636
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

You will fall in love when you see this immaculate 3 bedroom 2 bath home.  Everything has been done. With a wonderful open concept, you can host your guests from all angles. The kitchen is equipped with high end stainless steel appliances, soft touch cabinets, and granite counter tops. The lower level is completely finished with access to the garage.  Enjoy the amazing deck on those beautiful fall nights. Showings begin at the open house Sunday 9/24
Unit Size
1,460 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$233
Property Type
House
Property Taxes
$323
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 #73161825)

Price History

Date / Event Date Event Price
Oct 31, 2023 Sold
Premium
Sold
Oct 4, 2023 In contract -
In contract
Sep 20, 2023 Listed by Kempf-Vanderburgh Realty Consultants, Inc. $339,900
Listed by Kempf-Vanderburgh Realty Consultants, Inc.
Jun 6, 2023 Sold
Premium
Sold
Mar 25, 2002 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 500
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 960
  • Gross Building Area: 2,588
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 1
  • Heated Square Feet: 960
  • Heating Fuel Type: 2

    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: 811200

Zoning

  • Zoning: 7

Geography

  • Account Number: 538-00050
  • Parcel: CHIC M:0538 P:00050
  • Municipality: CHICOPEE
  • Latitude: 42.1865
  • Longitude: -72.5686

    Address

  • Full Address: 116 Bostwick Ln
  • Address - House Number: 116
  • Address - Street Name: Bostwick
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C032
  • 4-Digit Zip Code: 3973
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $409,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2074
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 71
  • Final Value: 303,434
  • High Value: 366,394
  • Low Value: 240,473

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $277,300
  • Assessed Land Value: $108,600
  • Assessed Improvements Value: $168,700

    Sales

  • Current Sale Contract Date: Oct 31, 2023
  • Current Sale Recording Date: Oct 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 51891
  • Previous Sale Recording Date: Jun 06, 2023
  • Previous Sale Contract Date: Jun 02, 2023
  • Previous Sale Amount: $204,000
  • Previous Sale Document Type: 71
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

1749 ft²

Average Home Age

82.5 years

Currently For Sale

66 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# 73161825

Frequently Asked Questions

When was property at 116 Bostwick Lane built and last sold?
The property at 116 Bostwick Lane was built in 1963 and last sold on Oct 31, 2023 for $340,000.
How much is this home worth?
The estimated value of the home located at 116 Bostwick Lane is $345,077.
What are some comparable homes to 116 Bostwick Lane?
There are currently no comparable homes to 116 Bostwick Lane.
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