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Chicopee 01013
116 Champagne Ave
$184,000
● House - Off Market

116 Champagne Ave

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$320,597
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Meticulously kept 3 br ranch in Sandy Hill area of Chicopee. Gleaming hardwood floors throughout. Large floor to ceiling windows in the living room, replacement windows in all rooms. Kitchen with newer countertop with lots of work area, refinished cabinets, new vinyl floor. Refrigerator and electric range included.3 Large bedrooms, two with double size closets. Bathroom with ceramic tile walls and floor. Newer vanity sink, and access to the large linen closet in the hallway. Large basement with laundry area, washer and gas dryer included,  and set tub, sump pump, and updated electric panel. Detached oversized one car garage with electricity. House is vinyl sided for easy maintenance. Fenced rear yard.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$180
Property Type
House
Property Taxes
$211
HOA Dues
-
Year Built
1958

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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 #72016249)

Price History

Date / Event Date Event Price
Sep 29, 2016 Sold
Premium
Sold
Jun 2, 2016 Listed by Coldwell Banker Residential Brokerage - Chicopee $189,900
Listed by Coldwell Banker Residential Brokerage - Chicopee
Nov 3, 2009 Sold
Premium
Sold
Jul 1, 2009 Listed by Coldwell Banker Residential Brokerage - Chicopee $179,900
Listed by Coldwell Banker Residential Brokerage - Chicopee

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,056
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,132
  • Total Building Area: 1,056
  • Gross Building Area: 2,112
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000256
  • 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: 811000

Zoning

  • Zoning: 3

Geography

  • Account Number: 197-00022
  • Parcel: CHIC M:0197 P:00022
  • Municipality: CHICOPEE
  • Latitude: 42.158
  • Longitude: -72.6033

    Address

  • Full Address: 116 Champagne Ave
  • Address - House Number: 116
  • Address - Street Name: Champagne
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C010
  • 4-Digit Zip Code: 3311
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $369,400

    Appraisal Valuation

  • Standard Deviation: 0.2019
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 284,674
  • High Value: 342,157
  • Low Value: 227,191

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $250,300
  • Assessed Land Value: $109,200
  • Assessed Improvements Value: $141,100

    Sales

  • Current Sale Recording Date: Sep 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57997
  • Previous Sale Recording Date: Nov 03, 2009
  • Previous Sale Amount: $172,000
  • Previous Sale Document Type: 27
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

$227

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

Unit for rent at 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72016249

Frequently Asked Questions

When was property at 116 Champagne Avenue built and last sold?
The property at 116 Champagne Avenue was built in 1958 and last sold on Jan 1, 1970 for $184,000.
How much is this home worth?
The estimated value of the home located at 116 Champagne Avenue is $194,623.
What are some comparable homes to 116 Champagne Avenue?
There are currently no comparable homes to 116 Champagne Avenue.
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