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Chicopee 01020
127 Monroe Street
$205,000
● House - Off Market

127 Monroe Street

Chicopee, MA 01020
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,676 Ft²
$392,418
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Oversized Cape style home beautifully situated on corner lot with lovely landscaping. There is so much charm in this well-built home. First floor features work-in kitchen that is open to dining area with fireplace. Expansive living room boasts hardwood flooring and fireplace with mantel.  First floor of this home also has 2 bedrooms with hardwood flooring, full bath, half bath and separate laundry room. The size of this home expands up to the second floor with 2 more bedrooms - one features an additional tandem room attached - perfect for sitting area, office or den. Large full bath on the 2nd floor and walk in attic storage area.  The partially finished basement features another fireplace and various storage rooms.  There is so much to see and appreciate in this home. Call today for a showing.
Unit Size
2,676 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$86
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1961

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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 #71909420)

Price History

Date / Event Date Event Price
May 31, 2016 Sold
Premium
Sold
Sep 21, 2015 Listed by Real Living Realty Professionals, LLC $229,777
Listed by Real Living Realty Professionals, LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 645
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 2,507
  • Gross Building Area: 5,458
  • Building Area: 2,507
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,507
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 810700

Zoning

  • Zoning: 2

Geography

  • Account Number: 86-00012
  • Parcel: CHIC M:0086 P:00012
  • Municipality: CHICOPEE
  • Latitude: 42.1496
  • Longitude: -72.5749

    Address

  • Full Address: 127 Monroe St
  • Address - House Number: 127
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C026
  • 4-Digit Zip Code: 2555
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $583,600

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 420,495
  • High Value: 496,162
  • Low Value: 344,829

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $395,400
  • Assessed Land Value: $101,300
  • Assessed Improvements Value: $294,100

    Sales

  • Current Sale Recording Date: May 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30515
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# 71909420

Frequently Asked Questions

When was property at 127 Monroe Street built and last sold?
The property at 127 Monroe Street was built in 1961 and last sold on Jan 1, 1970 for $205,000.
How much is this home worth?
The estimated value of the home located at 127 Monroe Street is $247,883.
What are some comparable homes to 127 Monroe Street?
There are currently no comparable homes to 127 Monroe Street.
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