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$67,200
● Multifamily - Off Market

13 Forest

Chicopee, MA
bedrooms
3 Beds
bathrooms
0 Bath
$259,178
RealtyHop Estimate
281.14%
Since Dec 1, 1995
National-US
Primary Model

About This Property

2 FAMILY IN VERY NICE CONDITION MANY UPDATED FEATURES UNIQUE SECOND FLOOR NEWER ROOF BOILER GUTTERS SEE LIST FOR IMPROVEMENTS.
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$119
HOA Dues
-
Year Built
-

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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 years ago (MLSPIN #30037044)

Price History

Date / Event Date Event Price
Nov 22, 1995 Sold
Premium
Sold
Mar 28, 1995 Listed by The Pioneer Group $68,000
Listed by The Pioneer Group

Property Highlights

Parking Available
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street
Garage Spaces: 3
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Storage, Square), Unit 2(Storage, Studio), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Disposal, Refrigerator), Unit 2(Range, Refrigerator), Oil Water Heater, Tank Water Heaterless, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Varies Per Unit
Laundry Features: Washer Hookup
Rooms: 7
Basement: Full, Interior Entry, Bulkhead, Concrete
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Owner
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch, Enclosed
Lead Paint: Unknown
Lot Size Area: 0.16
Lot Size Units: Acres
Lot Size Acres: 0.16
Zoning: RES B
Parcel Number: 2509828
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $107,700
Tax Annual Amount: $1,424
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Central Heat, Hot Water Baseboard, Steam, Electric, Common, Unit Control), Unit 2(Central Heat, Hot Water Baseboard, Steam, Electric, Common)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Sidewalks

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30037044
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