$90,000
●
Condo -
Off Market
131 Colonial Circle #A
Chicopee, MA 01020
1 Bed
1 Bath
720 Ft²
$139,235
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
Fabulous one bedroom first floor condo conveniently located near
major highways, dining and shopping. This spacious, move in
ready unit is completely updated and painted. Large eat in
kitchen with newer appliances, counter tops and wood cabinets.
Gleaming hardwood floors. Plenty of closet/storage
space. Laundry and extra storage unit in the building,
assigned off street parking and extra guest parking spots.
Immaculate outdoor space, gazebo and in-ground swimming pool
for your Summer enjoyment. Condo fee includes heat, hot
water, water and sewer. Easy to show
Unit Size
720 Ft²
Days on Market
-
Land Size
-
Price per sqft
$132
Property Type
Condo
Property Taxes
$110
HOA Dues
$259
Year Built
-
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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 #72506077)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2019 | Sold | ||
| Sold | |||
| May 24, 2019 | Listed by Real Living Realty Professionals, LLC | $95,000 | |
| Listed by Real Living Realty Professionals, LLC | |||
| May 1, 2019 | Sold | ||
| Sold | |||
| Jul 18, 2013 | Sold | ||
| Sold | |||
| May 8, 2013 | Listed by RE/MAX Compass | $59,900 | |
| Listed by RE/MAX Compass | |||
| | |||
|
Huge opportunity for someone to move right into this meticulously maintained 1 bedroom condominium. With historically low rates you can own for less than paying rent.! Condo fee includes heat and hot water. Condominium project is FHA approved.
| |||
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Property Highlights
Parking Available
Parking Details
Parking Features: Off Street, Assigned
Interior Details
Full Bathrooms: 1
Flooring Type: Hardwood
Laundry Features: In Basement
Rooms: 3
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 720
Year Built Source: Public Records
Year Built: 1960
Building Name: Pioneer Valley Condominiums
Building Area Total: 720
Building Area Units: Square Feet
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $72,300
Tax Annual Amount: $1,324
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Heat, Road Maintenance
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Storage
HOA Fee: $259
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/23/2022
|
1 Bed
|
1 Bath
|
745 ft²
|
$119,900
1 Bed
1 Bath
745 ft²
|
$125,000
+4.25%
04/28/2022
|
Vicente Acevedo
1 Worcester Homes
| |
|
03/27/2020
|
1 Bed
|
1 Bath
|
745 ft²
|
$93,000
1 Bed
1 Bath
745 ft²
|
$100,000
+7.53%
09/02/2020
|
Teresa Kubacka
Lamacchia Realty, Inc.
| |
|
05/24/2019
|
1 Bed
|
1 Bath
|
720 ft²
|
$95,000
1 Bed
1 Bath
720 ft²
|
$90,000
-5.26%
09/30/2019
|
The Ashton, Gallagher, Ag & Bloom Team
Gallagher Real Estate
| |
|
05/08/2013
|
1 Bed
|
1 Bath
|
720 ft²
|
$59,900
1 Bed
1 Bath
720 ft²
|
$57,500
-4.01%
07/18/2013
|
Suzanne Bergeron
MerryFox Realty
| |
|
07/12/2005
|
1 Bed
|
1 Bath
|
720 ft²
|
$87,900
1 Bed
1 Bath
720 ft²
|
$87,900
08/22/2005
|
Edward Alford
Advanced Global Realty
| |
|
06/09/2005
|
1 Bed
|
1 Bath
|
745 ft²
|
$86,000
1 Bed
1 Bath
745 ft²
|
$84,000
-2.33%
10/21/2005
|
Sandy Wentworth
| |
|
10/07/2003
|
1 Bed
|
1 Bath
|
745 ft²
|
$59,900
1 Bed
1 Bath
745 ft²
|
$58,000
-3.17%
12/31/2003
|
Sandy Wentworth Miller
Jones Group REALTORS®
|
Building Info
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