140 South St.
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2023 | No longer available | - | |
| No longer available | |||
| May 31, 2023 | Price Decreased |
$234,900
↓ $3K
(1.3%) | |
| Price Decreased | |||
| Jan 30, 2023 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $237,900 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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Looking to add a rental property to your portfolio? This single family home has 4 Bedrooms and 1.5 baths and may just be the addition you're looking for! Located in the center of Chicopee this property is on the bus line and is less than 1 mile from the highway making commuting convenient for your tenants. The home is currently occupied by a long time tenant with a lease end date of 6/30/23. Features of this home include a newer water boiler and hot water tank (2019 APO), it also has a side yard and off street parking. See details on how to view this home, please do not disturb tenants.
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| Feb 8, 2019 | Sold | ||
| Sold | |||
| Nov 3, 2018 | No longer available | - | |
| No longer available | |||
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