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Chicopee 01013
157 Amherst St
$285,000
● House - Off Market

157 Amherst St

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
1 Bath
square feet
980 Ft²
$1,655
Est. Monthly

About This Property

Don't miss out on this updated Chicopee ranch! Newer gas heating system, hot water tank, electrical and living room hardwood floors all updated within the last 5 years. Easy to maintain and perfect for a first time homebuyer or for downsizing! Fenced yard with pool and pergola. Conveniently located on a dead end street in a quiet neighborhood, close to highway access, parks, schools, shopping centers and more!
Unit Size
980 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$291
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1954

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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 #73199162)

Price History

Date / Event Date Event Price
Mar 18, 2024 Sold
Premium
Sold
Feb 5, 2024 In contract -
In contract
Feb 3, 2024 Listed by Executive Real Estate, Inc. $285,000
Listed by Executive Real Estate, Inc.
Sep 24, 2015 Sold
Premium
Sold
Jul 29, 2015 Listed by Executive Real Estate, Inc. $147,900
Listed by Executive Real Estate, Inc.
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • 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: 980
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 980
  • Gross Building Area: 2,020
  • Building Area: 980
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 980
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 811102

Zoning

  • Zoning: 5

Geography

  • Account Number: 192-00016
  • Parcel: CHIC M:0192 P:00016
  • Municipality: CHICOPEE
  • Latitude: 42.1554
  • Longitude: -72.6243

    Address

  • Full Address: 157 Amherst St
  • Address - House Number: 157
  • Address - Street Name: Amherst
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C014
  • 4-Digit Zip Code: 1000
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $306,100

    Appraisal Valuation

  • Standard Deviation: 0.0875
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 92
  • Final Value: 295,971
  • High Value: 321,873
  • Low Value: 270,068

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $207,400
  • Assessed Land Value: $79,700
  • Assessed Improvements Value: $127,700

    Sales

  • Current Sale Contract Date: Mar 18, 2024
  • Current Sale Recording Date: Mar 18, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11445
  • Previous Sale Recording Date: Sep 24, 2015
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: O
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:

$310,500

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1767 ft²

Average Home Age

83.1 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
Unit for rent at 360 1/2 Tokeneke Rd, MA, 01040

$1,309 /mo

  • 2 Beds
  • 1 Bath
360 1/2 Tokeneke Rd, MA, 01040 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# 73199162

Frequently Asked Questions

When was property at 157 Amherst Street built and last sold?
The property at 157 Amherst Street was built in 1954 and last sold on Mar 18, 2024 for $285,000.
How much is this home worth?
The estimated value of the home located at 157 Amherst Street is $280,390.
What are some comparable homes to 157 Amherst Street?
There are currently no comparable homes to 157 Amherst Street.
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