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Longmeadow 01106
16 Chatham Rd
$365,000
● House - Off Market

16 Chatham Rd

Longmeadow, MA 01106
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,625 Ft²
$640,121
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Colonial charm is found in one of Longmeadow's favorite neighborhoods.  Features include:  East Longmeadow brownstone facade, classic center hall with formal living  and dining rooms, crown moldings, and hardwood floors with mahogany inlay borders.  There is a custom granite kitchen and a family room with a stone fireplace and cathedral ceiling. A walk-up attic offers extra storage and the basement attracts with a large game room and wet bar.
Unit Size
2,625 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$144
Property Type
House
Property Taxes
$662
HOA Dues
-
Year Built
1931

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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: 6 months ago (MLSPIN #72007951)

Price History

Date / Event Date Event Price
Aug 30, 2016 Sold
Premium
Sold
May 16, 2016 Listed by Coldwell Banker Residential Brokerage - Longmeadow $379,000
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Aug 13, 2009 Sold
Premium
Sold
Apr 14, 2009 Listed by Coldwell Banker Residential Brokerage - Longmeadow $389,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,122
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,990
  • Total Building Area: 2,557
  • Gross Building Area: 4,897
  • Building Area: 2,557
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,557
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000183
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Longmeadow School District
  • School Tax School District: LONGMEADOW SD
  • Census Tract: 813303

Zoning

  • Zoning: RA1

Geography

  • Parcel: LONG M:0138 B:0009 L:0002
  • Block: 9
  • Lot: 2
  • Municipality: LONGMEADOW
  • Latitude: 42.0674
  • Longitude: -72.573

    Address

  • Full Address: 16 Chatham Rd
  • Address - House Number: 16
  • Address - Street Name: Chatham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Longmeadow
  • Carrier Code: C023
  • 4-Digit Zip Code: 1204
  • Zip Code: 01106

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $987,900

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 516,623
  • High Value: 613,449
  • Low Value: 419,797

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $477,700
  • Assessed Land Value: $204,500
  • Assessed Improvements Value: $273,200

    Sales

  • Current Sale Recording Date: Aug 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51128
  • Previous Sale Recording Date: Aug 13, 2009
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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 Longmeadow

Stats & Trends

Median Asking:

$529,450

Sale Price/ft²

$254

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2868 ft²

Average Home Age

73 years

Currently For Sale

31 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72007951

Frequently Asked Questions

When was property at 16 Chatham Road built and last sold?
The property at 16 Chatham Road was built in 1931 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 16 Chatham Road is $395,774.
What are some comparable homes to 16 Chatham Road?
There are currently no comparable homes to 16 Chatham Road.
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