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Chicopee 01013
16 Lawrence Road
$197,000
● House - Off Market

16 Lawrence Road

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,400 Ft²
$236,136
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Rare to find Condex in Chicopee!! NO CONDO FEES!!  This 3 bedroom single family Vinyl Condex has a beautiful brand new kitchen with new cabinets, granite counter tops and all new appliances that remain.  Dining area in Kitchen.  Huge Living room freshly painted with closet.  3 Bedrooms.   Enclosed front and back porch.   Fenced yard and garage with new roof!  Nothing to do but move in!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$136
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1905

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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: 5 years ago (MLSPIN #72767456)

Price History

Date / Event Date Event Price
Mar 16, 2021 Sold
Premium
Sold
Dec 16, 2020 Listed by Keller Williams Realty $189,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 700
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,400
  • Gross Building Area: 2,192
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 811000

Zoning

  • Zoning: 3

Geography

  • Account Number: 168-00009
  • Parcel: CHIC M:0168 P:00009
  • Municipality: CHICOPEE
  • Latitude: 42.1546
  • Longitude: -72.6071

    Address

  • Full Address: 16 Lawrence Rd
  • Address - House Number: 16
  • Address - Street Name: Lawrence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C014
  • 4-Digit Zip Code: 3237
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $311,300

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 245,324
  • High Value: 297,020
  • Low Value: 193,628

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $210,900
  • Assessed Land Value: $61,800
  • Assessed Improvements Value: $149,100

    Sales

  • Current Sale Contract Date: Mar 16, 2021
  • Current Sale Recording Date: Mar 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17911
  • Previous Sale Recording Date: Jun 25, 2008
  • Previous Sale Document Type: 27
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:

$310,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1710 ft²

Average Home Age

88 years

Currently For Sale

84 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: 5 years ago
Data Source: MLS PIN, MLS# 72767456

Frequently Asked Questions

When was property at 16 Lawrence Road built and last sold?
The property at 16 Lawrence Road was built in 1905 and last sold on Mar 16, 2021 for $197,000.
How much is this home worth?
The estimated value of the home located at 16 Lawrence Road is $0.
What are some comparable homes to 16 Lawrence Road?
There are currently no comparable homes to 16 Lawrence Road.
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