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Chicopee 01013
163 Artisan
$184,000
● House - Off Market

163 Artisan

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,386 Ft²
$294,889
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

This house has been lovingly maintained by the same family for over 50+ years. Great neighborhood for walking and is located close to the Connecticut river which has trails for outdoor activity. Enter the house through the breezeway which has sliders to the patio and huge fenced in backyard and shed. Kitchen is good size nice and clean but could use some updating. Formal dining room is large enough to accommodate everyone. First floor master bedroom. First floor bathroom has had some updates and includes ceramic tiling. Upstairs has two generous sized bedrooms with large half bath. Basement is finished with an office area and rec room. Economical electric heat and utilities makes this a very cost effective home. Oversized one car garage.  House is vacant and can accommodate quick closing.
Unit Size
1,386 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$141
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1965

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 4 months ago (MLSPIN #72318165)

Price History

Date / Event Date Event Price
Jul 9, 2018 Sold
Premium
Sold
May 1, 2018 Listed by Coldwell Banker Residential Brokerage - Chicopee $194,900
Listed by Coldwell Banker Residential Brokerage - Chicopee

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 600
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,218
  • Total Building Area: 1,386
  • Gross Building Area: 3,102
  • Building Area: 1,386
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 1
  • Heated Square Feet: 1,386
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000212
  • 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: 811101

Zoning

  • Zoning: 5

Geography

  • Account Number: 525-00015
  • Parcel: CHIC M:0525 P:00015
  • Municipality: CHICOPEE
  • Latitude: 42.1831
  • Longitude: -72.6216

    Address

  • Full Address: 163 Artisan St
  • Address - House Number: 163
  • Address - Street Name: Artisan
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C017
  • 4-Digit Zip Code: 2050
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $408,000

    Appraisal Valuation

  • Standard Deviation: 0.2661
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 62
  • Final Value: 288,396
  • High Value: 365,152
  • Low Value: 211,640

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $276,400
  • Assessed Land Value: $95,000
  • Assessed Improvements Value: $181,400

    Sales

  • Current Sale Contract Date: Jun 29, 2018
  • Current Sale Recording Date: Jul 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 215052
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:

$311,500

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1728 ft²

Average Home Age

83 years

Currently For Sale

64 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 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# 72318165

Frequently Asked Questions

When was property at 163 Artisan Street built and last sold?
The property at 163 Artisan Street was built in 1965 and last sold on Jun 29, 2018 for $184,000.
How much is this home worth?
The estimated value of the home located at 163 Artisan Street is $203,450.
What are some comparable homes to 163 Artisan Street?
There are currently no comparable homes to 163 Artisan Street.
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