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Chicopee 01013
172 Rimmon Ave
$246,000
● House - Off Market

172 Rimmon Ave

Chicopee, MA 01013
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,371 Ft²
$242,943
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Opportunity Awaits! Charming, cozy, and full of character are what you will experience walking into this home! Conveniently located in close proximity to various amenities; including hospitals, schools, and major highways. Spacious room sizes are highlighted by beautiful hardwood floors throughout a majority of the home. Featuring 2 beds, 1.5 baths and an extremely functional layout! You will find many benefits this 1371 sq/ft home has to offer; some of which include an updated bathroom, refaced cabinets, modern light fixtures, and a 4 year old roof! Enjoy outdoor living on the back patio or quaint front porch. Call today to schedule your showing!
Unit Size
1,371 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$167
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1925

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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 #73041598)

Price History

Date / Event Date Event Price
Dec 16, 2022 Sold
Premium
Sold
Oct 4, 2022 In contract -
In contract
Sep 27, 2022 Listed by Gallagher Real Estate $229,000
Listed by Gallagher Real Estate
Sep 20, 2018 Sold
Premium
Sold
Jun 1, 2018 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 828
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,767
  • Total Building Area: 1,371
  • Gross Building Area: 2,540
  • Building Area: 1,371
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,371
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000155
  • 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: 810902

Zoning

  • Zoning: 2

Geography

  • Account Number: 23-00073
  • Parcel: CHIC M:0023 P:00073
  • Municipality: CHICOPEE
  • Latitude: 42.1358
  • Longitude: -72.5958

    Address

  • Full Address: 172 Rimmon Ave
  • Address - House Number: 172
  • Address - Street Name: Rimmon
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C007
  • 4-Digit Zip Code: 2828
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $346,100

    Appraisal Valuation

  • Standard Deviation: 0.2141
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 265,842
  • High Value: 322,771
  • Low Value: 208,913

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $234,500
  • Assessed Land Value: $83,300
  • Assessed Improvements Value: $151,200

    Sales

  • Current Sale Contract Date: Dec 16, 2022
  • Current Sale Recording Date: Dec 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 73819
  • Previous Sale Recording Date: Sep 20, 2018
  • Previous Sale Amount: $143,500
  • 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:

$310,999

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 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 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# 73041598

Frequently Asked Questions

When was property at 172 Rimmon Avenue built and last sold?
The property at 172 Rimmon Avenue was built in 1925 and last sold on Dec 16, 2022 for $246,000.
How much is this home worth?
The estimated value of the home located at 172 Rimmon Avenue is $237,771.
What are some comparable homes to 172 Rimmon Avenue?
There are currently no comparable homes to 172 Rimmon Avenue.
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