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Chicopee 01013
18 Sycamore Lane
$380,000
● House - Off Market

18 Sycamore Lane

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$456,200
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

STARTING SOON AND EXPECTED OCCUPANCY SPRING 2021.  Spacious open floor plan in this home with split bedrooms, designed with today's lifestyle in mind.  The center of the home is ideal for family time and great for entertaining with living room, kitchen and dining all under a front to back cathedral ceiling.  Plentiful cabinetry with granite tops and a large island in the kitchen.  Master suite with it's own bath and walk-in closet.  There will be a finished room in the lower level which could have multiple uses - home schooling, man town, or lady cave for example!  And don't forget the 3 CAR GARAGE!  Subdivision of new homes with access to I91 and I391 just minutes away!  Get in early to make decor choices.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$229
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2021

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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 years ago (MLSPIN #72753628)

Price History

Date / Event Date Event Price
Jun 8, 2021 Sold
Premium
Sold
Nov 5, 2020 Listed by NextHome Elite Realty $389,900
Listed by NextHome Elite Realty

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,173
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,544
  • Gross Building Area: 3,080
  • Building Area: 1,544
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,544
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000440
  • 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

Geography

  • Account Number: 144-00034
  • Parcel: CHIC M:0144 P:00034
  • Municipality: CHICOPEE
  • Latitude: 42.153
  • Longitude: -72.5976

    Address

  • Full Address: 18 Sycamore Ln
  • Address - House Number: 18
  • Address - Street Name: Sycamore
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C010
  • 4-Digit Zip Code: 4400
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $608,900

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 380,569
  • High Value: 449,051
  • Low Value: 312,087

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $412,500
  • Assessed Land Value: $113,700
  • Assessed Improvements Value: $298,800

    Sales

  • Current Sale Contract Date: Jun 08, 2021
  • Current Sale Recording Date: Jun 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39199
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

$228

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1833 ft²

Average Home Age

81.2 years

Currently For Sale

59 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 years ago
Data Source: MLS PIN, MLS# 72753628

Frequently Asked Questions

When was property at 18 Sycamore Lane built and last sold?
The property at 18 Sycamore Lane was built in 2021 and last sold on Jun 8, 2021 for $380,000.
How much is this home worth?
The estimated value of the home located at 18 Sycamore Lane is $394,722.
What are some comparable homes to 18 Sycamore Lane?
There are currently no comparable homes to 18 Sycamore Lane.
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