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Chicopee 01020
181 Wheatland Ave
$245,000
● House - Off Market

181 Wheatland Ave

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath
square feet
948 Ft²
$261,490
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Welcome home to this cozy ranch close to the park!  This 3 bed home features hardwood floors in several rooms, a fully fenced yard and a corner lot.  The kitchen opens to the living room, making entertaining easy and fun.  A full basement holds potential to be finished to your liking.  The large, detached garage offers a perfect spot for extra storage and to keep your cars out of those cold New England winters.  A storage shed is the perfect place for all of your yard essentials.  Just steps from Szot Park and all it has to offer.  This charming home is not to be missed!
Unit Size
948 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$264
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1949

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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 months ago (MLSPIN #73002706)

Price History

Date / Event Date Event Price
Oct 12, 2022 Sold
Premium
Sold
Jul 8, 2022 Listed by Coldwell Banker Realty - Longmeadow $249,900
Listed by Coldwell Banker Realty - Longmeadow

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 379
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,595
  • Total Building Area: 948
  • Gross Building Area: 1,931
  • Building Area: 948
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 948
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000243
  • 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: 810800

Zoning

  • Zoning: 2

Geography

  • Account Number: 53-00009
  • Parcel: CHIC M:0053 P:00009
  • Municipality: CHICOPEE
  • Latitude: 42.1449
  • Longitude: -72.5835

    Address

  • Full Address: 181 Wheatland Ave
  • Address - House Number: 181
  • Address - Street Name: Wheatland
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C022
  • 4-Digit Zip Code: 1747
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $329,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2722
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 254,364
  • High Value: 323,617
  • Low Value: 185,111

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $223,500
  • Assessed Land Value: $99,000
  • Assessed Improvements Value: $124,500

    Sales

  • Current Sale Contract Date: Oct 12, 2022
  • Current Sale Recording Date: Oct 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60963
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

1742 ft²

Average Home Age

84.2 years

Currently For Sale

66 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: 5 months ago
Data Source: MLS PIN, MLS# 73002706

Frequently Asked Questions

When was property at 181 Wheatland Avenue built and last sold?
The property at 181 Wheatland Avenue was built in 1949 and last sold on Oct 12, 2022 for $245,000.
How much is this home worth?
The estimated value of the home located at 181 Wheatland Avenue is $251,035.
What are some comparable homes to 181 Wheatland Avenue?
There are currently no comparable homes to 181 Wheatland Avenue.
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