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Chicopee 01020
183 Blanchard St
$420,000
● House - Off Market

183 Blanchard St

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,698 Ft²
$411,462
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Move in ready Executive Ranch in a highly sought after location in Fairview. Impeccable condition with hardwood floors, large kitchen with granite counters, dining room with vaulted ceiling, huge great room with cathedral ceilings and skylights over looking the private, professionally landscaped grounds, patio, pergola and beautiful screened in gazebo.  Finished walk out basement with wood stove and bonus room.  Other features include brand new central AC installed Sept 2022, private well for irrigation system, large 2 car garage, storage shed, central vac, ceiling fans and much more!  All showings deferred to the Open House on October 2 10AM - 12PM.
Unit Size
1,698 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$230
Property Type
House
Property Taxes
$449
HOA Dues
-
Year Built
1987

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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 #73040804)

Price History

Date / Event Date Event Price
Nov 16, 2022 Sold
Premium
Sold
Oct 6, 2022 In contract -
In contract
Sep 25, 2022 Listed by Gallagher Real Estate $389,900
Listed by Gallagher Real Estate
Dec 5, 2018 Sold
Premium
Sold
Jul 24, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 1,378
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,434
  • Total Building Area: 1,698
  • Gross Building Area: 4,047
  • Building Area: 1,698
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 1
  • Heated Square Feet: 1,698
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000354
  • 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: 811302

Zoning

  • Zoning: 7

Geography

  • Account Number: 693-0001C
  • Parcel: CHIC M:0693 P:0001C
  • Municipality: CHICOPEE
  • Latitude: 42.2042
  • Longitude: -72.5619

    Address

  • Full Address: 183 Blanchard St
  • Address - House Number: 183
  • Address - Street Name: Blanchard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C042
  • 4-Digit Zip Code: 4219
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $615,300

    Appraisal Valuation

  • Standard Deviation: 0.1951
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 415,909
  • High Value: 497,060
  • Low Value: 334,758

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $416,900
  • Assessed Land Value: $111,600
  • Assessed Improvements Value: $305,300

    Sales

  • Current Sale Contract Date: Nov 15, 2022
  • Current Sale Recording Date: Nov 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 67629
  • Previous Sale Recording Date: Dec 05, 2018
  • Previous Sale Contract Date: Dec 03, 2018
  • Previous Sale Amount: $300,000
  • 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:

$310,000

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1782 ft²

Average Home Age

81.8 years

Currently For Sale

61 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73040804

Frequently Asked Questions

When was property at 183 Blanchard Street built and last sold?
The property at 183 Blanchard Street was built in 1987 and last sold on Nov 15, 2022 for $420,000.
How much is this home worth?
The estimated value of the home located at 183 Blanchard Street is $398,598.
What are some comparable homes to 183 Blanchard Street?
There are currently no comparable homes to 183 Blanchard Street.
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