20 Gilbert Avenue
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2025 | Sold | ||
| Sold | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
| Aug 26, 2025 | Listed by Naples Realty Group | $345,000 | |
| Listed by Naples Realty Group | |||
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Welcome to 20 Gilbert Ave in Chicopee—a beautifully maintained Colonial built in 2006 that offers modern comfort and classic charm. Situated on a level, landscaped lot with inviting curb appeal, this home features an open and functional layout perfect for today’s lifestyle. The first floor boasts a spacious living room with hardwood floors, a bright dining area, and a well-appointed kitchen with tile flooring and ample cabinetry. A convenient half bath and laundry room complete the main level. Upstairs, you’ll find a generous primary suite with a walk-in closet and private full bath, along with two additional bedrooms and a second full bathroom. The full basement offers plenty of storage and potential for future living space. With central air, gas heat, a hybrid hot water heater, and fresh interior paint throughout, this move-in ready home checks all the boxes. Located in a near Elms College, schools, parks, and commuter routes—this is a must-see! OPEN HOUSE 8/30 10:30AM-12PM.
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| Oct 27, 2022 | Sold | ||
| Sold | |||
| Sep 27, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017