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$265,000
● House - Off Market

20 Stearns

Chicopee, MA
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,741 Ft²
$305,566
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Beautiful Colonial with fabulous original wood details, built-ins, stained glass and hardwood floors! Even a detached garage. Set quietly in a neighborhood of fine homes and right around the corner from Elms college within the Springfield Street Historic District. This four bedroom, two bath home also features a third floor office/studio that adds lots of living space to escape, rest, or create. Comfortable nooks and crannies everywhere that include a second floor sleeping porch to settle into a good book. Many recent updates have been done including the boiler and roof so just move in and enjoy!
Unit Size
1,741 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$153
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
-

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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 years ago (MLSPIN #72849778)

Price History

Date / Event Date Event Price
Aug 27, 2021 Sold
Premium
Sold
Jun 14, 2021 Listed by HB Real Estate, LLC $267,000
Listed by HB Real Estate, LLC

Property Highlights

Garage
Parking Available
Fireplace
Interior Details
Level: First
Features: Flooring - Vinyl
Level: Second
Features: Flooring - Hardwood
Level: First
Level: Second
Level: First
Features: Flooring - Hardwood
Level: Second
Level: Third
Level: Second
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Home Office, Internet Available - Broadband
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer/Dryer, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Vinyl, Hardwood
Laundry Features: In Basement
Rooms: 8
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Full, Unfinished
Parking Details
Has Garage
Parking Features: Detached, Paved Drive, Off Street
Garage Spaces: 2
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Single Family Residence
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch, Screened
Lead Paint: Unknown
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: Res
Parcel Number: 004800011, 2496719
Water Source: Public
Financial Details
Tax Assessed Value: $192,700
Tax Annual Amount: $3,393
Utilities Details
Utilities: for Gas Range, for Electric Dryer
Cooling Type: None
Heating Type: Hot Water, Natural Gas
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, University, Sidewalks

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Currently no similar homes around
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72849778
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