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Hampshire 01033
225 Chicopee St
$225,000
● House - Off Market

225 Chicopee St

Granby, MA 01033
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,030 Ft²
$217,439
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

This affordable, ranch style home offers easy, one level living with a fenced yard and it's priced well below the assessed value! There are four good sized bedrooms and 1.5 large baths, an eat in kitchen and dining room open to the living room. The home currently has some accessible features in the baths including bathroom sinks that are wheelchair accessible and grab bars. There's also an interior fire protection sprinkler system.  Live in it as it is or make cosmetic updates and turn it into your dream home!  Attention contractors, developers and builders: this home could be your next project.  Offers are due August 31, 2021 at noon.  Offers will not be reviewed before the deadline.
Unit Size
2,030 Ft²
Days on Market
-
Land Size
1.49 acres
Price per sqft
$96
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1992

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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 #72879988)

Price History

Date / Event Date Event Price
Nov 19, 2021 Sold
Premium
Sold
Aug 11, 2021 Listed by Executive Real Estate, Inc. $195,000
Listed by Executive Real Estate, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 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: 64,829
  • Total Building Area: 2,030
  • Gross Building Area: 2,298
  • Building Area: 2,030
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,030
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001488
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Granby School District
  • School Tax School District: GRANBY SD
  • Census Tract: 820900

Geography

  • District: 111
  • Parcel: GRAN M:16 B:0-A L:2-1-0
  • Block: A
  • Lot: Dec 31, 2001
  • Municipality: GRANBY
  • Latitude: 42.2451
  • Longitude: -72.4784

    Address

  • Full Address: 225 Chicopee St
  • Address - House Number: 225
  • Address - Street Name: Chicopee
  • Address - Suffix Type: St
  • State: MA
  • City Name: Granby
  • Carrier Code: R002
  • 4-Digit Zip Code: 9528
  • Zip Code: 01033

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $371,300

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 268,466
  • High Value: 324,835
  • Low Value: 212,098

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $242,200
  • Assessed Land Value: $77,100
  • Assessed Improvements Value: $165,100

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29045
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 Hampshire

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2096 ft²

Average Home Age

72.2 years

Currently For Sale

364 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72879988

Frequently Asked Questions

When was property at 225 Chicopee Street built and last sold?
The property at 225 Chicopee Street was built in 1992 and last sold on Nov 18, 2021 for $230,000.
How much is this home worth?
The estimated value of the home located at 225 Chicopee Street is $0.
What are some comparable homes to 225 Chicopee Street?
There are currently no comparable homes to 225 Chicopee Street.
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