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Chicopee 01020
235 Montgomery St
$229,000
● House - Off Market

235 Montgomery St

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,918 Ft²
$188,484
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Centrally located ranch-style home with plenty of sweat equity available.  Large Living Room with hardwood floors and picture window.  Eat-in Kitchen with peninsula and four burner double oven range. Two Bedrooms on the main level, both with Hardwood floors.  Three-season porch with a wood-burning stove for year-round enjoyment.  The Lower level features a Heated Family Room, Full Bathroom, Bedroom, and laundry area.  Large level, almost 1/2 acre lot.  Thermo-pane windows and central air. HIGHEST AND BEST BY MONDAY 6/19 10am
Unit Size
1,918 Ft²
Days on Market
-
Land Size
-
Price per sqft
$99
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
1954

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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 #73125889)

Price History

Date / Event Date Event Price
Jul 25, 2023 Sold
Premium
Sold
Jun 20, 2023 In contract -
In contract
Jun 16, 2023 Listed by Coldwell Banker Realty - Western MA $189,000
Listed by Coldwell Banker Realty - Western MA
May 19, 2006 Sold
Premium
Sold
Apr 7, 2006 Listed by Coldwell Banker Realty - Western MA $187,000
Listed by Coldwell Banker Realty - Western MA
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 4
  • 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: 978
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,146
  • Total Building Area: 959
  • Gross Building Area: 2,423
  • Building Area: 959
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 959
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000462
  • 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: 810601

Zoning

  • Zoning: 6

Geography

  • Account Number: 284-00030
  • Parcel: CHIC M:0284 P:00030
  • Municipality: CHICOPEE
  • Latitude: 42.1664
  • Longitude: -72.5851

    Address

  • Full Address: 235 Montgomery St
  • Address - House Number: 235
  • Address - Street Name: Montgomery
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C054
  • 4-Digit Zip Code: 1910
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $375,800

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 262,687
  • High Value: 318,440
  • Low Value: 206,934

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $254,600
  • Assessed Land Value: $114,300
  • Assessed Improvements Value: $140,300

    Sales

  • Current Sale Contract Date: Jul 25, 2023
  • Current Sale Recording Date: Jul 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 34147
  • Previous Sale Recording Date: May 19, 2006
  • Previous Sale Amount: $183,500
  • Previous Sale Document Type: 27
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

1741 ft²

Average Home Age

84.9 years

Currently For Sale

69 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: 5 months ago
Data Source: MLS PIN, MLS# 73125889

Frequently Asked Questions

When was property at 235 Montgomery Street built and last sold?
The property at 235 Montgomery Street was built in 1954 and last sold on Jul 25, 2023 for $229,000.
How much is this home worth?
The estimated value of the home located at 235 Montgomery Street is $210,200.
What are some comparable homes to 235 Montgomery Street?
There are currently no comparable homes to 235 Montgomery Street.
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