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$85,000
● Condo - Off Market

24 Fredette #24

Chicopee, MA
bedrooms
2 Beds
bathrooms
1 Bath
square feet
801 Ft²
$213,518
RealtyHop Estimate
129.84%
Since Dec 1, 2011
National-US
Primary Model

About This Property

Immediate Occupancy! Great 2 br end unit. Kitchen w/breakfast area, updated bath, private patio & the garage is just a few steps away.
Unit Size
801 Ft²
Days on Market
-
Land Size
-
Price per sqft
$116
Property Type
Condo
Property Taxes
$128
HOA Dues
$222
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: 4 years ago (MLSPIN #71164706)

Price History

Date / Event Date Event Price
Nov 8, 2011 Sold
Premium
Sold
Nov 20, 2010 Listed by HB Real Estate, LLC $92,900
Listed by HB Real Estate, LLC

Property Highlights

Garage
Parking Available
Interior Details
Level: First
Features: Dining Area
Level: First
Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
Features: Bathroom - Full
Level: First
Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
Level: First
Level: First
Features: Flooring - Wall to Wall Carpet
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Vinyl, Carpet
Laundry Features: Main Level, First Floor
Rooms: 4
Basement: N
Parking Details
Has Garage
Parking Features: Detached, Garage Door Opener, Off Street, Assigned
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Ridgewood Village
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Patio
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: res
Parcel Number: 2499859
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $112,800
Tax Annual Amount: $1,537
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Trash
HOA/Condo/Coop Amenities: Pool, Tennis Court(s), Clubroom
HOA Fee: $222
Community Features: Public Transportation, Shopping, Pool
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - On Site

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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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71164706
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