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Chicopee 01020
24 Laurel Street
$307,000
● House - Off Market

24 Laurel Street

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,124 Ft²
$324,558
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Beautifully maintained family home with so much more entertaining to be had and enjoyed. Needs some updating but the BONES are sturdy and "they don't make em like they used to". Bring your cosmetic updates and make this home yours. This family has enjoyed it and they are ready to share the JOY.
Unit Size
1,124 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$284
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1947

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 4 months ago (MLSPIN #73028159)

Price History

Date / Event Date Event Price
Apr 7, 2023 Sold
Premium
Sold
Mar 1, 2023 In contract -
In contract
Feb 28, 2023 Relisted $319,000
Relisted
Feb 23, 2023 No longer available -
No longer available
Aug 22, 2022 Listed by Gallagher Real Estate $319,000
Listed by Gallagher Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 718
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,124
  • Gross Building Area: 3,590
  • Building Area: 1,124
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,124
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 283-00041
  • Parcel: CHIC M:0283 P:00041
  • Municipality: CHICOPEE
  • Latitude: 42.1662
  • Longitude: -72.5898

    Address

  • Full Address: 24 Laurel St
  • Address - House Number: 24
  • Address - Street Name: Laurel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C056
  • 4-Digit Zip Code: 1442
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $445,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 307,896
  • High Value: 369,463
  • Low Value: 246,330

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $301,700
  • Assessed Land Value: $108,600
  • Assessed Improvements Value: $193,100

    Sales

  • Current Sale Contract Date: Apr 07, 2023
  • Current Sale Recording Date: Apr 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 15765
  • Previous Sale Recording Date: Oct 20, 2004
  • 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

$228

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1767 ft²

Average Home Age

83.1 years

Currently For Sale

62 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

Unit for rent at 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73028159

Frequently Asked Questions

When was property at 24 Laurel Street built and last sold?
The property at 24 Laurel Street was built in 1947 and last sold on Apr 7, 2023 for $307,000.
How much is this home worth?
The estimated value of the home located at 24 Laurel Street is $319,429.
What are some comparable homes to 24 Laurel Street?
There are currently no comparable homes to 24 Laurel Street.
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