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Chicopee 01020
24 Leo Drive
$237,000
● House - Off Market

24 Leo Drive

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,088 Ft²
$342,546
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Schedule your moving truck! This ranch style home on a convenient side street in Chicopee offers a newer kitchen with granite and appliances that will remain for the buyer's enjoyment. Separate dining area with sliders to the patio and private backyard makes outdoor entertaining a breeze. The first floor continues to the living room, bathrooms with newer surround, master that can accommodate a king sized bed and the 2 additional bedrooms. The partially finished basement offers great space to hang out play games or watch the game. The detached garage has an opener making getting in and out easy and convenient and the shed offers additional storage.
Unit Size
1,088 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$210
Property Type
House
Property Taxes
$268
HOA Dues
-
Year Built
1955

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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 months ago (MLSPIN #72452752)

Price History

Date / Event Date Event Price
Apr 1, 2019 Sold
Premium
Sold
Feb 13, 2019 Listed by eXp Realty $229,000
Listed by eXp Realty
Jun 30, 2015 Sold
Premium
Sold
May 6, 2015 Listed by eXp Realty $209,900
Listed by eXp Realty
Nov 16, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 496
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,832
  • Total Building Area: 1,088
  • Gross Building Area: 2,732
  • Building Area: 1,088
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,088
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000249
  • 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: 811301

Zoning

  • Zoning: 7

Geography

  • Account Number: 562-00018
  • Parcel: CHIC M:0562 P:00018
  • Municipality: CHICOPEE
  • Latitude: 42.1873
  • Longitude: -72.5807

    Address

  • Full Address: 24 Leo Dr
  • Address - House Number: 24
  • Address - Street Name: Leo
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C031
  • 4-Digit Zip Code: 2115
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $401,900

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 304,847
  • High Value: 365,796
  • Low Value: 243,899

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $272,300
  • Assessed Land Value: $109,000
  • Assessed Improvements Value: $163,300

    Sales

  • Current Sale Contract Date: Jan 28, 2019
  • Current Sale Recording Date: Apr 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15934
  • Previous Sale Recording Date: Jun 30, 2015
  • Previous Sale Amount: $209,900
  • Previous Sale Document Type: O
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

1782 ft²

Average Home Age

81.8 years

Currently For Sale

61 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72452752

Frequently Asked Questions

When was property at 24 Leo Drive built and last sold?
The property at 24 Leo Drive was built in 1955 and last sold on Jan 28, 2019 for $237,000.
How much is this home worth?
The estimated value of the home located at 24 Leo Drive is $233,069.
What are some comparable homes to 24 Leo Drive?
There are currently no comparable homes to 24 Leo Drive.
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