For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Hampden
240 Chapin Street
$400,000
● House - Off Market

240 Chapin Street

Ludlow, MA 01056
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,800 Ft²
$440,453
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

TO BE BUILT!  Get in on the ground floor and pick the colors you would like for the siding, deck, bathroom tile and more! Great opportunity to make a new home custom to your liking. Wonderful open floor plan with Cathedral ceilings on the main level, two large bedrooms, plus a Master Ensuite. Gleaming hardwood floors throughout with French Doors opening to a large deck off the Dining Room. Two full tile baths, with a 1/2 bath in the Lower level laundry.  Lower level is also finished with a wood laminate Flooring in the Family Room and Home Office.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$219
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72735065)

Price History

Date / Event Date Event Price
Nov 1, 2021 Sold
Premium
Sold
Sep 30, 2020 Listed by Home Equity Assets Realty, LLC $395,000
Listed by Home Equity Assets Realty, LLC
Jun 30, 2020 Sold
Premium
Sold
Jul 14, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 15,309
  • Total Building Area: 1,914
  • Building Area: 1,914
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,914
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000351
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ludlow School District
  • School Tax School District: LUDLOW SD
  • Census Tract: 810404

Geography

  • Account Number: 2159
  • District: 161
  • Parcel: LUDL M:27A B:3650 P:186A
  • Block: 3650
  • Municipality: LUDLOW
  • Latitude: 42.1602
  • Longitude: -72.448

    Address

  • Full Address: 240 Chapin St
  • Address - House Number: 240
  • Address - Street Name: Chapin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ludlow
  • Carrier Code: C014
  • 4-Digit Zip Code: 3717
  • Zip Code: 01056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $799,800

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 459,241
  • High Value: 546,353
  • Low Value: 372,129

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $442,100
  • Assessed Land Value: $76,900
  • Assessed Improvements Value: $365,200

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77393
  • Previous Sale Recording Date: Jun 30, 2020
  • Previous Sale Contract Date: Jun 26, 2020
  • Previous Sale Amount: $25,000
  • 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 Hampden

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

55

Average Home Size

2069 ft²

Average Home Age

80.2 years

Currently For Sale

878 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: 5 years ago
Data Source: MLS PIN, MLS# 72735065

Frequently Asked Questions

When was property at 240 Chapin Street built and last sold?
The property at 240 Chapin Street was built in 2020 and last sold on Oct 29, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 240 Chapin Street is $0.
What are some comparable homes to 240 Chapin Street?
There are currently no comparable homes to 240 Chapin Street.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Ludlow Homes for Sale
Ludlow Houses for Sale
Ludlow Condos for Sale
Ludlow Multifamily for Sale
Ludlow Land for Sale
Ludlow Commercial for Sale
Ludlow Homes with Basements
Ludlow Homes with Pools
Nearby Cities
Springfield Homes for Sale
Chicopee Homes for Sale
West Springfield Town Homes for Sale
Holyoke Homes for Sale
Palmer Town Homes for Sale
Wilbraham Homes for Sale
Belchertown Homes for Sale
Monson Center Homes for Sale
Nearby Property Records
Hampden County, MA Property Records
Hampshire County, MA Property Records
Tolland County, CT Property Records
Franklin County, MA Property Records
Hartford County, CT Property Records
Windham County, CT Property Records
Worcester County, MA Property Records
Berkshire County, MA Property Records
Neighborhoods
Forest Park Real Estate
Sixteen Acres Real Estate
East Forest Park Real Estate
Liberty Heights Real Estate
Pine Point Real Estate
East Springfield Real Estate
Indian Orchard Real Estate
Boston Road Real Estate
Nearby Counties
Springfield Homes for Sale
Chicopee Homes for Sale
West Springfield Town Homes for Sale
Holyoke Homes for Sale
South Hadley Homes for Sale
Belchertown Homes for Sale
Wilbraham Homes for Sale
Palmer Town Homes for Sale
Top Real Estate Agents
Top Agents in Ludlow
Top Agents in Springfield
Top Agents in Springfield
Top Agents in Chicopee
Top Agents in Chicopee
Top Agents in 01108
Top Agents in Forest Park
Top Agents in 01089