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Chicopee 01020
249 Arcade Street
$230,000
● House - Off Market

249 Arcade Street

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,084 Ft²
$242,614
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Adorable and Affordable!  This bungalow set on large level lot has had so many upgrades!  Newer roof, vinyl siding and windows installed approx 4 years ago and included the detached garage and shed!  Rear yard is mostly enclosed with neighbor's fences, so great privacy and tons of room to enjoy the outdoors!  Kitchen has updated cabinets and nearly new appliances, Hardwood flooring in all bedrooms, spacious living room and a separate dining area off of the kitchen.  Full basement offers tons of potential to finish a lot more living space!  Gas heat, central air....this one is a home run.  Call today to schedule your private tour.  Reasonable notice required - caretaker occupies the property and will be moving out in September.
Unit Size
1,084 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$212
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1940

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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 #73026445)

Price History

Date / Event Date Event Price
Nov 17, 2022 Sold
Premium
Sold
Aug 15, 2022 Listed by ERA M Connie Laplante Real Estate $229,900
Listed by ERA M Connie Laplante Real Estate
Oct 28, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 1,020
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,969
  • Total Building Area: 1,084
  • Gross Building Area: 2,104
  • Building Area: 1,084
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,084
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000229
  • 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: 811000

Zoning

  • Zoning: 6

Geography

  • Account Number: 419-00024
  • Parcel: CHIC M:0419 P:00024
  • Municipality: CHICOPEE
  • Latitude: 42.1748
  • Longitude: -72.603

    Address

  • Full Address: 249 Arcade St
  • Address - House Number: 249
  • Address - Street Name: Arcade
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C034
  • 4-Digit Zip Code: 1118
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $343,900

    Appraisal Valuation

  • Standard Deviation: 0.2119
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 264,754
  • High Value: 320,857
  • Low Value: 208,652

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $233,000
  • Assessed Land Value: $108,400
  • Assessed Improvements Value: $124,600

    Sales

  • Current Sale Contract Date: Nov 16, 2022
  • Current Sale Recording Date: Nov 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 67846
  • Previous Sale Recording Date: Oct 28, 1988
  • Previous Sale Amount: $106,250
  • 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

1833 ft²

Average Home Age

81.2 years

Currently For Sale

59 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# 73026445

Frequently Asked Questions

When was property at 249 Arcade Street built and last sold?
The property at 249 Arcade Street was built in 1940 and last sold on Nov 16, 2022 for $230,000.
How much is this home worth?
The estimated value of the home located at 249 Arcade Street is $234,574.
What are some comparable homes to 249 Arcade Street?
There are currently no comparable homes to 249 Arcade Street.
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