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Chicopee 01013
25 Highland Ave
$218,000
● House - Off Market

25 Highland Ave

Chicopee, MA 01013
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,490 Ft²
$196,340
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

ELMS COLLEGE AREA:  Bring your decorating ideas and elbow grease to make this home shine anew!  First floor has a large foyer open to living room that flows into the formal dining room with built-in hutch....all with hardwood flooring that will be beautiful when refinished.  The kitchen has a new range and refrigerator and a pantry for extra storage.  Slider off the mudroom to a large deck overlooking the yard.  There is even a fenced in area for a dog.  Four bedrooms on the second floor with a walk-up attic for even more storage.  Large enclosed front porch.  Ready for quick occupancy!
Unit Size
1,490 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$127
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1925

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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 #73013677)

Price History

Date / Event Date Event Price
Aug 31, 2022 Sold
Premium
Sold
Jul 18, 2022 Listed by HB Real Estate, LLC $189,900
Listed by HB Real Estate, LLC
Mar 29, 1989 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 728
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,490
  • Gross Building Area: 3,300
  • Building Area: 1,490
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,490
  • 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: 810902

Zoning

  • Zoning: 2

Geography

  • Account Number: 28-00024
  • Parcel: CHIC M:0028 P:00024
  • Municipality: CHICOPEE
  • Latitude: 42.1388
  • Longitude: -72.6052

    Address

  • Full Address: 25 Highland Ave
  • Address - House Number: 25
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C002
  • 4-Digit Zip Code: 2554
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $348,800

    Appraisal Valuation

  • Standard Deviation: 0.218
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 280,042
  • High Value: 341,105
  • Low Value: 218,980

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $236,300
  • Assessed Land Value: $98,700
  • Assessed Improvements Value: $137,600

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 52801
  • Previous Sale Recording Date: Mar 29, 1989
  • Previous Sale Amount: $119,000
  • 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

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

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# 73013677

Frequently Asked Questions

When was property at 25 Highland Avenue built and last sold?
The property at 25 Highland Avenue was built in 1925 and last sold on Aug 31, 2022 for $218,000.
How much is this home worth?
The estimated value of the home located at 25 Highland Avenue is $200,672.
What are some comparable homes to 25 Highland Avenue?
There are currently no comparable homes to 25 Highland Avenue.
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