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Chicopee 01020
250 Old Lyman Rd
Photo of 250 Old Lyman Rd
Sold on Sep 15, 2026

38

Map

Photo of 250 Old Lyman Rd
Photo of 250 Old Lyman Rd
$363,000
● House - Off Market

250 Old Lyman Rd

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,780 Ft²
$2,065
Est. Monthly

About This Property

Welcome home to this beautifully remodeled ranch offering the perfect blend of modern updates and functional living space! The stunning renovated kitchen features stylish finishes and flows seamlessly into the home's bright, inviting layout. Both bathrooms have been tastefully updated, while beautifully refinished hardwood floors add warmth and character throughout the main level. Enjoy the convenience of washer and dryer hookups on both the first floor and in the basement. The finished lower level provides incredible flexibility with multiple additional rooms, a full bathroom, and a second kitchen-ideal for extended living, guests, or entertaining. Outside, you'll find a spacious backyard, carport, and plenty of room to relax or play. Conveniently located, this move-in-ready home is one you won't want to miss!
Unit Size
1,780 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$197
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1965

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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: 18 days ago (MLSPIN #73550150)

Price History

Date / Event Date Event Price
Sep 15, 2026 Sold
Premium
Sold
Jul 21, 2026 In contract -
In contract
Jul 15, 2026 Listed by Gallagher Real Estate $349,900
Listed by Gallagher Real Estate
Jun 19, 2017 Sold
Premium
Sold
May 5, 2017 Listed by Gallagher Real Estate $205,000
Listed by Gallagher Real Estate
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 500
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,650
  • Total Building Area: 960
  • Gross Building Area: 2,238
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000336
  • 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: 811302

Zoning

  • Zoning: 7

Geography

  • Account Number: 761-00028
  • Parcel: CHIC M:0761 P:00028
  • Municipality: CHICOPEE
  • Latitude: 42.2122
  • Longitude: -72.5617

    Address

  • Full Address: 250 Old Lyman Rd
  • Address - House Number: 250
  • Address - Street Name: Old Lyman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C044
  • 4-Digit Zip Code: 4442
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $366,000

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 290,846
  • High Value: 348,996
  • Low Value: 232,697

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $248,000
  • Assessed Land Value: $111,200
  • Assessed Improvements Value: $136,800

    Sales

  • Current Sale Contract Date: Jun 19, 2017
  • Current Sale Recording Date: Jun 19, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 210991
  • Previous Sale Recording Date: Jun 16, 2016
  • Previous Sale Contract Date: Jun 15, 2016
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: 71
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:

$311,500

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1728 ft²

Average Home Age

83 years

Currently For Sale

64 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: 18 days ago
Data Source: MLS PIN, MLS# 73550150

Frequently Asked Questions

When was property at 250 Old Lyman Road built and last sold?
The property at 250 Old Lyman Road was built in 1965 and last sold on Jun 19, 2017 for $204,900.
How much is this home worth?
The estimated value of the home located at 250 Old Lyman Road is $360,538.
What are some comparable homes to 250 Old Lyman Road?
There are currently no comparable homes to 250 Old Lyman Road.
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