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Hampden
259 Chapin St.
$275,000
● House - Off Market

259 Chapin St.

Ludlow, MA 01056
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,806 Ft²
$416,921
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

This property backs up to the 8th hole of Ludlow Country Club. This home sets up well for an IN LAW unit with a full kitchen. 2 full kitchens on the 1st floor with a pocket door slider to separate the area to create the perfect lock out unit. Basement is partially finished and has a wood working area.  Green house in the back yard with a fenced in garden area with an additional out building for storage. Property being sold in "AS IS" condition. EXTREMELY MOTIVATED SELLERS!!!
Unit Size
2,806 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$105
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
1947

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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: 5 months ago (MLSPIN #72619183)

Price History

Date / Event Date Event Price
May 29, 2020 Sold
Premium
Sold
Feb 13, 2020 Listed by Olde New England Realty $295,000
Listed by Olde New England Realty
Jul 26, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 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: 43,560
  • Total Building Area: 2,758
  • Gross Building Area: 6,760
  • Building Area: 2,758
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,758
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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: 2125
  • District: 161
  • Parcel: LUDL M:27A B:3650 P:122 E:2
  • Block: 3650
  • Municipality: LUDLOW
  • Latitude: 42.16
  • Longitude: -72.4489

    Address

  • Full Address: 259 Chapin St
  • Address - House Number: 259
  • Address - Street Name: Chapin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ludlow
  • Carrier Code: C014
  • 4-Digit Zip Code: 3722
  • Zip Code: 01056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $662,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 401,459
  • High Value: 477,143
  • Low Value: 325,775

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $366,300
  • Assessed Land Value: $96,200
  • Assessed Improvements Value: $270,100

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: May 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 27643
  • Previous Sale Recording Date: Jul 26, 1991
  • Previous Sale Amount: $137,000
  • 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 Hampden

Stats & Trends

Median Asking:

$349,999

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

55

Average Home Size

2110 ft²

Average Home Age

79.8 years

Currently For Sale

850 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72619183

Frequently Asked Questions

When was property at 259 Chapin Street built and last sold?
The property at 259 Chapin Street was built in 1947 and last sold on May 29, 2020 for $275,000.
How much is this home worth?
The estimated value of the home located at 259 Chapin Street is $310,432.
What are some comparable homes to 259 Chapin Street?
There are currently no comparable homes to 259 Chapin Street.
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