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Chicopee 01013
27 Fairmont St
$250,000
● House - Off Market

27 Fairmont St

Chicopee, MA 01013
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$239,008
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Looking for a budget friendly starter home? Don't miss your chance to see this newly renovated 2 bedroom in Chicopee! Many updates include a new gas heating system, new double paned windows, new central air unit, new vinyl siding and a new roof! Fresh paint, vinyl flooring and carpeting throughout. This home is perfect for keeping utility bills low! Schedule a showing today before its gone!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$238
Property Type
House
Property Taxes
$244
HOA Dues
-
Year Built
1900

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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: 5 months ago (MLSPIN #73163977)

Price History

Date / Event Date Event Price
Oct 27, 2023 Sold
Premium
Sold
Oct 2, 2023 In contract -
In contract
Sep 27, 2023 Listed by Executive Real Estate, Inc. $239,900
Listed by Executive Real Estate, Inc.
Jul 6, 2023 Sold
Premium
Sold
Nov 4, 2020 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 658
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,276
  • Total Building Area: 1,008
  • Gross Building Area: 1,848
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000511
  • 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: 811101

Zoning

  • Zoning: 6

Geography

  • Account Number: 531-00059
  • Parcel: CHIC M:0531 P:00059
  • Municipality: CHICOPEE
  • Latitude: 42.1856
  • Longitude: -72.5983

    Address

  • Full Address: 27 Fairmont St
  • Address - House Number: 27
  • Address - Street Name: Fairmont
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C021
  • 4-Digit Zip Code: 3855
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $313,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 265,725
  • High Value: 313,541
  • Low Value: 217,908

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $212,200
  • Assessed Land Value: $115,400
  • Assessed Improvements Value: $96,800

    Sales

  • Current Sale Contract Date: Oct 27, 2023
  • Current Sale Recording Date: Oct 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51345
  • Previous Sale Recording Date: Jul 06, 2023
  • Previous Sale Contract Date: Jul 06, 2023
  • Previous Sale Amount: $140,000
  • 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 Chicopee

Stats & Trends

Median Asking:

$310,999

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1734 ft²

Average Home Age

84.6 years

Currently For Sale

68 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 months ago
Data Source: MLS PIN, MLS# 73163977

Frequently Asked Questions

When was property at 27 Fairmont Street built and last sold?
The property at 27 Fairmont Street was built in 1900 and last sold on Oct 27, 2023 for $250,000.
How much is this home worth?
The estimated value of the home located at 27 Fairmont Street is $242,970.
What are some comparable homes to 27 Fairmont Street?
There are currently no comparable homes to 27 Fairmont Street.
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