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Chicopee 01020
28 Reedstone
$110,000
● House - Off Market

28 Reedstone

Chicopee, MA 01020
bedrooms
2 Beds
bathrooms
1 Bath
square feet
724 Ft²
$231,267
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Classic  two bedroom ranch with hardwood floors and one bath. It is situated on a lovely tree-lined dead end street. Beautiful .25 acre level lot allows for expansion. Full, dry  basement, and an attached garage which provides extra storage space.  Excellent location near schools,pool, tennis , library and shopping.  Well maintained solid home, owned by the same family for over 60years. There is a large living room with a picture window.
Unit Size
724 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$179
Property Type
House
Property Taxes
$186
HOA Dues
-
Year Built
1951

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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 #71828033)

Price History

Date / Event Date Event Price
Jun 22, 2015 Sold
Premium
Sold
May 1, 2015 Listed by Coldwell Banker Residential Brokerage - Chicopee $129,900
Listed by Coldwell Banker Residential Brokerage - Chicopee

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 704
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,815
  • Total Building Area: 724
  • Gross Building Area: 1,758
  • Building Area: 724
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 724
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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: 811301

Zoning

  • Zoning: 7

Geography

  • Account Number: 689-00020
  • Parcel: CHIC M:0689 P:00020
  • Municipality: CHICOPEE
  • Latitude: 42.2033
  • Longitude: -72.5777

    Address

  • Full Address: 28 Reedstone Ave
  • Address - House Number: 28
  • Address - Street Name: Reedstone
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C061
  • 4-Digit Zip Code: 3124
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $291,700

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 235,098
  • High Value: 277,404
  • Low Value: 192,793

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $197,600
  • Assessed Land Value: $109,000
  • Assessed Improvements Value: $88,600

    Sales

  • Current Sale Recording Date: Jun 22, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 32752
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:

$310,500

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1767 ft²

Average Home Age

83.1 years

Currently For Sale

62 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71828033

Frequently Asked Questions

When was property at 28 Reedstone Avenue built and last sold?
The property at 28 Reedstone Avenue was built in 1951 and last sold on Jan 1, 1970 for $110,000.
How much is this home worth?
The estimated value of the home located at 28 Reedstone Avenue is $131,431.
What are some comparable homes to 28 Reedstone Avenue?
There are currently no comparable homes to 28 Reedstone Avenue.
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