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Chicopee 01013
29 Melvin St.
$299,000
● House - Off Market

29 Melvin St.

Chicopee, MA 01013
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,164 Ft²
$452,881
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Looking for space? This custom built one owner home has a lovely open floor plan through out the first floor and four good size bedrooms on the second level, including 18x18 Master Bedroom suite w/walk in closet, full bathroom, and a second floor laundry room. Great spacious kitchen with lots of maple cabinets, granite counters and tile back splash. Enjoy your time with family and friends on a deck covered with roof and decorative lighting. You will also find a real mud room as you enter the house from the garage as well as half a bath. And there is the nicely finished basement for more living space as well as room for storage. The two car garage has a very high ceiling and  excess to the back yard with above ground pool, that the owners chose not to open this year. Great house with nice quality work through out!
Unit Size
2,164 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$138
Property Type
House
Property Taxes
$401
HOA Dues
-
Year Built
2007

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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 #72386377)

Price History

Date / Event Date Event Price
Oct 12, 2018 Sold
Premium
Sold
Aug 29, 2018 Listed by Coldwell Banker Residential Brokerage - Chicopee $299,000
Listed by Coldwell Banker Residential Brokerage - Chicopee

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 420
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,090
  • Total Building Area: 2,164
  • Gross Building Area: 3,884
  • Building Area: 2,164
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,164
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • 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: 5

Geography

  • Account Number: 471-0043A
  • Parcel: CHIC M:0471 P:0043A
  • Municipality: CHICOPEE
  • Latitude: 42.1789
  • Longitude: -72.6202

    Address

  • Full Address: 29 Melvin St
  • Address - House Number: 29
  • Address - Street Name: Melvin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C017
  • 4-Digit Zip Code: 2009
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $632,500

    Appraisal Valuation

  • Standard Deviation: 0.1826
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 450,842
  • High Value: 533,168
  • Low Value: 368,516

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $428,500
  • Assessed Land Value: $80,100
  • Assessed Improvements Value: $348,400

    Sales

  • Current Sale Recording Date: Oct 12, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 61180
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

1833 ft²

Average Home Age

81.2 years

Currently For Sale

59 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 360 1/2 Tokeneke Rd, MA, 01040

$1,309 /mo

  • 2 Beds
  • 1 Bath
360 1/2 Tokeneke Rd, MA, 01040 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# 72386377

Frequently Asked Questions

When was property at 29 Melvin Street built and last sold?
The property at 29 Melvin Street was built in 2007 and last sold on Jan 1, 1970 for $299,000.
How much is this home worth?
The estimated value of the home located at 29 Melvin Street is $311,181.
What are some comparable homes to 29 Melvin Street?
There are currently no comparable homes to 29 Melvin Street.
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