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Chicopee 01013
308 Fairview Ave
Photo of 308 Fairview Ave
Sold on Jul 31, 2009

1

Map

$185,000
● House - Off Market

308 Fairview Ave

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,342 Ft²
$412,178
RealtyHop Estimate
106.19%
Since Aug 1, 2009
National-US
Primary Model

About This Property

Beautiful Three Bedroom, 1 Bath Ranch.  Centrally Located.  Oversized Professionally Landscaped Lot with Many Special Features, Including a Shed and Fencing with Plantings for Added Privacy.  Formal Living Room, Dinning Room, Eat-in-Kitchen, Hardwood Floors.  Newer Roof, Windows APO.  A Must See Property!
Unit Size
1,342 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$149
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1950

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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 #70934252)

Price History

Date / Event Date Event Price
Jul 31, 2009 Sold
Premium
Sold
Jun 14, 2009 Listed $199,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • 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: 1,342
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,586
  • Total Building Area: 1,342
  • Gross Building Area: 2,740
  • Building Area: 1,342
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,342
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000243
  • 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: 810800

Zoning

  • Zoning: 2

Geography

  • Account Number: 51-00009
  • Parcel: CHIC M:0051 P:00009
  • Municipality: CHICOPEE
  • Latitude: 42.1441
  • Longitude: -72.5923

    Address

  • Full Address: 308 Fairview Ave
  • Address - House Number: 308
  • Address - Street Name: Fairview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C004
  • 4-Digit Zip Code: 2949
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $374,500

    Appraisal Valuation

  • Standard Deviation: 0.2019
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 306,528
  • High Value: 368,424
  • Low Value: 244,632

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $253,700
  • Assessed Land Value: $99,000
  • Assessed Improvements Value: $154,700

    Sales

  • Current Sale Recording Date: Jul 31, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 50431
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

1787 ft²

Average Home Age

81.1 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

Unit for rent at 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 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# 70934252

Frequently Asked Questions

When was property at 308 Fairview Avenue built and last sold?
The property at 308 Fairview Avenue was built in 1950 and last sold on Jan 1, 1970 for $185,000.
How much is this home worth?
The estimated value of the home located at 308 Fairview Avenue is $207,412.
What are some comparable homes to 308 Fairview Avenue?
There are currently no comparable homes to 308 Fairview Avenue.
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