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Chicopee 01020
31 Paul Ave
$169,900
● House - Off Market

31 Paul Ave

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath
square feet
990 Ft²
$1,022
Est. Monthly
14.22%
Cap Rate

About This Property

Move in Condition! Centrally located but on a quiet street, in FAIRVIEW! This Cape with 1car garage is perfect for first time buyers or people downsizing! Replacement windows, siding, NEW FURNACE&WATER HEATER all combine to make this house very economical to own! Hardwood floors & a nice kitchen & bath save you the updating. Don't wait call today before its gone! 1st timers?Are you eligeble for Fed First time homebuyer credit of 8,000?You could also be eligeble for 5,000 from the Chicopee NDC!
Unit Size
990 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$172
Property Type
House
Property Taxes
$187
HOA Dues
-
Year Built
1946

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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: 2 years ago (MLSPIN #70942979)

Price History

Date / Event Date Event Price
Jun 30, 2009 Listed $169,900
Listed
Oct 31, 2001 Sold
Premium
Sold
Sep 17, 2001 Listed $104,900
Listed
Feb 18, 2000 Sold
Premium
Sold
Jan 4, 2000 Listed $74,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 156
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,401
  • Total Building Area: 889
  • Gross Building Area: 2,195
  • Building Area: 889
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 889
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000193
  • 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: 811302

Zoning

  • Zoning: 7

Geography

  • Account Number: 691-00052
  • Parcel: CHIC M:0691 P:00052
  • Municipality: CHICOPEE
  • Latitude: 42.2033
  • Longitude: -72.57

    Address

  • Full Address: 31 Paul Ave
  • Address - House Number: 31
  • Address - Street Name: Paul
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C047
  • 4-Digit Zip Code: 4203
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $342,100

    Appraisal Valuation

  • Standard Deviation: 0.2151
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 274,252
  • High Value: 333,264
  • Low Value: 215,241

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $231,800
  • Assessed Land Value: $100,200
  • Assessed Improvements Value: $131,600

    Sales

  • Current Sale Recording Date: Oct 31, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 18, 2000
  • Previous Sale Amount: $76,900
  • 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 Chicopee

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$227

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 70942979

Frequently Asked Questions

When was property at 31 Paul Avenue built and last sold?
The property at 31 Paul Avenue was built in 1946 and last sold on Jan 1, 1970 for $106,000.
How much is this home worth?
The estimated value of the home located at 31 Paul Avenue is $0.
What are some comparable homes to 31 Paul Avenue?
There are currently no comparable homes to 31 Paul Avenue.
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