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Chicopee 01020
311 College Street
$230,000
● House - Off Market

311 College Street

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
3 Baths
$489,233
RealtyHop Estimate
103.93%
Since Jul 1, 2004
National-US
Primary Model

About This Property

S-P-A-C-I-O-U-S RANCH HAS KITCHEN W/DA AND SKYLIGHT; FORMAL DR; LR W/FP;LGE MBR; FAM RM HAS VAULTED CEILING & EXPOSED BEAMS; FRENCH DOORS THAT LEAD TO ONE OF THE DECKS; PLAYROOM HAS FP; BOOKCASES; POSS BR OR IN LAW SITUATION..LARGE YARD; INGROUND POOL; 2 DECKS, PATIO; STORAGE SHED...IF YOU LIKE TO ENTERTAIN, WINTER OR SUMMER, THIS IS THE HOME FOR YOU!!!!!!
Unit Size
-
Days on Market
-
Land Size
0.44 acres
Price per sqft
-
Property Type
House
Property Taxes
$212
HOA Dues
-
Year Built
1955

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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: 6 months ago (MLSPIN #70027292)

Price History

Date / Event Date Event Price
Jun 20, 2016 Sold
Premium
Sold
Jun 29, 2004 Sold
Premium
Sold
Apr 30, 2004 Listed by Partners Real Estate $239,900
Listed by Partners Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 575
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 18,950
  • Total Building Area: 2,168
  • Gross Building Area: 5,086
  • Building Area: 2,168
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,168
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000435
  • 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: 655-00007
  • Parcel: CHIC M:0655 P:00007
  • Municipality: CHICOPEE
  • Latitude: 42.2004
  • Longitude: -72.5639

    Address

  • Full Address: 311 College St
  • Address - House Number: 311
  • Address - Street Name: College
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C047
  • 4-Digit Zip Code: 4227
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $639,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 432,176
  • High Value: 509,944
  • Low Value: 354,407

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $432,900
  • Assessed Land Value: $113,600
  • Assessed Improvements Value: $319,300

    Sales

  • Current Sale Recording Date: Jun 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 34
  • Current Sale Input Document Number: 34479
  • Previous Sale Recording Date: Jun 29, 2004
  • Previous Sale Amount: $230,000
  • 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

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1711 ft²

Average Home Age

87.8 years

Currently For Sale

90 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: 6 months ago
Data Source: MLS PIN, MLS# 70027292

Frequently Asked Questions

When was property at 311 College Street built and last sold?
The property at 311 College Street was built in 1955 and last sold on Jan 1, 1970 for $140,000.
How much is this home worth?
The estimated value of the home located at 311 College Street is $242,299.
What are some comparable homes to 311 College Street?
There are currently no comparable homes to 311 College Street.
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