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Chicopee 01013
37 Reed St
$149,900
● House - Off Market

37 Reed St

Chicopee, MA 01020
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,180 Ft²
$265,686
RealtyHop Estimate
77.24%
Since Feb 1, 2016
National-US
Primary Model

About This Property

This is a great neighborhood of homes, take walks at night ,enjoy the back yard and be close to  shopping too! This home has a new roof and an open floor plan for parties and together time . It has  a family room with sider to the back yard. The basement has 2 rooms that can easily be used as bedrooms or office space and rough plumbing for a second bath and it  wouldn't take much to complete it. Basement is already studded to add even more living space . It has easy and economical electric heat- we love our local utility its so reasonable.
Unit Size
1,180 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$127
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1952

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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 #71929577)

Price History

Date / Event Date Event Price
Jan 29, 2016 Sold
Premium
Sold
Nov 9, 2015 Listed by Kathy M. Paul Real Estate $149,900
Listed by Kathy M. Paul Real Estate
Aug 16, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 576
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,956
  • Total Building Area: 1,160
  • Gross Building Area: 2,472
  • Building Area: 1,160
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 1
  • Heated Square Feet: 1,160
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000252
  • 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: 649-00003
  • Parcel: CHIC M:0649 P:00003
  • Municipality: CHICOPEE
  • Latitude: 42.1959
  • Longitude: -72.587

    Address

  • Full Address: 37 Reed St
  • Address - House Number: 37
  • Address - Street Name: Reed
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C052
  • 4-Digit Zip Code: 2223
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $360,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2072
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 280,169
  • High Value: 338,238
  • Low Value: 222,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $244,100
  • Assessed Land Value: $109,100
  • Assessed Improvements Value: $135,000

    Sales

  • Current Sale Recording Date: Jan 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5165
  • Previous Sale Recording Date: Aug 16, 1994
  • Previous Sale Amount: $47,500
  • 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

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71929577

Frequently Asked Questions

When was property at 37 Reed Street built and last sold?
The property at 37 Reed Street was built in 1952 and last sold on Jan 1, 1970 for $149,900.
How much is this home worth?
The estimated value of the home located at 37 Reed Street is $157,264.
What are some comparable homes to 37 Reed Street?
There are currently no comparable homes to 37 Reed Street.
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