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Chicopee 01020
38 Loveland Ter
$165,000
● House - Off Market

38 Loveland Ter

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,084 Ft²
$255,702
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Absolutely gorgeous one level home, completely remodeled.  -21 degrees outside, warm and cozy inside with new boiler and tankless hot water heater.  Fully applianced Eat in kitchen with "Samsung Stainless Steel" stove, refrigerator, dishwasher and microwave, its all new here, from top to bottom.  Neutral colors and continuous laminate flooring throughout, this home has a classy, modern and updated style, still loaded with charm, and ready for immediate occupancy.  Exterior is beautifully landscaped with established shade trees, large beautiful side lot and a rear shed.  And as if all that wasn't enough, left side of home has an office with it's own separate entrance, could also be used as a heated mudroom, so many possibilities here.
Unit Size
1,084 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$156
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1930

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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 #72268796)

Price History

Date / Event Date Event Price
Jul 23, 2018 Sold
Premium
Sold
Jan 8, 2018 Listed by Century 21 Hometown Associates $169,000
Listed by Century 21 Hometown Associates
Sep 22, 2017 Sold
Premium
Sold
Feb 12, 2017 Listed by Century 21 Hometown Associates $73,900
Listed by Century 21 Hometown Associates

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 916
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,000
  • Total Building Area: 1,084
  • Gross Building Area: 2,088
  • Building Area: 1,084
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,084
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • 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: 810700

Zoning

  • Zoning: 2

Geography

  • Account Number: 88-00022
  • Parcel: CHIC M:0088 P:00022
  • Municipality: CHICOPEE
  • Latitude: 42.1518
  • Longitude: -72.5641

    Address

  • Full Address: 38 Loveland Ter
  • Address - House Number: 38
  • Address - Street Name: Loveland
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C025
  • 4-Digit Zip Code: 4154
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $345,200

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 197,521
  • High Value: 232,173
  • Low Value: 162,868

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $233,900
  • Assessed Land Value: $99,200
  • Assessed Improvements Value: $134,700

    Sales

  • Current Sale Recording Date: Jul 23, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42468
  • Previous Sale Recording Date: Sep 22, 2017
  • Previous Sale Amount: $75,100
  • Previous Sale Document Type: 54

    Financing

  • First Mortgage Financing Type: UNK
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

$230

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1716 ft²

Average Home Age

88.3 years

Currently For Sale

86 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 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72268796

Frequently Asked Questions

When was property at 38 Loveland Terrace built and last sold?
The property at 38 Loveland Terrace was built in 1930 and last sold on Jan 1, 1970 for $165,000.
How much is this home worth?
The estimated value of the home located at 38 Loveland Terrace is $173,788.
What are some comparable homes to 38 Loveland Terrace?
There are currently no comparable homes to 38 Loveland Terrace.
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