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Chicopee 01020
385 East St
$160,000
● House - Off Market

385 East St

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,391 Ft²
$180,209
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

The kitchen is the heart of the home and this is no exception.  This eat-in kitchen fills with natural light from the windows on two sides, glass door to the deck, and skylight. Plenty of counter space for cooking, baking, and appliances.  Two bedrooms on the main level and a third spacious room upstairs.  Fully fenced backyard that affords privacy and boasts a custom shed with 8 windowpanes in the slanted roof perfect for creating your own greenhouse.  Central location with access to highway and area amenities. Property to be sold AS IS and may not qualify for all financing. Buyer to obtain smoke/CO certification.
Unit Size
1,391 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$126
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1880

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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: 5 months ago (MLSPIN #72878071)

Price History

Date / Event Date Event Price
Mar 4, 2022 Sold
Premium
Sold
Aug 6, 2021 Listed by Berkshire Hathaway HomeServices Realty Professionals $175,000
Listed by Berkshire Hathaway HomeServices Realty Professionals
Jun 27, 2003 Sold
Premium
Sold
May 7, 2003 Sold
Premium
Sold
Jun 30, 1993 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 7
  • 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: 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: 1,115
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,307
  • Total Building Area: 1,391
  • Gross Building Area: 3,360
  • Building Area: 1,391
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,391
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000168
  • 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: 106-00014
  • Parcel: CHIC M:0106 P:00014
  • Municipality: CHICOPEE
  • Latitude: 42.1522
  • Longitude: -72.5696

    Address

  • Full Address: 385 East St
  • Address - House Number: 385
  • Address - Street Name: East
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C024
  • 4-Digit Zip Code: 4100
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $261,500

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 275,996
  • High Value: 324,510
  • Low Value: 227,481

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $177,200
  • Assessed Land Value: $85,900
  • Assessed Improvements Value: $91,300

    Sales

  • Current Sale Contract Date: Mar 04, 2022
  • Current Sale Recording Date: Mar 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13682
  • Previous Sale Recording Date: Jun 27, 2003
  • Previous Sale Amount: $135,000
  • 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

1742 ft²

Average Home Age

84.2 years

Currently For Sale

66 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: 5 months ago
Data Source: MLS PIN, MLS# 72878071

Frequently Asked Questions

When was property at 385 East Street built and last sold?
The property at 385 East Street was built in 1880 and last sold on Mar 4, 2022 for $160,000.
How much is this home worth?
The estimated value of the home located at 385 East Street is $184,026.
What are some comparable homes to 385 East Street?
There are currently no comparable homes to 385 East Street.
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