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Chicopee 01020
394 Irene Street
$169,900
● House - Off Market

394 Irene Street

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,048 Ft²
$288,399
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Adorable 3 Bedroom 2 Full Bath Ranch on Lovingly Landscaped Lot with Fenced in Backyard. Large Eat in Kitchen with Ceramic Tile Floors and Loads of Cabinet Space. Living Room, Dining Room and 2 Bedrooms Boast Beautiful Hard Wood Flooring. Relax in the Newly Remodeled 1st Floor Bathroom. Entertain Family and Friends in the Finished Basement Complete with Wet Bar and Carpeted Family Room. The Full Bath in Basement has a Ceramic Tiled Shower Stall and Ceramic Tile Floors. Perfect Home for First Time Home Buyers or Those Looking to Downsize. Priced to Move Quickly, You Won't Want to Miss Out!
Unit Size
1,048 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$162
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1957

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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: 5 months ago (MLSPIN #72007955)

Price History

Date / Event Date Event Price
Jun 30, 2016 Sold
Premium
Sold
May 18, 2016 Listed by Park Square Realty $169,900
Listed by Park Square Realty
Dec 19, 2006 Sold
Premium
Sold
May 21, 2006 Listed by Park Square Realty $199,900
Listed by Park Square Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 304
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,800
  • Total Building Area: 1,048
  • Gross Building Area: 2,128
  • Building Area: 1,048
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,048
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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: 609-00033
  • Parcel: CHIC M:0609 P:00033
  • Municipality: CHICOPEE
  • Latitude: 42.1943
  • Longitude: -72.5817

    Address

  • Full Address: 394 Irene St
  • Address - House Number: 394
  • Address - Street Name: Irene
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C052
  • 4-Digit Zip Code: 2248
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $370,300

    Appraisal Valuation

  • Standard Deviation: 0.2072
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 286,849
  • High Value: 346,303
  • Low Value: 227,396

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $250,900
  • Assessed Land Value: $109,000
  • Assessed Improvements Value: $141,900

    Sales

  • Current Sale Recording Date: Jun 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37161
  • Previous Sale Recording Date: Dec 19, 2006
  • Previous Sale Amount: $185,000
  • 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:

$310,999

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1734 ft²

Average Home Age

84.6 years

Currently For Sale

68 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: 5 months ago
Data Source: MLS PIN, MLS# 72007955

Frequently Asked Questions

When was property at 394 Irene Street built and last sold?
The property at 394 Irene Street was built in 1957 and last sold on Jan 1, 1970 for $169,900.
How much is this home worth?
The estimated value of the home located at 394 Irene Street is $176,732.
What are some comparable homes to 394 Irene Street?
There are currently no comparable homes to 394 Irene Street.
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