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Chicopee 01013
4 Mount Vernon Rd
$265,000
● House - Off Market

4 Mount Vernon Rd

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,300 Ft²
$257,518
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

SHOWINGS TO START AT OPEN HOUSE ON SUNDAY, JANUARY 8TH 11:00AM - 12:30PM. This circa 1930 Colonial style home, located in Willimansett Heights, was fully renovated 7 years ago and includes updated kitchen and bathrooms.  The comfortable and inviting living room opens to an additional room that could be an office, casual dining area or kids play area.  The updated kitchen includes a breakfast bar, glass backsplash and quartz counters.  Upstairs features 3 bright bedrooms and a full bath.  An extra large linen closet was added to allow for additional storage.  The large, mostly fenced corner lot has room for a pool, playscape or both!  This home is close to schools, shopping, restaurants and with easy access to 3 major highways, your commute will be a breeze!
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$192
Property Type
House
Property Taxes
$279
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: 4 months ago (MLSPIN #73065129)

Price History

Date / Event Date Event Price
Mar 15, 2023 Sold
Premium
Sold
Jan 12, 2023 In contract -
In contract
Jan 4, 2023 Relisted $205,000
Relisted
Dec 16, 2022 Withdrawn -
Withdrawn
Dec 14, 2022 Listed by ERA M Connie Laplante Real Estate $249,900
Listed by ERA M Connie Laplante Real Estate
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 650
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,255
  • Total Building Area: 1,300
  • Gross Building Area: 2,214
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000235
  • 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: 811200

Zoning

  • Zoning: 6

Geography

  • Account Number: 505-00001
  • Parcel: CHIC M:0505 P:00001
  • Municipality: CHICOPEE
  • Latitude: 42.1823
  • Longitude: -72.5966

    Address

  • Full Address: 4 Mount Vernon Rd
  • Address - House Number: 4
  • Address - Street Name: Mount Vernon
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C021
  • 4-Digit Zip Code: 3722
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $374,800

    Appraisal Valuation

  • Standard Deviation: 0.2019
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 286,902
  • High Value: 344,843
  • Low Value: 228,961

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $253,900
  • Assessed Land Value: $108,700
  • Assessed Improvements Value: $145,200

    Sales

  • Current Sale Contract Date: Mar 15, 2023
  • Current Sale Recording Date: Mar 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11683
  • Previous Sale Recording Date: Jul 18, 2017
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: O
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

1782 ft²

Average Home Age

81.8 years

Currently For Sale

61 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: 4 months ago
Data Source: MLS PIN, MLS# 73065129

Frequently Asked Questions

When was property at 4 Mt Vernon Road built and last sold?
The property at 4 Mt Vernon Road was built in 1930 and last sold on Mar 15, 2023 for $265,000.
How much is this home worth?
The estimated value of the home located at 4 Mt Vernon Road is $255,008.
What are some comparable homes to 4 Mt Vernon Road?
There are currently no comparable homes to 4 Mt Vernon Road.
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