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Chicopee 01020
40 Western Ave.
$220,000
● House - Off Market

40 Western Ave.

Chicopee, MA 01020
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,232 Ft²
$348,490
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Get ready to be impressed with the condition of this custom built brick ranch in its original state. Beautiful kitchen with a large dining  area and lots of natural light overlooking the back yard. Gleaming hard wood floors in the Living room with floor to ceiling fire place, and in all three bedrooms with double closets.The walk out basement has a large front to back Family Room with a FP, second bathroom with a laundry, fourth bedroom if you have a need for it, and lots of storage room.The yard and landscaping around the house shows pride and care, and the roof was replaced approx. 10 years ago. Two car detached garage with newer door and  room behind it to store your fire wood. Perfect location in the Szot Park area with walking distance to the park, area schools and library. Just in time to plant your garden!!!
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$187
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1974

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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 #72288650)

Price History

Date / Event Date Event Price
Jun 15, 2018 Sold
Premium
Sold
Mar 2, 2018 Listed by Coldwell Banker Residential Brokerage - Chicopee $229,900
Listed by Coldwell Banker Residential Brokerage - Chicopee

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • 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: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 600
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,800
  • Total Building Area: 1,232
  • Gross Building Area: 2,524
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 1
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000202
  • 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: 810800

Zoning

  • Zoning: 2

Geography

  • Account Number: 54-00044
  • Parcel: CHIC M:0054 P:00044
  • Municipality: CHICOPEE
  • Latitude: 42.1443
  • Longitude: -72.5819

    Address

  • Full Address: 40 Western Ave
  • Address - House Number: 40
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C022
  • 4-Digit Zip Code: 1742
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $434,500

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 317,107
  • High Value: 380,506
  • Low Value: 253,707

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $294,400
  • Assessed Land Value: $93,000
  • Assessed Improvements Value: $201,400

    Sales

  • Current Sale Recording Date: Jun 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33138
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

$227

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1787 ft²

Average Home Age

81.1 years

Currently For Sale

62 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 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72288650

Frequently Asked Questions

When was property at 40 Western Avenue built and last sold?
The property at 40 Western Avenue was built in 1974 and last sold on Jan 1, 1970 for $220,000.
How much is this home worth?
The estimated value of the home located at 40 Western Avenue is $233,407.
What are some comparable homes to 40 Western Avenue?
There are currently no comparable homes to 40 Western Avenue.
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