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Chicopee 01013
41 Lorraine Street
$130,000
● House - Off Market

41 Lorraine Street

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,126 Ft²
$251,648
RealtyHop Estimate
86.54%
Since Jun 1, 2008
National-US
Primary Model

About This Property

Great opportunity to own a single family home in Chicopee under assessed value. Nice fenced backyard. Well cared for neighborhood. Front porch. Bathroom needs renovation. Bank owned. Prior to making an offer contact listing agent for pre-qualifications and seller addendum.
Unit Size
1,126 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$120
Property Type
House
Property Taxes
$169
HOA Dues
-
Year Built
1930

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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: 4 months ago (MLSPIN #70725882)

Price History

Date / Event Date Event Price
May 5, 2008 Sold
Premium
Sold
Mar 12, 2008 Listed by Keller Williams Realty $134,900
Listed by Keller Williams Realty
Feb 1, 2008 Sold
Premium
Sold
Jun 14, 2004 Sold
Premium
Sold
Oct 29, 2003 Listed by Murphy Realty $141,900
Listed by Murphy Realty
NICE HOME! QUIET NEIGHBORHOOD, BIG YARD W/PRIVACY FENCE BRIGHT KITCHEN HAS PANTRY, CERAMIC TILE AND BREAKFAST BAR WOOD FLOORS UNDER WALL TO WALL. COMFORTABLE LAYOUT. MANY UPDATES. EASY TO SHOW!
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 804
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,005
  • Gross Building Area: 2,688
  • Building Area: 1,005
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,005
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 811102

Zoning

  • Zoning: 5

Geography

  • Account Number: 276-00045
  • Parcel: CHIC M:0276 P:00045
  • Municipality: CHICOPEE
  • Latitude: 42.1634
  • Longitude: -72.6178

    Address

  • Full Address: 41 Lorraine St
  • Address - House Number: 41
  • Address - Street Name: Lorraine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C058
  • 4-Digit Zip Code: 1728
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $351,300

    Appraisal Valuation

  • Standard Deviation: 0.2174
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 264,973
  • High Value: 322,601
  • Low Value: 207,345

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $238,000
  • Assessed Land Value: $86,800
  • Assessed Improvements Value: $151,200

    Sales

  • Current Sale Recording Date: May 05, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 29348
  • Previous Sale Recording Date: Feb 01, 2008
  • Previous Sale Amount: $157,272
  • Previous Sale Document Type: 34
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

53

Average Home Size

1749 ft²

Average Home Age

82.5 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

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
Unit for rent at 360 1/2 Tokeneke Rd, MA, 01040

$1,309 /mo

  • 2 Beds
  • 1 Bath
360 1/2 Tokeneke Rd, MA, 01040 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# 70725882

Frequently Asked Questions

When was property at 41 Lorraine Street built and last sold?
The property at 41 Lorraine Street was built in 1930 and last sold on Jan 1, 1970 for $125,000.
How much is this home worth?
The estimated value of the home located at 41 Lorraine Street is $142,752.
What are some comparable homes to 41 Lorraine Street?
There are currently no comparable homes to 41 Lorraine Street.
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