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Chicopee 01020
424 Irene Street
$239,900
● House - Off Market

424 Irene Street

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,660 Ft²
$364,984
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

A remarkable, freshly renovated 3 bedroom, 2.5 bathroom ranch that is ready for a new homeowner! Imagine walking through the front door of your new home, and be welcomed with freshly painted walls, and new hardwood flooring throughout the home. Then, you will be able to enjoy and updated modern kitchen from day 1 of ownership! The basement features a large finished grand room that has the potential turned into additional bedrooms and/or office space. This home has all of your basic needs, with room for more improvements. A great opportunity at the right price!
Unit Size
1,660 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$145
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
1963

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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 #72406241)

Price History

Date / Event Date Event Price
Dec 10, 2018 Sold
Premium
Sold
Oct 5, 2018 Listed by Class Realty, Inc. $239,900
Listed by Class Realty, Inc.
Nov 22, 2017 Sold
Premium
Sold
Sep 20, 2017 Listed by Class Realty, Inc. $129,900
Listed by Class Realty, Inc.
Feb 15, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 332
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,684
  • Total Building Area: 1,107
  • Gross Building Area: 2,242
  • Building Area: 1,107
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,107
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000268
  • 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: 610-00048
  • Parcel: CHIC M:0610 P:00048
  • Municipality: CHICOPEE
  • Latitude: 42.1941
  • Longitude: -72.5806

    Address

  • Full Address: 424 Irene St
  • Address - House Number: 424
  • Address - Street Name: Irene
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C052
  • 4-Digit Zip Code: 2247
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $496,500

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 355,553
  • High Value: 421,998
  • Low Value: 289,107

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $336,400
  • Assessed Land Value: $109,400
  • Assessed Improvements Value: $227,000

    Sales

  • Current Sale Contract Date: Dec 07, 2018
  • Current Sale Recording Date: Dec 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 73397
  • Previous Sale Recording Date: Nov 22, 2017
  • Previous Sale Amount: $127,000
  • 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:

$310,999

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1728 ft²

Average Home Age

83 years

Currently For Sale

64 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# 72406241

Frequently Asked Questions

When was property at 424 Irene Street built and last sold?
The property at 424 Irene Street was built in 1963 and last sold on Dec 7, 2018 for $239,900.
How much is this home worth?
The estimated value of the home located at 424 Irene Street is $249,154.
What are some comparable homes to 424 Irene Street?
There are currently no comparable homes to 424 Irene Street.
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