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Hampden
43 Chapin Rd
$290,000
● House - Off Market

43 Chapin Rd

Hampden, MA 01036
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
811 Ft²
$287,381
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Charming Antique Colonial on scenic Chapin Road in Hampden sets the stage for this picturesque home. This small but quaint 2 bed, 1.5 bath home sparkles with updates that include replacement windows, updated baths & kitchen, brand new mini splits and a new water heater!  Hardwood floors throughout, a pellet stove and ceiling fans to boast. Perfectly done on the inside, this is a great starter home or retirement home. This home sits on a private .25 acre lot that offers a deck overlooking plenty of green space and a beautiful view of the landscape. Walking distance to park, restaurant and post office to name a few. Refrigerator, microwave, range, dishwasher, washer and dryer to remain. OFFER DEADLINE IS SUNDAY JULY 23, 2023 AT 6PM.
Unit Size
811 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$356
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1865

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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 #73133813)

Price History

Date / Event Date Event Price
Aug 28, 2023 Sold
Premium
Sold
Jul 24, 2023 In contract -
In contract
Jul 13, 2023 Listed by Keller Williams Realty $289,000
Listed by Keller Williams Realty
Jun 10, 2019 Sold
Premium
Sold
Apr 17, 2019 Listed by Keller Williams Realty $199,900
Listed by Keller Williams Realty
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1865
  • Effective Year Built: 1865
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 546
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 811
  • Gross Building Area: 2,184
  • Building Area: 811
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 811
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hampden-Wilbraham School District
  • Census Tract: 813500

Zoning

  • Zoning: R6

Geography

  • Account Number: 1851
  • Parcel: HAMP M:0037 B:0044 L:0
  • Block: 44
  • Municipality: HAMPDEN
  • Latitude: 42.0617
  • Longitude: -72.411

    Address

  • Full Address: 43 Chapin Rd
  • Address - House Number: 43
  • Address - Street Name: Chapin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Hampden
  • Carrier Code: R012
  • 4-Digit Zip Code: 9536
  • Zip Code: 01036

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $360,300

    Appraisal Valuation

  • Standard Deviation: 0.1621
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 241,819
  • High Value: 281,041
  • Low Value: 202,596

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,600
  • Assessed Land Value: $56,000
  • Assessed Improvements Value: $157,600

    Sales

  • Current Sale Contract Date: Aug 28, 2023
  • Current Sale Recording Date: Aug 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40279
  • Previous Sale Recording Date: Jun 10, 2019
  • Previous Sale Contract Date: Jun 07, 2019
  • Previous Sale Amount: $193,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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 Hampden

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$228

Above Asking

0.72%

Average Days on Market

54

Average Home Size

2150 ft²

Average Home Age

78.1 years

Currently For Sale

810 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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73133813

Frequently Asked Questions

When was property at 43 Chapin Road built and last sold?
The property at 43 Chapin Road was built in 1865 and last sold on Aug 28, 2023 for $290,000.
How much is this home worth?
The estimated value of the home located at 43 Chapin Road is $282,432.
What are some comparable homes to 43 Chapin Road?
There are currently no comparable homes to 43 Chapin Road.
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