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Hampden
448 Chapin Street
$160,000
● House - Off Market

448 Chapin Street

Ludlow, MA 01056
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,170 Ft²
$234,368
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Perfect Starter Home ! This lovingly cared for cape has much to offer !  First floor master bedroom is a real bonus, one other bedroom on the first floor and 2 bedrooms on the second floor, the basement is partially finished, newer heating system and replacement windows, there is a screen porch for outside enjoyment ! Home is in a convenient location to center of town and Mass Pike.  This will not last long make an appointment today!  MULTIPLE OFFERS - HIGHEST AND BEST OFFER BY THURSDAY, MAY 31st, 2018 @ 6PM
Unit Size
1,170 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$132
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1947

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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: 5 months ago (MLSPIN #72335120)

Price History

Date / Event Date Event Price
Jul 20, 2018 Sold
Premium
Sold
May 29, 2018 Listed by ERA M Connie Laplante Real Estate $154,900
Listed by ERA M Connie Laplante Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,850
  • Total Building Area: 1,170
  • Gross Building Area: 2,452
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000203
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ludlow School District
  • School Tax School District: LUDLOW SD
  • Census Tract: 810404

Zoning

  • Zoning: RES A

Geography

  • Account Number: 2140
  • District: 161
  • Parcel: LUDL M:15C B:3650 P:147
  • Block: 3650
  • Municipality: LUDLOW
  • Latitude: 42.1685
  • Longitude: -72.4616

    Address

  • Full Address: 448 Chapin St
  • Address - House Number: 448
  • Address - Street Name: Chapin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ludlow
  • Carrier Code: C009
  • 4-Digit Zip Code: 2522
  • Zip Code: 01056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $403,600

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 274,306
  • High Value: 333,694
  • Low Value: 214,919

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $223,100
  • Assessed Land Value: $72,500
  • Assessed Improvements Value: $150,600

    Sales

  • Current Sale Recording Date: Jul 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41842

    Financing

  • First Mortgage Financing Type: UNK
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:

$349,999

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

54

Average Home Size

2121 ft²

Average Home Age

79.4 years

Currently For Sale

848 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: 5 months ago
Data Source: MLS PIN, MLS# 72335120

Frequently Asked Questions

When was property at 448 Chapin Street built and last sold?
The property at 448 Chapin Street was built in 1947 and last sold on Jan 1, 1970 for $160,000.
How much is this home worth?
The estimated value of the home located at 448 Chapin Street is $161,029.
What are some comparable homes to 448 Chapin Street?
There are currently no comparable homes to 448 Chapin Street.
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