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Chicopee 01013
45 Holmes Drive
$102,000
● House - Off Market

45 Holmes Drive

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
1 Bath
square feet
999,999 Ft²
$247,318
RealtyHop Estimate
147.57%
Since Sep 1, 2002
National-US
Primary Model

About This Property

HOME IN AS IS CONDITION BUT HAS POTENTIAL! NEEDS WORK. DEAD-END STREET. EAT-IN KITCHEN WITH PANTRY. FORMAL DINING ROOM WITH BUILT-IN HUTCH. ENCLOSED SUN PORCH.
Unit Size
999,999 Ft²
Days on Market
-
Land Size
1.31 acres
Price per sqft
$0
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920

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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 #30613876)

Price History

Date / Event Date Event Price
Sep 10, 2019 Sold
Premium
Sold
Aug 28, 2002 Sold
Premium
Sold
Jun 5, 2002 Listed by Carlson GMAC Real Estate $99,900
Listed by Carlson GMAC Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1,216
  • Garage Type: 0
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 62,291
  • Total Building Area: 1,520
  • Gross Building Area: 4,616
  • Building Area: 1,520
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,520
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001430
  • 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: 811000

Zoning

  • Zoning: 3

Geography

  • Account Number: 143-00042
  • Parcel: CHIC M:0143 P:00042
  • Municipality: CHICOPEE
  • Latitude: 42.1544
  • Longitude: -72.6023

    Address

  • Full Address: 45 Holmes Dr
  • Address - House Number: 45
  • Address - Street Name: Holmes
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C010
  • 4-Digit Zip Code: 3201
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $401,800

    Appraisal Valuation

  • Standard Deviation: 0.1995
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 295,649
  • High Value: 354,643
  • Low Value: 236,655

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $272,200
  • Assessed Land Value: $130,900
  • Assessed Improvements Value: $141,300

    Sales

  • Current Sale Contract Date: Sep 09, 2019
  • Current Sale Recording Date: Sep 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 51493
  • Previous Sale Recording Date: Aug 28, 2002
  • Previous Sale Amount: $102,000
  • Previous Sale Document Type: 27
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

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1742 ft²

Average Home Age

84.2 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30613876

Frequently Asked Questions

When was property at 45 Holmes Drive built and last sold?
The property at 45 Holmes Drive was built in 1920 and last sold on Sep 9, 2019 for $190,000.
How much is this home worth?
The estimated value of the home located at 45 Holmes Drive is $12,387,530.
What are some comparable homes to 45 Holmes Drive?
There are currently no comparable homes to 45 Holmes Drive.
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