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Chicopee 01013
45 (lot 3) Sycamore Lane
$410,000
● House - Off Market

45 (lot 3) Sycamore Lane

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,663 Ft²
$522,136
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

THE NEW RANCH YOU HAVE BEEN WAITING FOR!  Construction starting with expected completion at the end of February.  Terrific split floor plan with master suite at one end and the other bedrooms at the opposite side of the house.   The living room has a corner fireplace and is wide open to the kitchen with large island and dining area.  Sliders lead out to a large covered porch (will be bigger than what is shown on the plan).  There is a cathedral ceiling from front to back over both living room and kitchen. The master bedroom has a tray ceiling and en suite bath and walk-in closet.  First floor laundry.  Jump in now and be part of the process with flooring and kitchen allowances, choices for wall color, etc.
Unit Size
1,663 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$253
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2021

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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 years ago (MLSPIN #72716564)

Price History

Date / Event Date Event Price
Mar 2, 2021 Sold
Premium
Sold
Aug 27, 2020 Listed by Gallagher Real Estate $419,900
Listed by Gallagher Real Estate

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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
  • 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: 8,555
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,626
  • Gross Building Area: 4,074
  • Building Area: 1,626
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,626
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000196
  • 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

Geography

  • Account Number: 121-00037
  • Parcel: CHIC M:0121 P:00037
  • Municipality: CHICOPEE
  • Latitude: 42.1524
  • Longitude: -72.5974

    Address

  • Full Address: 45 Sycamore Ln
  • Address - House Number: 45
  • Address - Street Name: Sycamore
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C010
  • 4-Digit Zip Code: 4401
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $783,900

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 422,183
  • High Value: 498,153
  • Low Value: 346,212

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $531,100
  • Assessed Land Value: $101,000
  • Assessed Improvements Value: $430,100

    Sales

  • Current Sale Contract Date: Mar 02, 2021
  • Current Sale Recording Date: Mar 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14155
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

52

Average Home Size

1833 ft²

Average Home Age

81.2 years

Currently For Sale

59 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: 4 years ago
Data Source: MLS PIN, MLS# 72716564

Frequently Asked Questions

When was property at 45 Sycamore Lane built and last sold?
The property at 45 Sycamore Lane was built in 2021 and last sold on Mar 2, 2021 for $410,000.
How much is this home worth?
The estimated value of the home located at 45 Sycamore Lane is $0.
What are some comparable homes to 45 Sycamore Lane?
There are currently no comparable homes to 45 Sycamore Lane.
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