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Chicopee 01020
47 Bourbeau St
$250,000
● House - Off Market

47 Bourbeau St

Chicopee, MA 01020
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$267,506
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Welcome home to this two charming bedroom, one  bath, ranch style home nestled in a neighborhood of Chicopee! This home features gleaming hardwoods throughout, with a modern freshly updated bath! New granite countertops and stainless steel appliances in the kitchen! To top it all off, this home has a one car garage, and is situated on an oversized lot with tons of potential for a backyard oasis! Newer replacement windows, and an updated heating system make this home a must see!
Unit Size
864 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$278
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1952

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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 years ago (MLSPIN #72884670)

Price History

Date / Event Date Event Price
Nov 24, 2021 Sold
Premium
Sold
Aug 20, 2021 Listed by Gallagher Real Estate $239,900
Listed by Gallagher Real Estate
Jul 29, 2021 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 864
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,940
  • Total Building Area: 864
  • Gross Building Area: 2,044
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 864
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000274
  • 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: 650-00017
  • Parcel: CHIC M:0650 P:00017
  • Municipality: CHICOPEE
  • Latitude: 42.1979
  • Longitude: -72.5851

    Address

  • Full Address: 47 Bourbeau St
  • Address - House Number: 47
  • Address - Street Name: Bourbeau
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C052
  • 4-Digit Zip Code: 2269
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $374,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 272,778
  • High Value: 327,315
  • Low Value: 218,241

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $253,600
  • Assessed Land Value: $109,600
  • Assessed Improvements Value: $144,000

    Sales

  • Current Sale Contract Date: Nov 24, 2021
  • Current Sale Recording Date: Nov 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 228583
  • Previous Sale Recording Date: Jul 29, 2021
  • Previous Sale Contract Date: Jul 28, 2021
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 71
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

1782 ft²

Average Home Age

81.8 years

Currently For Sale

61 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 years ago
Data Source: MLS PIN, MLS# 72884670

Frequently Asked Questions

When was property at 47 Bourbeau Street built and last sold?
The property at 47 Bourbeau Street was built in 1952 and last sold on Nov 24, 2021 for $250,000.
How much is this home worth?
The estimated value of the home located at 47 Bourbeau Street is $0.
What are some comparable homes to 47 Bourbeau Street?
There are currently no comparable homes to 47 Bourbeau Street.
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