$205,000
●
Condo -
Off Market
48 Andersen #48
Chicopee, MA 01022
2 Beds
1 Bath
854 Ft²
$1,485
Est. Monthly
$261
HOA / Fees
6.25%
Cap Rate
About This Property
Seize a prime investment opportunity with this charming garden
condo, featuring updated finishes and low-maintenance living. The
two-bedroom unit boasts brand-new plush carpeting, new laminate
flooring, and a spacious galley kitchen with updated appliances.
The freshly painted, sunlit living room and private patio add to
its appeal. With ample storage, a detached garage, and desirable
community amenities-pool, clubhouse, and well-maintained
grounds-this property is perfect for renters. Low HOA fees and
assigned parking enhance its investment potential. Currently
rented, this condo offers immediate rental income. Don't miss
out-schedule your viewing today!
Unit Size
854 Ft²
Days on Market
-
Land Size
-
Price per sqft
$240
Property Type
Condo
Property Taxes
$217
HOA Dues
$261
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: 3 years ago (MLSPIN #73266900)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | In contract | - | |
| In contract | |||
| Jan 1, 2025 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $225,000 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
| | |||
|
Discover this charming garden condo with updated finishes and low-maintenance living. The two-bedroom unit features brand-new plush carpeting, new laminate flooring, and a spacious galley kitchen with updated appliances. The freshly painted, sunlit living room, and private patio add to its appeal. With ample storage, a detached garage, and desirable community amenities, including a pool, clubhouse, and well-maintained grounds, this property offers comfort and convenience. Low HOA fees and assigned parking further enhance its value. Don’t miss out, schedule your viewing today!
| |||
| Sep 13, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 7, 2024 | Price Decreased |
$205,000
↓ $20K
(8.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Parking Features: Detached
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Flooring Type: Vinyl, Laminate
Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup
Rooms: 4
Basement: N
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Ridgewood Village
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Patio and Porch Features: Patio
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: R2
Parcel Number: 2499907
Water Source: Public
Financial Details
Tax Assessed Value: $176,300
Tax Annual Amount: $2,602
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Wall Unit(s)
Heating Type: Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Pool, Clubroom
HOA Fee: $261
Community Features: Public Transportation, Shopping, Pool, Medical Facility, House of Worship, Public School
Pets Allowed: Yes w/ Restrictions
Management: Professional - On Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/18/2024
|
2 Bed
|
1 Bath
|
854 ft²
|
$225,000
2 Bed
1 Bath
854 ft²
|
-
-
|
Jennifer Bruno
Berkshire Hathaway HomeServices Realty Professionals
| |
|
05/10/2012
|
2 Bed
|
1 Bath
|
860 ft²
|
$112,900
2 Bed
1 Bath
860 ft²
|
$95,000
-15.85%
08/08/2012
|
Ray Hoess-Brooks
Keller Williams - Pioneer Valley
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017