$84,900
●
Condo -
Off Market
48 Colonial Cir #C
Chicopee, MA 01020
2 Beds
1 Bath
985 Ft²
$798
Est. Monthly
$266
HOA / Fees
32.36%
Cap Rate
About This Property
This is a Fannie Mae HomePath property. Purchase this property for
as little as 3% down ! This property is approved for HomePath
Mortgage financing. This property is approved for HomePath
renovation Mortgage financing.Close before July first and recieve
up to 3.5% buyer closing cost/appliance credit.
Unit Size
985 Ft²
Days on Market
-
Land Size
-
Price per sqft
$86
Property Type
Condo
Property Taxes
$114
HOA Dues
$266
Year Built
1958
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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: 2 years ago (MLSPIN #71082345)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2017 | Sold | ||
| Sold | |||
| Dec 14, 2016 | Listed by RR & Company Realty, LLC | $87,500 | |
| Listed by RR & Company Realty, LLC | |||
| | |||
|
In PRIME Pioneer Valley Condominiums, your great opportunity to own this well maintained 2 bedroom Garden Condo, boasting a huge In-Ground pool. Spacious rooms, having an updated kitchen with all appliances, living room & 2 bedrooms, much hardwood floors & closets galore. Spacious basement included & laundry facilities. Gas heat, hot water, water & sewer included. VA & FHA approved. Great access to MA Pike, restaurants, Malls & more.
| |||
| May 18, 2010 | Listed by Hanson Realty | $84,900 | |
| Listed by Hanson Realty | |||
Property Highlights
Parking Available
Parking Details
Parking Features: Assigned
Interior Details
Full Bathrooms: 1
Rooms: 4
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 985
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1960
Building Area Total: 985
Building Area Units: Square Feet
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $100,600
Tax Annual Amount: $1,371
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Heat, Road Maintenance
HOA/Condo/Coop Amenities: Hot Water
HOA Fee: $266
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 |
|---|---|---|---|---|---|---|---|
|
08/26/2025
|
1 Bed
|
1 Bath
|
745 ft²
|
$174,900
1 Bed
1 Bath
745 ft²
|
$155,000
-11.38%
10/30/2025
|
Amanda Dion
Gallagher Real Estate
| |
|
01/31/2022
|
2 Bed
|
1 Bath
|
955 ft²
|
$149,800
2 Bed
1 Bath
955 ft²
|
$145,000
-3.20%
03/29/2022
|
Linda Wortman
Coldwell Banker Realty - Westfield
| |
|
08/30/2018
|
1 Bed
|
1 Bath
|
730 ft²
|
$75,900
1 Bed
1 Bath
730 ft²
|
$72,500
-4.48%
02/27/2019
|
Teresa Kubacka
Berkshire Hathaway HomeServices Realty Professionals
| |
|
12/14/2016
|
2 Bed
|
1 Bath
|
985 ft²
|
$87,500
2 Bed
1 Bath
985 ft²
|
$87,500
07/12/2017
|
Joanne Whyland
RR & Company Realty, LLC
| |
|
05/28/2016
|
1 Bed
|
1 Bath
|
730 ft²
|
$79,900
1 Bed
1 Bath
730 ft²
|
$75,000
-6.13%
07/12/2016
|
Patricia Gajda
Skye Mountain Realty, Inc.
| |
|
07/16/2013
|
1 Bed
|
1 Bath
|
745 ft²
|
$65,000
1 Bed
1 Bath
745 ft²
|
$64,500
-0.77%
02/12/2014
|
Maria Rosario
Coldwell Banker Realty - Chicopee
| |
|
12/19/2010
|
1 Bed
|
1 Bath
|
745 ft²
|
$79,900
1 Bed
1 Bath
745 ft²
|
-
-
|
Maria Rosario
Coldwell Banker Realty - Chicopee
| |
|
10/25/2010
|
2 Bed
|
1 Bath
|
955 ft²
|
$109,900
2 Bed
1 Bath
955 ft²
|
$98,000
-10.83%
02/28/2011
|
Madeleine Partyka
Coldwell Banker Realty - Chicopee
| |
|
05/18/2010
|
2 Bed
|
1 Bath
|
985 ft²
|
$84,900
2 Bed
1 Bath
985 ft²
|
-
-
|
Craig Hanson
Hanson Realty
| |
|
04/30/2008
|
1 Bed
|
1 Bath
|
730 ft²
|
$93,000
1 Bed
1 Bath
730 ft²
|
$90,000
-3.23%
10/20/2008
|
Virginia Bateman
Avalon Real Estate
| |
|
07/20/2004
|
2 Bed
|
1 Bath
|
9999 ft²
|
$74,900
2 Bed
1 Bath
9999 ft²
|
$73,000
-2.54%
08/27/2004
|
Lisa A Catrett
HB Real Estate, LLC
| |
|
11/24/2003
|
1 Bed
|
1 Bath
|
999999 ft²
|
$59,900
1 Bed
1 Bath
999999 ft²
|
$59,900
03/05/2004
|
Madeleine Partyka
Coldwell Banker Realty - Chicopee
| |
|
10/31/2002
|
2 Bed
|
1 Bath
|
950 ft²
|
$64,900
2 Bed
1 Bath
950 ft²
|
$63,000
-2.93%
11/22/2002
|
Suzanne Wyzik
New Millennium Realty, Inc.
| |
|
03/05/2000
|
2 Bed
|
1 Bath
|
985 ft²
|
$47,900
2 Bed
1 Bath
985 ft²
|
$46,500
-2.92%
04/27/2000
|
Steven Laplante
ERA M Connie Laplante
|
Building Info
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