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Chicopee 01020
49 Fairway Drive
$319,900
● House - Off Market

49 Fairway Drive

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,144 Ft²
$337,591
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

This 3 bedroom home features central air, central vac, hardwood floors, water sprinkler system and much more.  Home is very well taken care of with move in conditions.  Roof replced in 2011, windows in 2014, garage door replaced in 2017. For additional living area the home has a huge screen in porch attached.  Over sized 1 car gargage with plenty of room for storage.
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$280
Property Type
House
Property Taxes
$371
HOA Dues
-
Year Built
1979

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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 months ago (MLSPIN #73043370)

Price History

Date / Event Date Event Price
Nov 18, 2022 Sold
Premium
Sold
Oct 24, 2022 In contract -
In contract
Oct 1, 2022 Listed by Gallagher Real Estate $319,900
Listed by Gallagher Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 1,144
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,241
  • Total Building Area: 1,144
  • Gross Building Area: 2,926
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000327
  • 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: 810602

Zoning

  • Zoning: 9

Geography

  • Account Number: 409-00002
  • Parcel: CHIC M:0409 P:00002
  • Municipality: CHICOPEE
  • Latitude: 42.1783
  • Longitude: -72.5255

    Address

  • Full Address: 49 Fairway Dr
  • Address - House Number: 49
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C029
  • 4-Digit Zip Code: 4910
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $502,000

    Appraisal Valuation

  • Standard Deviation: 0.2017
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 336,937
  • High Value: 404,899
  • Low Value: 268,976

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $340,100
  • Assessed Land Value: $116,000
  • Assessed Improvements Value: $224,100

    Sales

  • Current Sale Contract Date: Nov 18, 2022
  • Current Sale Recording Date: Nov 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 68371
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

Unit for rent at 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73043370

Frequently Asked Questions

When was property at 49 Fairway Drive built and last sold?
The property at 49 Fairway Drive was built in 1979 and last sold on Nov 18, 2022 for $319,900.
How much is this home worth?
The estimated value of the home located at 49 Fairway Drive is $321,880.
What are some comparable homes to 49 Fairway Drive?
There are currently no comparable homes to 49 Fairway Drive.
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