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Chicopee 01020
5 Ginger Drive
$237,000
● House - Off Market

5 Ginger Drive

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,676 Ft²
$542,722
RealtyHop Estimate
117.18%
Since Feb 1, 2010
National-US
Primary Model

About This Property

One level living at its best!Spacious updated ranch in sought after area has all the bells and whistles-fireplace,cent air&vac,sec syst,sprinkler syst,ag pool,gorgeous sun room,skylights and more!Newly remodeled kitchen with lots of cabinet&counter space and center island opens to dining rm with cathedral ceiling,beautiful palladian window and skylight.First flr family rm w/fplc is great for family entertaining and bonus game room with wood laminate flooring is perfect for the kids!Must see!
Unit Size
1,676 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$149
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1977

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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 #70888581)

Price History

Date / Event Date Event Price
Jan 15, 2010 Sold
Premium
Sold
Mar 16, 2009 Listed by ERA M Connie Laplante Real Estate $249,900
Listed by ERA M Connie Laplante Real Estate
May 16, 2006 Sold
Premium
Sold
Dec 27, 2005 Listed by ERA M Connie Laplante Real Estate $289,900
Listed by ERA M Connie Laplante Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 9
  • 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: 1,400
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,283
  • Total Building Area: 1,424
  • Gross Building Area: 3,632
  • Building Area: 1,424
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,424
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000305
  • 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: 381-00013
  • Parcel: CHIC M:0381 P:00013
  • Municipality: CHICOPEE
  • Latitude: 42.1779
  • Longitude: -72.5268

    Address

  • Full Address: 5 Ginger Dr
  • Address - House Number: 5
  • Address - Street Name: Ginger
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C029
  • 4-Digit Zip Code: 4912
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $545,400

    Appraisal Valuation

  • Standard Deviation: 0.1886
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 392,215
  • High Value: 466,199
  • Low Value: 318,230

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $369,500
  • Assessed Land Value: $115,400
  • Assessed Improvements Value: $254,100

    Sales

  • Current Sale Recording Date: Jan 15, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2981
  • Previous Sale Recording Date: May 16, 2006
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: 27
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

$227

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1787 ft²

Average Home Age

81.1 years

Currently For Sale

62 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# 70888581

Frequently Asked Questions

When was property at 5 Ginger Drive built and last sold?
The property at 5 Ginger Drive was built in 1977 and last sold on Jan 1, 1970 for $237,000.
How much is this home worth?
The estimated value of the home located at 5 Ginger Drive is $261,934.
What are some comparable homes to 5 Ginger Drive?
There are currently no comparable homes to 5 Ginger Drive.
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