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Chicopee 01020
5 Grise Dr
$270,000
● House - Off Market

5 Grise Dr

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,806 Ft²
$417,416
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

You'll love this gorgeous 2-story colonial with amazing curb appeal and a fenced in backyard. This 3 bedroom, 2.5 bath home with a two car attached heated garage and central air, is the total package. With an appealing open concept, you will find entertaining to be a breeze. The fully applianced eat-in kitchen flows right into the dinning room and spacious living room seamlessly. For those warm summer nights, grab a refreshing drink and walk through the sliding doors to a beautiful large 2-story deck with an attached above ground pool and large backyard. Inside, slipway to a partially finished basement with a built-in bar. The master suite will wow you with its cathedral ceilings and updated master bath.
Unit Size
1,806 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$144
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1963

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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 #72156704)

Price History

Date / Event Date Event Price
Jan 12, 2021 Sold
Premium
Sold
Nov 18, 2020 Listed by Rovithis Realty, LLC $319,900
Listed by Rovithis Realty, LLC
Jun 30, 2017 Sold
Premium
Sold
May 2, 2017 Listed by Rovithis Realty, LLC $260,000
Listed by Rovithis Realty, LLC

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 942
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,762
  • Total Building Area: 1,806
  • Gross Building Area: 3,760
  • Building Area: 1,806
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,806
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • 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: 12

Geography

  • Account Number: 323-00013
  • Parcel: CHIC M:0323 P:00013
  • Municipality: CHICOPEE
  • Latitude: 42.1724
  • Longitude: -72.534

    Address

  • Full Address: 5 Grise Dr
  • Address - House Number: 5
  • Address - Street Name: Grise
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C050
  • 4-Digit Zip Code: 4815
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $515,100

    Appraisal Valuation

  • Standard Deviation: 0.1801
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 393,472
  • High Value: 464,362
  • Low Value: 322,581

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $349,000
  • Assessed Land Value: $119,700
  • Assessed Improvements Value: $229,300

    Sales

  • Current Sale Contract Date: Jan 10, 2021
  • Current Sale Recording Date: Jan 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 224754
  • Previous Sale Recording Date: Jun 30, 2017
  • Previous Sale Contract Date: Jun 28, 2017
  • Previous Sale Amount: $270,000
  • 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:

$310,500

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1736 ft²

Average Home Age

83.3 years

Currently For Sale

65 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# 72156704

Frequently Asked Questions

When was property at 5 Grise Drive built and last sold?
The property at 5 Grise Drive was built in 1963 and last sold on Jan 10, 2021 for $342,000.
How much is this home worth?
The estimated value of the home located at 5 Grise Drive is $328,632.
What are some comparable homes to 5 Grise Drive?
There are currently no comparable homes to 5 Grise Drive.
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