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Chicopee 01013
50 Lorraine St
Photo of 50 Lorraine St

1

Map

$189,000
● House - Off Market

50 Lorraine St

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,686 Ft²
$1,130
Est. Monthly

About This Property

Come take a look at this wonderful 1686 sq ft bungalow with a 2 car garage.  The living room runs the width of the house...there is a formal dining room with sliders out to the patio... kitchen has good cabinet and counter space and all the appliances remain for your enjoyment... 3 good size bedrooms all with walk-in closets...windows are replacement and the house is all gas...basement has a partially finished rec room, bath with shower, laundry area, storage and  work space.
Unit Size
1,686 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$112
Property Type
House
Property Taxes
$201
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71164784)

Price History

Date / Event Date Event Price
Sep 26, 2018 Sold
Premium
Sold
Jun 14, 2018 Listed by Maak Real Estate $219,900
Listed by Maak Real Estate
Nov 30, 2017 Sold
Premium
Sold
Mar 21, 2016 Listed by Coldwell Banker Residential Brokerage - Chicopee $145,000
Listed by Coldwell Banker Residential Brokerage - Chicopee
3 Bedroom 1.5bath Colonial with 2 car Garage and large yard... Spacious kitchen, huge living room, and sliders off the dining room... Nice size bedrooms, with extra large closets... This home is just waiting for you to bring out all the Charm!
Nov 19, 2010 Listed by Maak Real Estate $189,000
Listed by Maak Real Estate
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 834
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,680
  • Gross Building Area: 3,000
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 811102

Zoning

  • Zoning: 5

Geography

  • Account Number: 276-00065
  • Parcel: CHIC M:0276 P:00065
  • Municipality: CHICOPEE
  • Latitude: 42.1639
  • Longitude: -72.6171

    Address

  • Full Address: 50 Lorraine St
  • Address - House Number: 50
  • Address - Street Name: Lorraine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C058
  • 4-Digit Zip Code: 1729
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $390,100

    Appraisal Valuation

  • Standard Deviation: 0.2019
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 316,036
  • High Value: 379,852
  • Low Value: 252,220

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $264,300
  • Assessed Land Value: $74,900
  • Assessed Improvements Value: $189,400

    Sales

  • Current Sale Recording Date: Sep 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57730
  • Previous Sale Recording Date: Nov 30, 2017
  • Previous Sale Amount: $120,000
  • 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:

$310,999

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1728 ft²

Average Home Age

83 years

Currently For Sale

64 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 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera
Unit for rent at 360 1/2 Tokeneke Rd, MA, 01040

$1,309 /mo

  • 2 Beds
  • 1 Bath
360 1/2 Tokeneke Rd, MA, 01040 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71164784

Frequently Asked Questions

When was property at 50 Lorraine Street built and last sold?
The property at 50 Lorraine Street was built in 1940 and last sold on Jan 1, 1970 for $215,000.
How much is this home worth?
The estimated value of the home located at 50 Lorraine Street is $231,474.
What are some comparable homes to 50 Lorraine Street?
There are currently no comparable homes to 50 Lorraine Street.
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