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Chicopee 01013
50 Riverpark Ave
$154,000
● House - Off Market

50 Riverpark Ave

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,176 Ft²
$317,561
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

ENTICING PRICE FOR THIS SPACIOUS AND WELL LOVED RANCH!!! This home features open floor plan, fully appliance kitchen, 26 X 7 feet enclosed porch. Finished basement with a 2nd kitchen, LR/DR combo, bedroom, bonus room & 1/2 bath. Great yard/patio to relax under the grapevine & take a nice long siesta "grapes R now ripped", oversize 2 car gar, fenced yard & shed. Beautiful perennials for flower lovers, exterior brick fireplace & have the best lawn in the St, with a well for exterior watering only.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$136
Property Type
House
Property Taxes
$211
HOA Dues
-
Year Built
1962

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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: 5 months ago (MLSPIN #71427844)

Price History

Date / Event Date Event Price
May 17, 2013 Sold
Premium
Sold
Aug 28, 2012 Listed by Real Living Realty Professionals, LLC $159,900
Listed by Real Living Realty Professionals, LLC

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,176
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,495
  • Total Building Area: 1,344
  • Gross Building Area: 2,520
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000333
  • 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: 442-00066
  • Parcel: CHIC M:0442 P:00066
  • Municipality: CHICOPEE
  • Latitude: 42.1752
  • Longitude: -72.6238

    Address

  • Full Address: 50 Riverpark Ave
  • Address - House Number: 50
  • Address - Street Name: Riverpark
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C006
  • 4-Digit Zip Code: 1122
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $400,300

    Appraisal Valuation

  • Standard Deviation: 0.2019
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 297,348
  • High Value: 357,391
  • Low Value: 237,306

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $271,200
  • Assessed Land Value: $101,000
  • Assessed Improvements Value: $170,200

    Sales

  • Current Sale Recording Date: May 17, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 30818
  • Previous Sale Recording Date: May 17, 2013
  • Previous Sale Amount: $154,000
  • 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:

$310,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1787 ft²

Average Home Age

83.9 years

Currently For Sale

69 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 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: 5 months ago
Data Source: MLS PIN, MLS# 71427844

Frequently Asked Questions

When was property at 50 Riverpark Avenue built and last sold?
The property at 50 Riverpark Avenue was built in 1962 and last sold on Jan 1, 1970 for $154,000.
How much is this home worth?
The estimated value of the home located at 50 Riverpark Avenue is $167,254.
What are some comparable homes to 50 Riverpark Avenue?
There are currently no comparable homes to 50 Riverpark Avenue.
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