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Chicopee 01020
501 Pendleton Avenue
Photo of 501 Pendleton Avenue
Sold on Sep 10, 2004

1

Map

$229,900
● House - Off Market

501 Pendleton Avenue

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,932 Ft²
$456,961
RealtyHop Estimate
98.77%
Since Oct 1, 2004
National-US
Primary Model

About This Property

Truly magnificent! Hard to find a mini-private estate. Lg. private yard almost 1/2 acre w/lg.deck & 30ft. pool (1yr old). Lg 2 car attached garage.  Liv rm w/fireplace. Formal din rm w/hardwood flrs.  Oversized kitchen; oak cabinets, swanstone sink, stove, refrigerator, microwave remain. 1st flr laundry w/1/2 bath.  Lg fam rm w/slider to deck. Lg master bdrm.  Priv. entr from side of house plus interior access.  Finished rm w/1/2 bath used to be salon.  One owner custom built home. Easy to show!
Unit Size
1,932 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$119
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1987

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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: 5 months ago (MLSPIN #70064864)

Price History

Date / Event Date Event Price
Sep 13, 2004 Sold
Premium
Sold
Jul 19, 2004 Listed $229,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • 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: 4
  • 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: 320
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,750
  • Total Building Area: 1,922
  • Gross Building Area: 4,448
  • Building Area: 1,922
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 1
  • Heated Square Feet: 1,922
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000430
  • 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: 811200

Zoning

  • Zoning: 7

Geography

  • Account Number: 535-00012
  • Parcel: CHIC M:0535 P:00012
  • Municipality: CHICOPEE
  • Latitude: 42.1863
  • Longitude: -72.5817

    Address

  • Full Address: 501 Pendleton Ave
  • Address - House Number: 501
  • Address - Street Name: Pendleton
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C031
  • 4-Digit Zip Code: 2136
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $595,000

    Appraisal Valuation

  • Standard Deviation: 0.1947
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 390,487
  • High Value: 466,537
  • Low Value: 314,437

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $403,100
  • Assessed Land Value: $113,500
  • Assessed Improvements Value: $289,600

    Sales

  • Current Sale Recording Date: Sep 13, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 13581
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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70064864

Frequently Asked Questions

When was property at 501 Pendleton Avenue built and last sold?
The property at 501 Pendleton Avenue was built in 1987 and last sold on Jan 1, 1970 for $229,900.
How much is this home worth?
The estimated value of the home located at 501 Pendleton Avenue is $244,634.
What are some comparable homes to 501 Pendleton Avenue?
There are currently no comparable homes to 501 Pendleton Avenue.
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