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Chicopee 01013
505 Chicopee St
$115,000
● House - Off Market

505 Chicopee St

Chicopee, MA 01013
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,523 Ft²
$255,276
RealtyHop Estimate
120.26%
Since May 1, 2012
National-US
Primary Model

About This Property

Come see the value in this affordable 4 bedroom, 3 bath cape.  Lots of space and lots of potential - this house needs just a little TLC to call it your home.
Unit Size
1,523 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$76
Property Type
House
Property Taxes
$195
HOA Dues
-
Year Built
1920

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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 #71341765)

Price History

Date / Event Date Event Price
Apr 27, 2012 Sold
Premium
Sold
Feb 22, 2012 Listed by Keller Williams Realty $115,900
Listed by Keller Williams Realty
Oct 17, 2011 Sold
Premium
Sold
Mar 30, 2007 Sold
Premium
Sold
Jan 12, 2007 Listed by Kathy M. Paul Real Estate $164,500
Listed by Kathy M. Paul Real Estate
Immaculate 7 rm, 4 bdrm, 3 full bath older style Cape. Squeaky clean w/tons of closet & storage space. Security system, new fence, all appliances to remain. Also included in sale: Piano, another refridgerator, bar in basement, all 1st flr window dressings. Pre-qual letter submitted prior to showings.
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,088
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,835
  • Total Building Area: 1,360
  • Gross Building Area: 3,328
  • Building Area: 1,360
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,360
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOULEVARD TERRACE
  • Land Acres: 0000000111
  • 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: 471-00023
  • District: 61
  • Parcel: CHIC M:0471 P:00023
  • Municipality: CHICOPEE
  • Latitude: 42.1792
  • Longitude: -72.6182

    Address

  • Full Address: 505 Chicopee St
  • Address - House Number: 505
  • Address - Street Name: Chicopee
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C017
  • 4-Digit Zip Code: 2158
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $433,400

    Appraisal Valuation

  • Standard Deviation: 0.2174
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 314,175
  • High Value: 370,710
  • Low Value: 257,640

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $293,600
  • Assessed Land Value: $74,100
  • Assessed Improvements Value: $219,500

    Sales

  • Current Sale Recording Date: Apr 27, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000002
  • Previous Sale Recording Date: Oct 17, 2011
  • Previous Sale Amount: $101,000
  • Previous Sale Document Type: 34
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

1749 ft²

Average Home Age

82.5 years

Currently For Sale

66 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: 4 months ago
Data Source: MLS PIN, MLS# 71341765

Frequently Asked Questions

When was property at 505 Chicopee Street built and last sold?
The property at 505 Chicopee Street was built in 1920 and last sold on Jan 1, 1970 for $115,000.
How much is this home worth?
The estimated value of the home located at 505 Chicopee Street is $127,717.
What are some comparable homes to 505 Chicopee Street?
There are currently no comparable homes to 505 Chicopee Street.
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