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Chicopee 01020
508 East Street
Photo of 508 East Street
Sold on Dec 23, 2009

1

Map

$183,000
● House - Off Market

508 East Street

Chicopee, MA 01020
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,470 Ft²
$383,517
RealtyHop Estimate
114.26%
Since Jan 1, 2010
National-US
Primary Model

About This Property

Not your typical CAPE! Charming  home boasts 7 rms 4 bdrms  lots of natural woodwork & wood flooring thru-out, bright spacious l.r. w/f.p., & french door opens to cozy sunrm, enc. porch off eat-in kit, newer cook top range, built-in wall oven, updtd bath w/c tile, & 1st fl. MBR.,  2nd level has 2 more lg bdrms wood floors, ample attic space offers possibility for 2nd bath.  Part'l fin bsmnt w/bar. New roof, updtd. elec., boiler 10 yrs old, easy access to highways! Fenced yard area!
Unit Size
1,470 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$122
Property Type
House
Property Taxes
$203
HOA Dues
-
Year Built
1925

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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 #70989705)

Price History

Date / Event Date Event Price
Dec 23, 2009 Sold
Premium
Sold
Oct 15, 2009 Listed $179,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 541
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,867
  • Total Building Area: 1,470
  • Gross Building Area: 3,776
  • Building Area: 1,470
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,470
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000387
  • 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: 810700

Zoning

  • Zoning: 2

Geography

  • Account Number: 72-00042
  • Parcel: CHIC M:0072 P:00042
  • Municipality: CHICOPEE
  • Latitude: 42.1492
  • Longitude: -72.5658

    Address

  • Full Address: 508 East St
  • Address - House Number: 508
  • Address - Street Name: East
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C024
  • 4-Digit Zip Code: 4146
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $373,000

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 306,570
  • High Value: 367,863
  • Low Value: 245,277

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $252,700
  • Assessed Land Value: $102,200
  • Assessed Improvements Value: $150,500

    Sales

  • Current Sale Recording Date: Dec 23, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 85737
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

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1742 ft²

Average Home Age

84.2 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70989705

Frequently Asked Questions

When was property at 508 East Street built and last sold?
The property at 508 East Street was built in 1925 and last sold on Jan 1, 1970 for $183,000.
How much is this home worth?
The estimated value of the home located at 508 East Street is $187,957.
What are some comparable homes to 508 East Street?
There are currently no comparable homes to 508 East Street.
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