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Chicopee 01020
51 Bay State Rd
$144,900
● House - Off Market

51 Bay State Rd

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,320 Ft²
$213,142
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Invest In Your Future! Opportunity to earn sweat equity for an owner occupant or flip for an investor!!! Colonial located in Aldenville in need of updates, kitchen with plenty of cabinets open to dining room, 1st floor laundry in closet off of kitchen, spacious living room, 1st floor full bathroom, the second floor offers 3 bedrooms including a large 10X19 master bedroom, there is a full basement under the living room and a crawlspace under the kitchen/dining room, newer roof, newer natural gas furnace could easily have central air added, vinyl siding, replacement windows, shed, partially fenced backyard can easily be a fully fenced backyard, close to all area amenities including shopping, restaurants, Mass Pike and Route 391, immediate occupancy available!!!
Unit Size
1,320 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$114
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1945

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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: 4 months ago (MLSPIN #72601305)

Price History

Date / Event Date Event Price
Apr 14, 2020 Sold
Premium
Sold
Dec 16, 2019 Listed by ERA M Connie Laplante Real Estate $149,900
Listed by ERA M Connie Laplante Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 6
  • Basement Area: 560
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,320
  • Gross Building Area: 1,922
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000150
  • 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: 6

Geography

  • Account Number: 366-00010
  • Parcel: CHIC M:0366 P:00010
  • Municipality: CHICOPEE
  • Latitude: 42.1734
  • Longitude: -72.5891

    Address

  • Full Address: 51 Bay State Rd
  • Address - House Number: 51
  • Address - Street Name: Bay State
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C030
  • 4-Digit Zip Code: 1522
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $292,400

    Appraisal Valuation

  • Standard Deviation: 0.2151
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 246,309
  • High Value: 299,308
  • Low Value: 193,310

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $198,100
  • Assessed Land Value: $90,400
  • Assessed Improvements Value: $107,700

    Sales

  • Current Sale Contract Date: Mar 11, 2020
  • Current Sale Recording Date: Apr 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19113
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

$227

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1787 ft²

Average Home Age

81.1 years

Currently For Sale

62 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72601305

Frequently Asked Questions

When was property at 51 Bay State Road built and last sold?
The property at 51 Bay State Road was built in 1945 and last sold on Mar 11, 2020 for $144,900.
How much is this home worth?
The estimated value of the home located at 51 Bay State Road is $160,071.
What are some comparable homes to 51 Bay State Road?
There are currently no comparable homes to 51 Bay State Road.
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