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Chicopee 01020
51 Bemis Ave
$159,000
● House - Off Market

51 Bemis Ave

Chicopee, MA 01020
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,045 Ft²
$234,563
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Single owner custom built BRICK ranch home on a DOUBLE LOT with lots of possibilities for expansion.  Unique floor plan with oversized living room and brick finish WOOD FIREPLACE. Eat in kitchen, dinning room and two large bedrooms with double closets. An enclosed front porch, a perfect mud room for those warm summer nights, gleaming hardwood floors in both bedrooms and living room, 1 car garage and a shed. An unfinished 2nd floor with high ceilings and replaced windows that could be a master suite or a game room. There is a full basement with both interior access and bulkhead to the fenced yard overlooking SZOT PARK. Updates include, newer electrical box, furnace and oil tank (age of updates is unknown) With the right vision this home has many possibilities!
Unit Size
1,045 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$152
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1941

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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 #72456642)

Price History

Date / Event Date Event Price
May 31, 2019 Sold
Premium
Sold
Feb 25, 2019 Listed by Keller Williams Realty $159,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • 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: 1,143
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,284
  • Gross Building Area: 3,295
  • Building Area: 1,284
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,284
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 810800

Zoning

  • Zoning: 2

Geography

  • Account Number: 67-00054
  • Parcel: CHIC M:0067 P:00054
  • Municipality: CHICOPEE
  • Latitude: 42.1462
  • Longitude: -72.5864

    Address

  • Full Address: 51 Bemis Ave
  • Address - House Number: 51
  • Address - Street Name: Bemis
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C022
  • 4-Digit Zip Code: 1705
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $354,400

    Appraisal Valuation

  • Standard Deviation: 0.1891
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 286,064
  • High Value: 340,164
  • Low Value: 231,964

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $240,100
  • Assessed Land Value: $98,700
  • Assessed Improvements Value: $141,400

    Sales

  • Current Sale Contract Date: May 07, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28803
  • Previous Sale Recording Date: Oct 29, 2018
  • Previous Sale Document Type: 27
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# 72456642

Frequently Asked Questions

When was property at 51 Bemis Avenue built and last sold?
The property at 51 Bemis Avenue was built in 1941 and last sold on May 7, 2019 for $159,000.
How much is this home worth?
The estimated value of the home located at 51 Bemis Avenue is $165,068.
What are some comparable homes to 51 Bemis Avenue?
There are currently no comparable homes to 51 Bemis Avenue.
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