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Chicopee 01013
51 Chapin Street
$200,000
● House - Off Market

51 Chapin Street

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,104 Ft²
$362,941
RealtyHop Estimate
72.91%
Since Nov 1, 2005
National-US
Primary Model

About This Property

Wonderfully cared for 3 bedroom vinyl-sided Ranch. Many hardwood floors, lots of replacement windows. Mudroom, cedar closet, built-in china cabinet, partially finished basement.
Unit Size
1,104 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$190
Property Type
House
Property Taxes
$146
HOA Dues
-
Year Built
1923

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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 years ago (MLSPIN #70250565)

Price History

Date / Event Date Event Price
Feb 13, 2023 Sold
Premium
Sold
Oct 26, 2005 Sold
Premium
Sold
Aug 30, 2005 Listed by Ayre Real Estate Co, Inc. $209,900
Listed by Ayre Real Estate Co, Inc.
Jul 19, 1996 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 575
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,164
  • Total Building Area: 1,085
  • Gross Building Area: 2,065
  • Building Area: 1,085
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,085
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000142
  • 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: 810902

Zoning

  • Zoning: 2

Geography

  • Account Number: 48-00018
  • Parcel: CHIC M:0048 P:00018
  • Municipality: CHICOPEE
  • Latitude: 42.143
  • Longitude: -72.6055

    Address

  • Full Address: 51 Captain Mac St
  • Address - House Number: 51
  • Address - Street Name: Captain Mac
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C008
  • 4-Digit Zip Code: 2515
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $235,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2229
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 69
  • Final Value: 203,692
  • High Value: 249,112
  • Low Value: 158,271

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $159,500
  • Assessed Land Value: $80,400
  • Assessed Improvements Value: $79,100

    Sales

  • Current Sale Contract Date: Feb 13, 2023
  • Current Sale Recording Date: Feb 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6914
  • Previous Sale Recording Date: Jul 19, 1996
  • Previous Sale Amount: $40,500
  • 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

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1723 ft²

Average Home Age

88.1 years

Currently For Sale

89 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: 5 years ago
Data Source: MLS PIN, MLS# 70250565

Frequently Asked Questions

When was property at 51 Chapin Street built and last sold?
The property at 51 Chapin Street was built in 1923 and last sold on Feb 13, 2023 for $120,000.
How much is this home worth?
The estimated value of the home located at 51 Chapin Street is $0.
What are some comparable homes to 51 Chapin Street?
There are currently no comparable homes to 51 Chapin Street.
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