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Chicopee 01020
513 Irene Street
Photo of 513 Irene Street
Sold on Jul 25, 2025

34

Map

Photo of 513 Irene Street
Photo of 513 Irene Street
$290,000
● House - Off Market

513 Irene Street

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,016 Ft²
$1,694
Est. Monthly
7.24%
Cap Rate

About This Property

One Level Living!  Affordable ranch style home located in Fairview is a must see! Many updates include vinyl siding, vinyl replacement windows, newer exterior front door, new gas boiler Nov 2024, oak cabinets with granite countertops in kitchen, updated bath. Large living room with hardwood floors and fireplace with gas insert, hardwood floors in all bedrooms, large 2 level deck off sliders from kitchen dining area and a walk-out basement that is partially finished even has half bath with laundry.  Garage, partially fenced rear yard that backs up to wooded area for privacy.  Convenient location close to highway access, stores, restaurants and all area amenities.  Affordable home has so much to offer!  Schedule your private viewing today!
Unit Size
1,016 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$275
Property Type
House
Property Taxes
$320
HOA Dues
-
Year Built
1958

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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: 2 years ago (MLSPIN #73367874)

Price History

Date / Event Date Event Price
Jul 25, 2025 Sold
Premium
Sold
Jun 7, 2025 In contract -
In contract
Jun 3, 2025 Price Decreased $279,900
↓ $15K (5.1%)
Price Decreased
May 13, 2025 Relisted $295,000
Relisted
May 6, 2025 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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: 11
  • 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: 508
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 1,016
  • Gross Building Area: 2,672
  • Building Area: 1,016
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,016
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • 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: 811301

Zoning

  • Zoning: 7

Geography

  • Account Number: 610-00030
  • Parcel: CHIC M:0610 P:00030
  • Municipality: CHICOPEE
  • Latitude: 42.1926
  • Longitude: -72.5777

    Address

  • Full Address: 513 Irene St
  • Address - House Number: 513
  • Address - Street Name: Irene
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C052
  • 4-Digit Zip Code: 2265
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $383,500

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 285,207
  • High Value: 336,529
  • Low Value: 233,885

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $259,800
  • Assessed Land Value: $103,300
  • Assessed Improvements Value: $156,500
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

1793 ft²

Average Home Age

85.8 years

Currently For Sale

69 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73367874

Frequently Asked Questions

When was property at 513 Irene Street built and last sold?
The property at 513 Irene Street was built in 1958 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 513 Irene Street is $281,022.
What are some comparable homes to 513 Irene Street?
There are currently no comparable homes to 513 Irene Street.
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