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Chicopee 01020
535 Prospect St
Photo of 535 Prospect St
Sold on Sep 1, 2026

28

Map

Photo of 535 Prospect St
Photo of 535 Prospect St
$300,000
● House - Off Market

535 Prospect St

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath
square feet
864 Ft²
$1,840
Est. Monthly
10.64%
Cap Rate

About This Property

Welcome to this charming 3 bedroom, 1 bath ranch situated on a desirable corner lot! This home features beautiful hardwood floors, fresh paint, and new appliances, making it ready for its next owner. Enjoy the convenience of a one car garage, two driveways providing ample parking, and a fenced in yard perfect for outdoor enjoyment. Convenient gas heat, with comfortable single level living and a full basement offering additional possibilities, this home is a wonderful opportunity.
Unit Size
864 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$360
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1952

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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: 26 days ago (MLSPIN #73546937)

Price History

Date / Event Date Event Price
Sep 1, 2026 Sold
Premium
Sold
Aug 2, 2026 In contract -
In contract
Jul 23, 2026 Price Decreased $310,999
↓ $8K (2.5%)
Price Decreased
Jul 8, 2026 Listed by Signature Realty $319,000
Listed by Signature Realty
May 22, 2026 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 8
  • 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: 1
  • 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: 521
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,472
  • Total Building Area: 864
  • Gross Building Area: 2,156
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 864
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000194
  • 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: 669-00043
  • Parcel: CHIC M:0669 P:00043
  • Municipality: CHICOPEE
  • Latitude: 42.1998
  • Longitude: -72.5843

    Address

  • Full Address: 535 Prospect St
  • Address - House Number: 535
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C052
  • 4-Digit Zip Code: 2221
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $335,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 258,935
  • High Value: 305,529
  • Low Value: 212,340

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $227,100
  • Assessed Land Value: $100,600
  • Assessed Improvements Value: $126,500

    Sales

  • Current Sale Contract Date: May 26, 2022
  • Current Sale Recording Date: May 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 230618
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:

$310,500

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1736 ft²

Average Home Age

83.3 years

Currently For Sale

65 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: 26 days ago
Data Source: MLS PIN, MLS# 73546937

Frequently Asked Questions

When was property at 535 Prospect Street built and last sold?
The property at 535 Prospect Street was built in 1952 and last sold on May 26, 2022 for $150,000.
How much is this home worth?
The estimated value of the home located at 535 Prospect Street is $316,821.
What are some comparable homes to 535 Prospect Street?
There are currently no comparable homes to 535 Prospect Street.
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