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Chicopee 01013
55 Norman St.
$155,000
● House - Off Market

55 Norman St.

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,226 Ft²
$283,965
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Convenient, comfortable and affordable is this great cape with plenty of updates. Possible 4th bedroom in upper level currently being used as a sitting room with office area.First floor offers 2 bedrooms and third bedroom on second floor. Remodeled kitchen and bath, and more living space in partially finished basement, gives a family the room they need.  Two car garage has 220 outlets with separate 50 amp electric service. Hurry and make the house your home!!  PROPERTY MAY QUALIFY FOR CHICOPEE GRANT MONEY!!
Unit Size
1,226 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$130
Property Type
House
Property Taxes
$183
HOA Dues
-
Year Built
1950

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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 #71789507)

Price History

Date / Event Date Event Price
Jun 26, 2015 Sold
Premium
Sold
Feb 3, 2015 Listed by Coldwell Banker Residential Brokerage - Chicopee $159,500
Listed by Coldwell Banker Residential Brokerage - Chicopee
Oct 31, 2007 Sold
Premium
Sold
Aug 15, 2007 Listed by Coldwell Banker Residential Brokerage - Chicopee $167,900
Listed by Coldwell Banker Residential Brokerage - Chicopee
Apr 8, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 4
  • 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: 912
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 1,108
  • Gross Building Area: 2,728
  • Building Area: 1,108
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,108
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEWTON TERRACE
  • Land Acres: 0000000092
  • 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: 811101

Zoning

  • Zoning: 5

Geography

  • Account Number: 527-00083
  • Parcel: CHIC M:0527 P:00083
  • Municipality: CHICOPEE
  • Latitude: 42.183
  • Longitude: -72.6163

    Address

  • Full Address: 55 Norman St
  • Address - House Number: 55
  • Address - Street Name: Norman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C017
  • 4-Digit Zip Code: 2309
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $316,500

    Appraisal Valuation

  • Standard Deviation: 0.2174
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 275,416
  • High Value: 335,315
  • Low Value: 215,517

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $214,400
  • Assessed Land Value: $70,200
  • Assessed Improvements Value: $144,200

    Sales

  • Current Sale Recording Date: Jun 26, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33881
  • Previous Sale Recording Date: Oct 31, 2007
  • Previous Sale Amount: $166,800
  • 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 360 1/2 Tokeneke Rd, MA, 01040

$1,309 /mo

  • 2 Beds
  • 1 Bath
360 1/2 Tokeneke Rd, MA, 01040 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# 71789507

Frequently Asked Questions

When was property at 55 Norman Street built and last sold?
The property at 55 Norman Street was built in 1950 and last sold on Jan 1, 1970 for $155,000.
How much is this home worth?
The estimated value of the home located at 55 Norman Street is $168,695.
What are some comparable homes to 55 Norman Street?
There are currently no comparable homes to 55 Norman Street.
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