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Chicopee 01020
56 Pondview Dr
$225,000
● House - Off Market

56 Pondview Dr

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,048 Ft²
$298,108
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

WARMTH, STYLE AND CHARM is the best way to describe this rock-solid and well-maintained ranch home! Nicely updated eat-in kitchen with appliances, spacious living room with natural gas fireplace and original hardwood flooring throughout. Meticulous inside and out, and completely move in ready! Updates include replacement windows and vinyl siding. Spacious full basement, partially finished, laundry hook-ups, and plenty of storage. You'll love the option of having a covered screened-in porch in the summer, big enough for lounging and entertaining, and the dual use of using it as a carport in the winter! Two storage sheds, and a double-wide driveway. A truly wonderful lot in a small residential neighborhood. Just minutes to all amenities and major routes. THIS WILL NOT LAST!
Unit Size
1,048 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$205
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1957

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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: 4 months ago (MLSPIN #72682807)

Price History

Date / Event Date Event Price
Jul 31, 2020 Sold
Premium
Sold
Jun 30, 2020 Listed by Canon Real Estate, Inc. $215,000
Listed by Canon Real Estate, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • 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: 1,048
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 1,048
  • Gross Building Area: 2,504
  • Building Area: 1,048
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,048
  • 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: 610-00001
  • Parcel: CHIC M:0610 P:00001
  • Municipality: CHICOPEE
  • Latitude: 42.1919
  • Longitude: -72.5789

    Address

  • Full Address: 56 Pondview Dr
  • Address - House Number: 56
  • Address - Street Name: Pondview
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C031
  • 4-Digit Zip Code: 2139
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $419,600

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 296,194
  • High Value: 355,412
  • Low Value: 236,975

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $284,300
  • Assessed Land Value: $103,300
  • Assessed Improvements Value: $181,000

    Sales

  • Current Sale Contract Date: Jul 18, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41634
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72682807

Frequently Asked Questions

When was property at 56 Pondview Drive built and last sold?
The property at 56 Pondview Drive was built in 1957 and last sold on Jul 18, 2020 for $225,000.
How much is this home worth?
The estimated value of the home located at 56 Pondview Drive is $220,219.
What are some comparable homes to 56 Pondview Drive?
There are currently no comparable homes to 56 Pondview Drive.
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