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Chicopee 01020
57 Jefferson Avenue
$255,000
● House - Off Market

57 Jefferson Avenue

Chicopee, MA 01020
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,578 Ft²
$414,246
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Large cape and fabulous lot on great street.  Nicely updated cape with 2 large bedrooms and large full bath with jetted tub on second floor.  Open floor plan on first floor offers living room, office, family room and dining area and full bath with new vanity,   Kitchen has beautiful new granite counter tops with new stainless steel appliances and pot filler faucet.  Entire first floor has new hardwood floor throughout. Large detached 2 car garage with new garage door openers and new metal roof.  House has new windows, new roof and new 200 amp panel.  New carpet on second floor, new Pergo flooring in both baths,  freshly painted throughout and new lighting. New front porch entry with composite decking.
Unit Size
1,578 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$179
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1947

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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: 5 months ago (MLSPIN #72554225)

Price History

Date / Event Date Event Price
Nov 14, 2019 Sold
Premium
Sold
Aug 23, 2019 Listed by Gallagher Real Estate $283,000
Listed by Gallagher Real Estate
Aug 29, 2018 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 1,032
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,400
  • Total Building Area: 1,353
  • Gross Building Area: 3,268
  • Building Area: 1,353
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,353
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000468
  • 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: 811000

Zoning

  • Zoning: 6

Geography

  • Account Number: 335-00037
  • Parcel: CHIC M:0335 P:00037
  • Municipality: CHICOPEE
  • Latitude: 42.1684
  • Longitude: -72.5996

    Address

  • Full Address: 57 Jefferson Ave
  • Address - House Number: 57
  • Address - Street Name: Jefferson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C037
  • 4-Digit Zip Code: 1033
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $406,600

    Appraisal Valuation

  • Standard Deviation: 0.1971
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 321,188
  • High Value: 384,503
  • Low Value: 257,874

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $275,500
  • Assessed Land Value: $114,400
  • Assessed Improvements Value: $161,100

    Sales

  • Current Sale Contract Date: Nov 05, 2019
  • Current Sale Recording Date: Nov 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 66838
  • Previous Sale Recording Date: Aug 29, 2018
  • Previous Sale Amount: $112,000
  • Previous Sale Document Type: O
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

1787 ft²

Average Home Age

83.9 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

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 months ago
Data Source: MLS PIN, MLS# 72554225

Frequently Asked Questions

When was property at 57 Jefferson Avenue built and last sold?
The property at 57 Jefferson Avenue was built in 1947 and last sold on Nov 5, 2019 for $255,000.
How much is this home worth?
The estimated value of the home located at 57 Jefferson Avenue is $287,985.
What are some comparable homes to 57 Jefferson Avenue?
There are currently no comparable homes to 57 Jefferson Avenue.
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