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Chicopee 01013
57 Sycamore Lane
$506,000
● House - Off Market

57 Sycamore Lane

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,079 Ft²
$505,695
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

NEW CONSTRUCTION in Chicopee! The last available home to be built on Sycamore Lane (Lot #5)! This colonial home will check a lot of your boxes. It will have an open floor plan with a formal dining room, a spacious living room with a gas fireplace, and a kitchen with SS appliances, granite counters, and a pantry. The primary bedroom will have a tray ceiling, en suite bath, and 2 spacious closets. Still time to select your own finishes! The expected completion is at the end of June.
Unit Size
2,079 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$240
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2022

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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 #72936496)

Price History

Date / Event Date Event Price
Jun 28, 2022 Sold
Premium
Sold
Jan 24, 2022 Listed by Coldwell Banker Realty - Chicopee $499,900
Listed by Coldwell Banker Realty - Chicopee

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,830
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,046
  • Gross Building Area: 3,674
  • Building Area: 2,046
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,046
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • 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

Geography

  • Account Number: 121-00039
  • Parcel: CHIC M:0121 P:00039
  • Municipality: CHICOPEE
  • Latitude: 42.1524
  • Longitude: -72.5974

    Address

  • Full Address: 57 Sycamore Ln
  • Address - House Number: 57
  • Address - Street Name: Sycamore
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C010
  • 4-Digit Zip Code: 4401
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $743,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $503,400
  • Assessed Land Value: $97,200
  • Assessed Improvements Value: $406,200

    Sales

  • Current Sale Contract Date: Jun 28, 2022
  • Current Sale Recording Date: Jun 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 38853
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

$228

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1833 ft²

Average Home Age

81.2 years

Currently For Sale

59 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: 4 months ago
Data Source: MLS PIN, MLS# 72936496

Frequently Asked Questions

When was property at 57 Sycamore Lane built and last sold?
The property at 57 Sycamore Lane was built in 2022 and last sold on Jun 28, 2022 for $506,000.
How much is this home worth?
The estimated value of the home located at 57 Sycamore Lane is $506,359.
What are some comparable homes to 57 Sycamore Lane?
There are currently no comparable homes to 57 Sycamore Lane.
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