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Chicopee 01020
584 Sheridan Street
$400,000
● House - Off Market

584 Sheridan Street

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,700 Ft²
$423,616
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

! Brand new construction and almost done! This home will be complete by the time you're ready to close and you can be in before the holidays! So many wonderful features... Open floor plan, kitchen island, granite counters, stainless steel appliances, on demand hot water system, storage galore, huge first floor laundry room, large bedrooms and oversized closets in all bedrooms, master suite, and much more. Convenient location allows easy access to highways, schools, parks and all area amenities. Don't let the current state of the yard deter you! It will be cleaned up and have plenty of room for you to grill, garden and be outside with family and friends. Showings beginning Saturday, October 9th.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$223
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2021

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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 years ago (MLSPIN #72904924)

Price History

Date / Event Date Event Price
Nov 30, 2021 Sold
Premium
Sold
Oct 6, 2021 Listed by Gallagher Real Estate $379,900
Listed by Gallagher Real Estate

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 30,379
  • Total Building Area: 886
  • Gross Building Area: 2,979
  • Building Area: 886
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 886
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000697
  • 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: 810602

Zoning

  • Zoning: 8

Geography

  • Account Number: 371-0004A
  • Parcel: CHIC M:0371 P:0004A
  • Municipality: CHICOPEE
  • Latitude: 42.1744
  • Longitude: -72.5694

    Address

  • Full Address: 584 Sheridan St
  • Address - House Number: 584
  • Address - Street Name: Sheridan
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C055
  • 4-Digit Zip Code: 2851
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $663,300

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 92
  • Final Value: 393,824
  • High Value: 428,075
  • Low Value: 359,574

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $449,400
  • Assessed Land Value: $119,700
  • Assessed Improvements Value: $329,700

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 84945
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

$230

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1716 ft²

Average Home Age

88.3 years

Currently For Sale

86 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: 5 years ago
Data Source: MLS PIN, MLS# 72904924

Frequently Asked Questions

When was property at 584 Sheridan Street built and last sold?
The property at 584 Sheridan Street was built in 2021 and last sold on Nov 30, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 584 Sheridan Street is $387,792.
What are some comparable homes to 584 Sheridan Street?
There are currently no comparable homes to 584 Sheridan Street.
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