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Chicopee 01020
61 Moreau Drive
Photo of 61 Moreau Drive
Sold on Sep 10, 2009

1

Map

$191,000
● House - Off Market

61 Moreau Drive

Chicopee, MA 01020
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,728 Ft²
$413,795
RealtyHop Estimate
109.09%
Since Oct 1, 2009
National-US
Primary Model

About This Property

Too good to be true!  This fabulous 5 bed, 1.5bath Gambrel sits in one of the nicest neighborhoods in Chicopee off Burnett Rd!  1st floor bed could be master or home office, etc.  Large living area with fireplace, formal dining room, spacious kitchen overlooks the park-like back yard.  Family room on lower level offers add'l living space.  Area of beautiful homes close to major routes and shops. Title V in hand.  Call list agent for details. Price reflects as-is condition.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$115
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1966

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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 #70944152)

Price History

Date / Event Date Event Price
Jul 6, 2021 Sold
Premium
Sold
Feb 11, 2021 Listed $390,000
Listed
Sep 10, 2009 Sold
Premium
Sold
Jul 8, 2009 Listed $197,900
Listed
Sep 28, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 384
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,576
  • Total Building Area: 1,728
  • Gross Building Area: 3,076
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUBDIVISION PROPERTYSOUTHWICK
  • Land Acres: 0000000289
  • 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: 12

Geography

  • Account Number: 383-00002
  • Parcel: CHIC M:0383 P:00002
  • Municipality: CHICOPEE
  • Latitude: 42.1764
  • Longitude: -72.5184

    Address

  • Full Address: 61 Moreau Dr
  • Address - House Number: 61
  • Address - Street Name: Moreau
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C029
  • 4-Digit Zip Code: 4828
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $578,400
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1947
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 410,009
  • High Value: 489,861
  • Low Value: 330,157

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $391,900
  • Assessed Land Value: $128,900
  • Assessed Improvements Value: $263,000

    Sales

  • Current Sale Contract Date: Jul 06, 2021
  • Current Sale Recording Date: Jul 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46806
  • Previous Sale Recording Date: Sep 10, 2009
  • Previous Sale Amount: $191,000
  • 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:

$310,500

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1767 ft²

Average Home Age

83.1 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 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70944152

Frequently Asked Questions

When was property at 61 Moreau Drive built and last sold?
The property at 61 Moreau Drive was built in 1966 and last sold on Jul 6, 2021 for $375,000.
How much is this home worth?
The estimated value of the home located at 61 Moreau Drive is $387,985.
What are some comparable homes to 61 Moreau Drive?
There are currently no comparable homes to 61 Moreau Drive.
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