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Chicopee 01013
61 State St.
$91,000
● House - Off Market

61 State St.

Chicopee, MA 01013
bedrooms
4 Beds
bathrooms
2 Baths
$291,947
RealtyHop Estimate
217.33%
Since Aug 1, 1999
National-US
Primary Model

About This Property

ADORABLE HOME THAT CAN BE USED AS IN IN-LAW ON 2ND FLOOR PRESENTLY.  FIRST FLOOR OFFERS NEWER CARPETING. LIVING ROOM AND DINING ROOM WITH BEDROOM AND BATH. 2ND FLOOR HAS KITCHEN, LIVING ROOM AND 2 BEDROOMS.
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$128
HOA Dues
-
Year Built
1930

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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 years ago (MLSPIN #30320943)

Price History

Date / Event Date Event Price
Oct 6, 2021 Sold
Premium
Sold
Aug 5, 2021 Listed by Realty World Authier $289,900
Listed by Realty World Authier
Apr 27, 2021 Sold
Premium
Sold
Mar 3, 2021 Listed by Realty World Authier $179,900
Listed by Realty World Authier
Jul 30, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 1,053
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,647
  • Total Building Area: 1,316
  • Gross Building Area: 3,237
  • Building Area: 1,316
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,316
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000107
  • 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: 811102

Zoning

  • Zoning: 5

Geography

  • Account Number: 443-00018
  • Parcel: CHIC M:0443 P:00018
  • Municipality: CHICOPEE
  • Latitude: 42.1762
  • Longitude: -72.619

    Address

  • Full Address: 61 State St
  • Address - House Number: 61
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C006
  • 4-Digit Zip Code: 2129
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $422,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2019
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 317,927
  • High Value: 382,125
  • Low Value: 253,729

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $286,200
  • Assessed Land Value: $73,200
  • Assessed Improvements Value: $213,000

    Sales

  • Current Sale Contract Date: Oct 06, 2021
  • Current Sale Recording Date: Oct 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70975
  • Previous Sale Recording Date: Apr 27, 2021
  • Previous Sale Contract Date: Apr 27, 2021
  • Previous Sale Amount: $170,000
  • 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

$228

Below Asking

0.01%

Average Days on Market

52

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 360 1/2 Tokeneke Rd, MA, 01040

$1,309 /mo

  • 2 Beds
  • 1 Bath
360 1/2 Tokeneke Rd, MA, 01040 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30320943

Frequently Asked Questions

When was property at 61 State Street built and last sold?
The property at 61 State Street was built in 1930 and last sold on Oct 6, 2021 for $292,000.
How much is this home worth?
The estimated value of the home located at 61 State Street is $0.
What are some comparable homes to 61 State Street?
There are currently no comparable homes to 61 State Street.
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