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Chicopee 01013
63 Lorraine St
$190,000
● House - Off Market

63 Lorraine St

Chicopee, MA 01013
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,834 Ft²
$347,935
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

Move right into this beautifully updated 4 bedroom home with a desired wide open floor plan on the first floor.  Great home for entertaining!  Beautiful & extra large eat in remodeled kitchen with granite counters, updated cabinets, tile floor, stainless steel appliances and plenty of counter space.  Extra large open living room / dining room area with gleaming hardwood flooring.  Spacious and beautiful enclosed front porch, full bath, laundry area and a good size bedrooom compliment the first floor.  Remodeled full bath on the 2nd floor, along with 3 good size bedrooms, all with gleaming hardwood floors, walk in closets and ceiling fans.  Roof +/- 10 yrs ols, newer boiler, over sized 2 car garage, fenced in yard, nice landscaping.  Minutes to Rt. 391 and Ma Pike. Nothing to do but move right in!
Unit Size
1,834 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$109
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71935536)

Price History

Date / Event Date Event Price
Mar 29, 2016 Sold
Premium
Sold
Nov 23, 2015 Listed by Benton Real Estate Company $199,900
Listed by Benton Real Estate Company
Jun 29, 2007 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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: 16
  • 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: 945
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,739
  • Gross Building Area: 3,215
  • Building Area: 1,739
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,739
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELM PARK
  • Land Acres: 0000000230
  • 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: 276-00049
  • Parcel: CHIC M:0276 P:00049
  • Municipality: CHICOPEE
  • Latitude: 42.1634
  • Longitude: -72.6173

    Address

  • Full Address: 63 Lorraine St
  • Address - House Number: 63
  • Address - Street Name: Lorraine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C058
  • 4-Digit Zip Code: 1728
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $442,500

    Appraisal Valuation

  • Standard Deviation: 0.2019
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 324,806
  • High Value: 390,393
  • Low Value: 259,219

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $299,800
  • Assessed Land Value: $98,700
  • Assessed Improvements Value: $201,100

    Sales

  • Current Sale Recording Date: Mar 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16786
  • Previous Sale Recording Date: Jun 29, 2007
  • Previous Sale Amount: $95,000
  • 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:

$310,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1736 ft²

Average Home Age

83.3 years

Currently For Sale

65 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
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 months ago
Data Source: MLS PIN, MLS# 71935536

Frequently Asked Questions

When was property at 63 Lorraine Street built and last sold?
The property at 63 Lorraine Street was built in 1920 and last sold on Jan 1, 1970 for $190,000.
How much is this home worth?
The estimated value of the home located at 63 Lorraine Street is $211,621.
What are some comparable homes to 63 Lorraine Street?
There are currently no comparable homes to 63 Lorraine Street.
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