For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Berkshire 01238
640 Chapel Street
$54,900
● House - Off Market

640 Chapel Street

Lee, MA 01238
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,320 Ft²
$56,762
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Blue Vinyl Sided Colonial with 6 Rooms, 3 Bedrooms, and 1 Full Bath featuring a 2x Car Detached Garage. This property is eligible under the Freddie Mac First Look Initiative through 05/09/22. (20 days from List Date). Seller will not allow more for than 10 Days for Inspections. Sold in strictly as-is condition. All offers must have Proof of Funds or Pre-Approval and a min deposit of $1k. Utilities will not be turned on for inspections by the Buyer, Buyer's Agent or the seller. Property has frozen plumbing. Seller will not complete any repairs to the subject property, either lender or buyer requested. The property is sold in AS IS condition.
Unit Size
1,320 Ft²
Days on Market
-
Land Size
1.20 acres
Price per sqft
$42
Property Type
House
Property Taxes
$188
HOA Dues
-
Year Built
1825

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72968280)

Price History

Date / Event Date Event Price
Aug 26, 2022 Sold
Premium
Sold
Apr 19, 2022 Listed by Marty's Real Estate $54,900
Listed by Marty's Real Estate
Jan 11, 2022 Sold
Premium
Sold
Nov 20, 1984 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1825
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 4
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 21
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 660
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,272
  • Total Building Area: 1,320
  • Gross Building Area: 1,980
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001200
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lee School District
  • School Tax School District: LEE SD
  • Census Tract: 914100

Zoning

  • Zoning: RB

Geography

  • Parcel: LEEE M:020 B:00 L:0000-0059.0
  • Lot: 0-59.0
  • Municipality: LEE
  • Latitude: 42.2993
  • Longitude: -73.22

    Address

  • Full Address: 640 Chapel St
  • Address - House Number: 640
  • Address - Street Name: Chapel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lee
  • Carrier Code: R003
  • 4-Digit Zip Code: 9630
  • Zip Code: 01238

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $166,300
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1964
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 60
  • Final Value: 171,768
  • High Value: 205,506
  • Low Value: 138,029

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $140,600
  • Assessed Land Value: $78,900
  • Assessed Improvements Value: $61,700

    Sales

  • Current Sale Contract Date: Aug 18, 2022
  • Current Sale Recording Date: Aug 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1001421
  • Previous Sale Recording Date: Jan 11, 2022
  • Previous Sale Contract Date: Jan 06, 2022
  • Previous Sale Amount: $52,209
  • Previous Sale Document Type: 34
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 Berkshire

Stats & Trends

Median Asking:

$329,900

Sale Price/ft²

$206

Below Asking

0.03%

Average Days on Market

70

Average Home Size

2846 ft²

Average Home Age

95.5 years

Currently For Sale

96 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72968280

Frequently Asked Questions

When was property at 640 Chapel Street built and last sold?
The property at 640 Chapel Street was built in 1825 and last sold on Aug 18, 2022 for $54,900.
How much is this home worth?
The estimated value of the home located at 640 Chapel Street is $67,962.
What are some comparable homes to 640 Chapel Street?
There are currently no comparable homes to 640 Chapel Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Lee Homes for Sale
Lee Houses for Sale
Lee Condos for Sale
Lee Townhouses for Sale
Lee Multifamily for Sale
Lee Land for Sale
Lee Commercial for Sale
Lee Homes with Basements
Nearby Cities
Pittsfield Homes for Sale
Great Barrington Homes for Sale
Lenox Homes for Sale
Housatonic Homes for Sale
Nearby Property Records
Berkshire County, MA Property Records
Columbia County, NY Property Records
Hampshire County, MA Property Records
Rensselaer County, NY Property Records
Hampden County, MA Property Records
Franklin County, MA Property Records
Litchfield County, CT Property Records
Albany County, NY Property Records
Nearby Counties
Pittsfield Homes for Sale
Becket Homes for Sale
Great Barrington Homes for Sale
Otis Homes for Sale
Lenox Homes for Sale
Stockbridge Homes for Sale
Richmond Homes for Sale
Hinsdale Homes for Sale
Top Real Estate Agents
Top Agents in Lee
Top Agents in 01201
Top Agents in Pittsfield
Top Agents in Pittsfield
Top Agents in 01230
Top Agents in Becket
Top Agents in Great Barrington
Top Agents in Otis