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Chicopee 01020
657 Prospect St
$211,000
● House - Off Market

657 Prospect St

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,958 Ft²
$318,077
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Seller is MOTIVATED!!!  Home features an open floor plan and first floor laundry.  Large master bedroom with a full bath and large walk in closet. located on the second floor along with two additional bedrooms.  Bedrooms have custom built-ins that you wont find in new constructions.  The partially finished basement offers a great space for a media room as well as tons of storage. A covered car port allows for easy access into the house from the driveway.  If you don't like yard work this is the house for you, the petite yard is very low maintenance, but still has plenty of curb appeal.  Located just minutes from the highway and several shopping areas makes this property a MUST SEE.      Roof was replaced in 2017.  .  Furnace and windows were updated in 2012.
Unit Size
1,958 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$107
Property Type
House
Property Taxes
$212
HOA Dues
-
Year Built
1955

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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 months ago (MLSPIN #72296552)

Price History

Date / Event Date Event Price
Oct 16, 2018 Sold
Premium
Sold
Mar 21, 2018 Listed by EXIT Real Estate Executives $210,000
Listed by EXIT Real Estate Executives
Jul 18, 2012 Sold
Premium
Sold
Feb 6, 2012 Listed by EXIT Real Estate Executives $155,000
Listed by EXIT Real Estate Executives
Mar 25, 2011 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,164
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 2,006
  • Gross Building Area: 4,100
  • Building Area: 2,006
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,006
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 811301

Zoning

  • Zoning: 7

Geography

  • Account Number: 688-00022
  • Parcel: CHIC M:0688 P:00022
  • Municipality: CHICOPEE
  • Latitude: 42.2012
  • Longitude: -72.5803

    Address

  • Full Address: 657 Prospect St
  • Address - House Number: 657
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C052
  • 4-Digit Zip Code: 3047
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $454,600

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 331,124
  • High Value: 397,326
  • Low Value: 264,922

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $308,000
  • Assessed Land Value: $82,400
  • Assessed Improvements Value: $225,600

    Sales

  • Current Sale Recording Date: Oct 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 61919
  • Previous Sale Recording Date: Jul 18, 2012
  • Previous Sale Amount: $140,000
  • 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

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1783 ft²

Average Home Age

83.5 years

Currently For Sale

72 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72296552

Frequently Asked Questions

When was property at 657 Prospect Street built and last sold?
The property at 657 Prospect Street was built in 1955 and last sold on Jan 1, 1970 for $211,000.
How much is this home worth?
The estimated value of the home located at 657 Prospect Street is $221,986.
What are some comparable homes to 657 Prospect Street?
There are currently no comparable homes to 657 Prospect Street.
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