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Chicopee 01013
7 Kimball St
$280,000
● House - Off Market

7 Kimball St

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,300 Ft²
$1,638
Est. Monthly

About This Property

Do you have a hobby that requires a large indoor space, or need a large space to store tools and equipment? The 1000+ sqare foot garage that comes with this beautifully renovated home will fit your cars and a whole lot more! With a modern chic look and updated features such as granite countertops and all-black accents throughout, this property offers plenty of potential. Freshly painted, new kitchen all new SS appliances, flooring and wall-to-wall carpeting in each bedroom. It's convenient location next to the interstate makes commuting easy. The huge 1000+ square foot garage has many options!! This property is a great option for a hobbyist looking for storage or a workshop space that allows them to be creative. Buyer and agent to verify use.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$215
Property Type
House
Property Taxes
$263
HOA Dues
-
Year Built
1860

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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 #73199363)

Price History

Date / Event Date Event Price
May 20, 2024 Sold
Premium
Sold
Apr 19, 2024 In contract -
In contract
Mar 20, 2024 Price Decreased $279,900
↓ $5K (1.8%)
Price Decreased
Mar 5, 2024 Price Increased $284,900
↑ $5K (1.8%)
Price Increased
Feb 4, 2024 Listed by Kempf-Vanderburgh Realty Consultants, Inc. $279,900
Listed by Kempf-Vanderburgh Realty Consultants, Inc.
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 2
  • 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: 648
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,379
  • Total Building Area: 2,261
  • Gross Building Area: 3,734
  • Building Area: 2,261
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,261
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000101
  • 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: 810901

Zoning

  • Zoning: 1

Geography

  • Account Number: 60-00021
  • Parcel: CHIC M:0060 P:00021
  • Municipality: CHICOPEE
  • Latitude: 42.1442
  • Longitude: -72.6137

    Address

  • Full Address: 7 Kimball St
  • Address - House Number: 7
  • Address - Street Name: Kimball
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C013
  • 4-Digit Zip Code: 1642
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $315,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.0875
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 92
  • Final Value: 289,388
  • High Value: 314,715
  • Low Value: 264,062

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $214,000
  • Assessed Land Value: $50,400
  • Assessed Improvements Value: $163,600

    Sales

  • Current Sale Contract Date: Sep 15, 2023
  • Current Sale Recording Date: Sep 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 43791
  • Previous Sale Recording Date: Oct 15, 2008
  • Previous Sale Amount: $72,000
  • 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

$228

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1749 ft²

Average Home Age

82.5 years

Currently For Sale

66 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73199363

Frequently Asked Questions

When was property at 7 Kimball Street built and last sold?
The property at 7 Kimball Street was built in 1860 and last sold on Sep 15, 2023 for $140,000.
How much is this home worth?
The estimated value of the home located at 7 Kimball Street is $267,672.
What are some comparable homes to 7 Kimball Street?
There are currently no comparable homes to 7 Kimball Street.
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