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Chicopee 01020
70 Old Farm Road
$234,000
● House - Off Market

70 Old Farm Road

Chicopee, MA 01020
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,196 Ft²
$517,679
RealtyHop Estimate
109.67%
Since May 1, 2009
National-US
Primary Model

About This Property

MUST SELL, ALL OFFERS CONSIDERED! Well maintained Colonial with 4 Bedrooms, 2.5 Baths. Updated kitchen, baths, heating system, electrical. Nothing to do but move in. Desirable well established quiet neighborhood, convenient to shopping and easy access to Mass. Pike. In-Ground Pool, Hot Tub,Pond with sprinkler/fountain. Oversized storage shed and new driveway. Additional bedroom and office in finished basement. $1,000 bonus to selling agent if closed by April 30, 2009
Unit Size
2,196 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$112
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1962

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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 #70781965)

Price History

Date / Event Date Event Price
Apr 30, 2009 Sold
Premium
Sold
Jun 23, 2008 Listed by Berkshire Hathaway HomeServices Realty Professionals $246,900
Listed by Berkshire Hathaway HomeServices Realty Professionals

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 300
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 12,900
  • Total Building Area: 2,196
  • Gross Building Area: 3,296
  • Building Area: 2,196
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,196
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000296
  • 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: 631-00019
  • Parcel: CHIC M:0631 P:00019
  • Municipality: CHICOPEE
  • Latitude: 42.1959
  • Longitude: -72.5799

    Address

  • Full Address: 70 Old Farm Rd
  • Address - House Number: 70
  • Address - Street Name: Old Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C020
  • 4-Digit Zip Code: 3052
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $469,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1908
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 377,455
  • High Value: 449,494
  • Low Value: 305,417

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $318,000
  • Assessed Land Value: $110,100
  • Assessed Improvements Value: $207,900

    Sales

  • Current Sale Recording Date: Apr 29, 2013
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000019
  • Previous Sale Recording Date: Apr 30, 2009
  • Previous Sale Amount: $234,000
  • Previous Sale Document Type: 48
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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70781965

Frequently Asked Questions

When was property at 70 Old Farm Road built and last sold?
The property at 70 Old Farm Road was built in 1962 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 70 Old Farm Road is $0.
What are some comparable homes to 70 Old Farm Road?
There are currently no comparable homes to 70 Old Farm Road.
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