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Chicopee 01020
71 Nye St
$164,000
● House - Off Market

71 Nye St

Chicopee, MA 01020
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,259 Ft²
$261,228
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

This one owner home on over a 1/4 acre lot is looking for its second owner to make their own. Hard to find 4 Bedroom and 2 full bath at a end of a dead end street in Chicopee for $164,900!!! You will love this 6 room 4 bedroom cape with attached garage and large partially fenced in flat backyard. Two bedrooms on the second floor with full bath and two bedroom on the first floor with additional full bath. Home has wood floors throughout including under carpeting APO. The brick and siding makes for a low maintenance exterior. A little sweat equity will go along way with this home.
Unit Size
1,259 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$131
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1964

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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 #72255214)

Price History

Date / Event Date Event Price
Dec 29, 2017 Sold
Premium
Sold
Nov 14, 2017 Listed by Teamwork Realty Group, LLC $164,900
Listed by Teamwork Realty Group, LLC

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 870
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,251
  • Total Building Area: 1,088
  • Gross Building Area: 2,910
  • Building Area: 1,088
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,088
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000281
  • 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: 755-00005
  • Parcel: CHIC M:0755 P:00005
  • Municipality: CHICOPEE
  • Latitude: 42.2092
  • Longitude: -72.5872

    Address

  • Full Address: 71 Nye St
  • Address - House Number: 71
  • Address - Street Name: Nye
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C046
  • 4-Digit Zip Code: 3210
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $398,100

    Appraisal Valuation

  • Standard Deviation: 0.2151
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 290,748
  • High Value: 353,309
  • Low Value: 228,187

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $269,700
  • Assessed Land Value: $109,700
  • Assessed Improvements Value: $160,000

    Sales

  • Current Sale Recording Date: Dec 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77698
  • Previous Sale Recording Date: Sep 18, 2014
  • 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

52

Average Home Size

1787 ft²

Average Home Age

81.1 years

Currently For Sale

62 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72255214

Frequently Asked Questions

When was property at 71 Nye Street built and last sold?
The property at 71 Nye Street was built in 1964 and last sold on Jan 1, 1970 for $164,000.
How much is this home worth?
The estimated value of the home located at 71 Nye Street is $172,230.
What are some comparable homes to 71 Nye Street?
There are currently no comparable homes to 71 Nye Street.
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