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Chicopee 01020
71 Providence Street
$170,000
● House - Off Market

71 Providence Street

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,330 Ft²
$276,116
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

Bigger on the inside than it looks from the street; describes this comfortable bungalow.   Recent upgrades include a new roof, remodeled bathroom, updated wiring, and added insulation. Besides the open  front porch there is an enclosed porch, garage with work area, and a wonderful backyard suitable for play and gardening.  The lower level of this home has its own private entrance and is partially finished with a recreation room that has its own bathroom, shower and kitchenette.  All this is within an easy walk to stores, restaurants and other amenities.
Unit Size
1,330 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$132
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1930

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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 #72202409)

Price History

Date / Event Date Event Price
Jan 5, 2018 Sold
Premium
Sold
Jul 22, 2017 Listed by Jones Group REALTORS® $175,000
Listed by Jones Group REALTORS®
Jan 13, 2005 Sold
Premium
Sold
Sep 7, 2004 Listed by Jones Group REALTORS® $139,900
Listed by Jones Group REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 437
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,570
  • Total Building Area: 1,330
  • Gross Building Area: 3,525
  • Building Area: 1,330
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,330
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • 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: 811000

Zoning

  • Zoning: 6

Geography

  • Account Number: 391-00029
  • Parcel: CHIC M:0391 P:00029
  • Municipality: CHICOPEE
  • Latitude: 42.1731
  • Longitude: -72.6016

    Address

  • Full Address: 71 Providence St
  • Address - House Number: 71
  • Address - Street Name: Providence
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C034
  • 4-Digit Zip Code: 1126
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $390,000

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 297,622
  • High Value: 351,178
  • Low Value: 244,066

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $264,200
  • Assessed Land Value: $106,300
  • Assessed Improvements Value: $157,900

    Sales

  • Current Sale Recording Date: Jan 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 691
  • Previous Sale Recording Date: Jan 13, 2005
  • Previous Sale Amount: $139,000
  • 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:

$310,500

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1767 ft²

Average Home Age

83.1 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

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# 72202409

Frequently Asked Questions

When was property at 71 Providence Street built and last sold?
The property at 71 Providence Street was built in 1930 and last sold on Jan 1, 1970 for $170,000.
How much is this home worth?
The estimated value of the home located at 71 Providence Street is $183,082.
What are some comparable homes to 71 Providence Street?
There are currently no comparable homes to 71 Providence Street.
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