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Chicopee 01020
71 Southwick Street
$45,000
● House - Off Market

71 Southwick Street

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath
$143,901
RealtyHop Estimate
188.38%
Since Oct 1, 2000
National-US
Primary Model

About This Property

GREAT OPPORTUNITY FOR HOMEOWNER OR INVESTOR. THREE BEDROOM COLONIAL IN STABLE CHICOPEE NEIGHBORHOOD. PROPERTY NEEDS REPAIRS INSIDE AND OUT. BEING SOLD IN "AS IS" CONDITION. A MUST SEE - WON'T LAST.
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1925

Payment Calculator

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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 #30411212)

Price History

Date / Event Date Event Price
Jan 9, 2001 Sold
Premium
Sold
Sep 15, 2000 Sold
Premium
Sold
May 12, 2000 Listed $49,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 8
  • 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: 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: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,150
  • Total Building Area: 1,373
  • Gross Building Area: 2,760
  • Building Area: 1,373
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,373
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000118
  • 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: 810700

Zoning

  • Zoning: 4

Geography

  • Account Number: 105-00077
  • Parcel: CHIC M:0105 P:00077
  • Municipality: CHICOPEE
  • Latitude: 42.1524
  • Longitude: -72.5756

    Address

  • Full Address: 71 Southwick St
  • Address - House Number: 71
  • Address - Street Name: Southwick
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C026
  • 4-Digit Zip Code: 3422
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $164,900
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2151
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 203,551
  • High Value: 247,350
  • Low Value: 159,752

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $111,700
  • Assessed Land Value: $68,100
  • Assessed Improvements Value: $43,600

    Sales

  • Current Sale Recording Date: Jan 09, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 15, 2000
  • Previous Sale Amount: $45,000
  • 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

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1793 ft²

Average Home Age

85.8 years

Currently For Sale

69 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 years ago
Data Source: MLS PIN, MLS# 30411212

Frequently Asked Questions

When was property at 71 Southwick Street built and last sold?
The property at 71 Southwick Street was built in 1925 and last sold on Jan 1, 1970 for $72,000.
How much is this home worth?
The estimated value of the home located at 71 Southwick Street is $50,399.
What are some comparable homes to 71 Southwick Street?
There are currently no comparable homes to 71 Southwick Street.
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