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Chicopee 01020
715 Lombard Rd
$251,000
● House - Off Market

715 Lombard Rd

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,636 Ft²
$357,766
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Loved for raised ranch on the Ludlow border is looking for its new family! Freshly painted and new carpets are among the few great features this three bed, 2 bath home has to offer! The basement is fully finished and walks out to an enclosed porch. The back yard is to die for; fully fenced in with a private man made pond with coy fish and a  peaceful gazebo! This is an absolute MUST SEE!
Unit Size
1,636 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$149
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72502524)

Price History

Date / Event Date Event Price
Sep 3, 2019 Sold
Premium
Sold
May 17, 2019 Listed by Executive Real Estate, Inc. $244,000
Listed by Executive Real Estate, Inc.
Aug 2, 1993 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 408
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,110
  • Total Building Area: 1,236
  • Gross Building Area: 2,780
  • Building Area: 1,236
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,236
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000760
  • 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: 810602

Zoning

  • Zoning: 8

Geography

  • Account Number: 273-00002
  • Parcel: CHIC M:0273 P:00002
  • Municipality: CHICOPEE
  • Latitude: 42.168
  • Longitude: -72.5183

    Address

  • Full Address: 715 Lombard Rd
  • Address - House Number: 715
  • Address - Street Name: Lombard
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C050
  • 4-Digit Zip Code: 4855
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $516,000

    Appraisal Valuation

  • Standard Deviation: 0.1971
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 349,242
  • High Value: 418,087
  • Low Value: 280,398

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $349,600
  • Assessed Land Value: $121,300
  • Assessed Improvements Value: $228,300

    Sales

  • Current Sale Contract Date: Aug 29, 2019
  • Current Sale Recording Date: Sep 03, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49969
  • Previous Sale Recording Date: Aug 02, 1993
  • Previous Sale Amount: $133,000
  • 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

$227

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

Unit for rent at 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72502524

Frequently Asked Questions

When was property at 715 Lombard Road built and last sold?
The property at 715 Lombard Road was built in 1988 and last sold on Aug 29, 2019 for $251,000.
How much is this home worth?
The estimated value of the home located at 715 Lombard Road is $255,133.
What are some comparable homes to 715 Lombard Road?
There are currently no comparable homes to 715 Lombard Road.
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