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Chicopee 01013
72 Florence St
$194,000
● House - Off Market

72 Florence St

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
1 Bath
square feet
965 Ft²
$266,962
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Looking for an affordable home in the desirable Ferry Lane section of Chicopee?  Need a large fenced in yard perfect for pets and summer entertaining?  If you answered yes to these questions, then you should rush to check out this six room, three bedroom vinyl sided colonial with newer roof, windows, and driveway.  Wonderful two car detached garage with extra driveway space to store a boat, trailer, RV or extra car.  Fabulous newer two zone gas boiler to keep you warm all winter and a terrific two zone mini-split air conditioning system to keep you cool all summer.  Add in central vac, and stainless steel kitchen appliances, and this home is a real winner.  Enclosed front porch too.  Come see today!
Unit Size
965 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$202
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1910

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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 #72669268)

Price History

Date / Event Date Event Price
Aug 13, 2020 Sold
Premium
Sold
Jun 7, 2020 Listed by Coldwell Banker Residential Brokerage - Longmeadow $194,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Jul 12, 2013 Sold
Premium
Sold
Jan 23, 2013 Listed by Coldwell Banker Residential Brokerage - Longmeadow $139,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 593
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,966
  • Total Building Area: 965
  • Gross Building Area: 1,948
  • Building Area: 965
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 965
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000183
  • 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: 811102

Zoning

  • Zoning: 5

Geography

  • Account Number: 249-00013
  • Parcel: CHIC M:0249 P:00013
  • Municipality: CHICOPEE
  • Latitude: 42.161
  • Longitude: -72.6172

    Address

  • Full Address: 72 Florence St
  • Address - House Number: 72
  • Address - Street Name: Florence
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C009
  • 4-Digit Zip Code: 1408
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $335,800

    Appraisal Valuation

  • Standard Deviation: 0.2174
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 260,725
  • High Value: 317,428
  • Low Value: 204,021

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $227,500
  • Assessed Land Value: $89,000
  • Assessed Improvements Value: $138,500

    Sales

  • Current Sale Contract Date: Aug 11, 2020
  • Current Sale Recording Date: Aug 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 44355
  • Previous Sale Recording Date: Jul 12, 2013
  • Previous Sale Amount: $134,100
  • Previous Sale Document Type: O
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
Unit for rent at 360 1/2 Tokeneke Rd, MA, 01040

$1,309 /mo

  • 2 Beds
  • 1 Bath
360 1/2 Tokeneke Rd, MA, 01040 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# 72669268

Frequently Asked Questions

When was property at 72 Florence Street built and last sold?
The property at 72 Florence Street was built in 1910 and last sold on Aug 11, 2020 for $194,000.
How much is this home worth?
The estimated value of the home located at 72 Florence Street is $196,282.
What are some comparable homes to 72 Florence Street?
There are currently no comparable homes to 72 Florence Street.
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