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Chicopee 01020
72 Paradise, Street
$280,000
● House - Off Market

72 Paradise, Street

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$285,931
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

One-level living, Ranch style home, featuring  3 bedrooms, 1 full bathroom.Recently installed  replacement windows, painting, refinished hardwoods, newer hot water tank.Full basement with lots of potential and exterior access walk-up (bulk head). Fenced in yard, patio with fire pit, corner lot.Walking distance to Lambert-Lavoie Elementary School, easy access to highways, shopping and casino.Won't last, schedule your showing today!
Unit Size
960 Ft²
Days on Market
-
Land Size
-
Price per sqft
$299
Property Type
House
Property Taxes
$244
HOA Dues
-
Year Built
1971

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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 #73139427)

Price History

Date / Event Date Event Price
Oct 27, 2023 Sold
Premium
Sold
Aug 7, 2023 In contract -
In contract
Aug 6, 2023 Price Decreased $286,999
↓ $10K (3.3%)
Price Decreased
Aug 5, 2023 Price Increased $296,900
↑ $10K (3.5%)
Price Increased
Jul 21, 2023 No longer available -
No longer available
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,143
  • Total Building Area: 960
  • Gross Building Area: 1,920
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 1
  • Heated Square Feet: 960
  • Heating Fuel Type: 2

    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: 811200

Zoning

  • Zoning: 6

Geography

  • Account Number: 420-00076
  • Parcel: CHIC M:0420 P:00076
  • Municipality: CHICOPEE
  • Latitude: 42.1765
  • Longitude: -72.5972

    Address

  • Full Address: 72 Paradise St
  • Address - House Number: 72
  • Address - Street Name: Paradise
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C030
  • 4-Digit Zip Code: 1643
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $315,400

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 249,547
  • High Value: 294,452
  • Low Value: 204,642

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $213,700
  • Assessed Land Value: $83,100
  • Assessed Improvements Value: $130,600

    Sales

  • Current Sale Contract Date: Oct 27, 2023
  • Current Sale Recording Date: Oct 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51285
  • Previous Sale Recording Date: May 30, 2023
  • Previous Sale Contract Date: May 24, 2023
  • Previous Sale Amount: $192,821
  • 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:

$310,000

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73139427

Frequently Asked Questions

When was property at 72 Paradise Street built and last sold?
The property at 72 Paradise Street was built in 1971 and last sold on Oct 27, 2023 for $280,000.
How much is this home worth?
The estimated value of the home located at 72 Paradise Street is $281,865.
What are some comparable homes to 72 Paradise Street?
There are currently no comparable homes to 72 Paradise Street.
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