725 Lombard Rd
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2025 | Sold | ||
| Sold | |||
| Aug 21, 2025 | In contract | - | |
| In contract | |||
| Aug 19, 2025 | Price Decreased |
$299,900
↓ $40K
(11.8%) | |
| Price Decreased | |||
| Jul 16, 2025 | Listed by Lock and Key Realty, Inc | $340,000 | |
| Listed by Lock and Key Realty, Inc | |||
| | |||
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Looking for the Burnett Rd area in Chicopee, look no further! This 1 acre move-in-ready, charming ranch, is a perfect blend of modern updates with peaceful surroundings. The inviting interior features gleaming hardwood floors throughout, while the kitchen shines with whitewashed knotty pine cabinets, quartz countertops, and stainless steel appliances. The remodeled bathroom offers a spa-like retreat with a tile shower and granite vanity. Step outside to your spacious deck overlooking the private, nearly one-acre yard - ideal for relaxing or entertaining. Practical updates include a newer septic system, replacement windows, and a newer furnace for year-round comfort. The full basement provides excellent storage or expansion potential. Located in a convenient yet quiet setting, close to Chicopee Memorial State Park, and the Chicopee Country Club this home delivers the perfect balance of modern living and natural serenity. Every detail has been thoughtfully addressed for carefree enjoyment.
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| Feb 16, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017