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Chicopee 01020
73 Leo Dr.
$237,400
● House - Off Market

73 Leo Dr.

Chicopee, MA 01020
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,148 Ft²
$437,876
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

Move right in to this Ranch style home  with a huge " in-law" addition . The entire home has been updated with an open floor plan ,  abundant , bright maple cabinets granite counters , paddle fans ,  and  a pellet stove . The addition has a separate kitchen , full bathroom and laundry connections and a 14'x30' garage. The partially finished basement has a third bathroom with porcelain tile.
Unit Size
2,148 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$109
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1955

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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 #71709141)

Price History

Date / Event Date Event Price
Oct 17, 2014 Sold
Premium
Sold
Jul 7, 2014 Listed by Connections Real Estate $234,900
Listed by Connections Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 628
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,200
  • Total Building Area: 2,188
  • Gross Building Area: 3,843
  • Building Area: 2,188
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,188
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000257
  • 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: 811301

Zoning

  • Zoning: 7

Geography

  • Account Number: 562-00005
  • Parcel: CHIC M:0562 P:00005
  • Municipality: CHICOPEE
  • Latitude: 42.1885
  • Longitude: -72.5809

    Address

  • Full Address: 73 Leo Dr
  • Address - House Number: 73
  • Address - Street Name: Leo
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C031
  • 4-Digit Zip Code: 2114
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $523,100

    Appraisal Valuation

  • Standard Deviation: 0.1947
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 382,392
  • High Value: 456,865
  • Low Value: 307,918

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $354,400
  • Assessed Land Value: $109,200
  • Assessed Improvements Value: $245,200

    Sales

  • Current Sale Recording Date: Oct 17, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51993
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

$228

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71709141

Frequently Asked Questions

When was property at 73 Leo Drive built and last sold?
The property at 73 Leo Drive was built in 1955 and last sold on Jan 1, 1970 for $237,400.
How much is this home worth?
The estimated value of the home located at 73 Leo Drive is $249,633.
What are some comparable homes to 73 Leo Drive?
There are currently no comparable homes to 73 Leo Drive.
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