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Chicopee 01020
74 Jefferson Ave
$205,000
● House - Off Market

74 Jefferson Ave

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath
square feet
900 Ft²
$192,303
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Excellent Location in Aldenville.  Incredible opportunity to purchase this 3 bedroom, one bath, Cape Style home for less than the current assessed value. It is within walking distance to Ray Ashe park and a beautiful city pool. There is a detached one car garage , shed and a large back yard ready for your end of summer BBQ with Family. With some new flooring, paint and some tlc this home can be restored to it's original beauty leaving you with instant equity.  Come take a look today before it's gone!  This location is assigned to Chicopee Comprehensive High School.  Final and Best is due by 9pm Monday 08/22/2022
Unit Size
900 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$205
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1949

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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 #73027497)

Price History

Date / Event Date Event Price
Sep 30, 2022 Sold
Premium
Sold
Aug 19, 2022 Listed by Brochu Real Estate $184,900
Listed by Brochu Real Estate
Apr 27, 2004 Sold
Premium
Sold
Mar 2, 2004 Listed by Brochu Real Estate $142,000
Listed by Brochu Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • 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: 4
  • 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: 720
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,350
  • Total Building Area: 900
  • Gross Building Area: 2,216
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 900
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: E M ALDEN PLAN
  • Land Acres: 0000000215
  • 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: 811000

Zoning

  • Zoning: 6

Geography

  • Account Number: 307-00009
  • Parcel: CHIC M:0307 P:00009
  • Municipality: CHICOPEE
  • Latitude: 42.1683
  • Longitude: -72.6002

    Address

  • Full Address: 74 Jefferson Ave
  • Address - House Number: 74
  • Address - Street Name: Jefferson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C037
  • 4-Digit Zip Code: 1034
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $345,200

    Appraisal Valuation

  • Standard Deviation: 0.2157
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 249,226
  • High Value: 302,989
  • Low Value: 195,462

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $233,900
  • Assessed Land Value: $105,200
  • Assessed Improvements Value: $128,700

    Sales

  • Current Sale Contract Date: Sep 30, 2022
  • Current Sale Recording Date: Sep 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 59073
  • Previous Sale Recording Date: Apr 27, 2004
  • Previous Sale Amount: $142,000
  • 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 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 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# 73027497

Frequently Asked Questions

When was property at 74 Jefferson Avenue built and last sold?
The property at 74 Jefferson Avenue was built in 1949 and last sold on Sep 30, 2022 for $205,000.
How much is this home worth?
The estimated value of the home located at 74 Jefferson Avenue is $187,420.
What are some comparable homes to 74 Jefferson Avenue?
There are currently no comparable homes to 74 Jefferson Avenue.
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