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Chicopee 01020
75 Ludger Avenue
$115,000
● House - Off Market

75 Ludger Avenue

Chicopee, MA 01020
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,460 Ft²
$240,726
RealtyHop Estimate
92.74%
Since Mar 1, 2014
National-US
Primary Model

About This Property

Very affordable, better than renting.  Lovely home offering 3 or 4 bedrooms, pretty equipped kitchen, pantry, ceramic tile bath.  Combination living room and dining room, central vac and garage.  Quick occupancy if needed. Located near schools and park.  Seller is offering up to $4000. for buyers closing costs.
Unit Size
1,460 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$86
Property Type
House
Property Taxes
$201
HOA Dues
-
Year Built
1920

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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 #71540037)

Price History

Date / Event Date Event Price
Feb 7, 2014 Sold
Premium
Sold
Jun 11, 2013 Listed by Coldwell Banker Residential Brokerage - Chicopee $124,900
Listed by Coldwell Banker Residential Brokerage - Chicopee

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 2
  • 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: 1,026
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 1,307
  • Gross Building Area: 3,277
  • Building Area: 1,307
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,307
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • 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: 308-00024
  • Parcel: CHIC M:0308 P:00024
  • Municipality: CHICOPEE
  • Latitude: 42.1683
  • Longitude: -72.5967

    Address

  • Full Address: 75 Ludger Ave
  • Address - House Number: 75
  • Address - Street Name: Ludger
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C037
  • 4-Digit Zip Code: 1039
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $310,300

    Appraisal Valuation

  • Standard Deviation: 0.2074
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 245,693
  • High Value: 296,671
  • Low Value: 194,716

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $210,200
  • Assessed Land Value: $90,800
  • Assessed Improvements Value: $119,400

    Sales

  • Current Sale Recording Date: Feb 07, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5777
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

1782 ft²

Average Home Age

81.8 years

Currently For Sale

61 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# 71540037

Frequently Asked Questions

When was property at 75 Ludger Avenue built and last sold?
The property at 75 Ludger Avenue was built in 1920 and last sold on Jan 1, 1970 for $115,000.
How much is this home worth?
The estimated value of the home located at 75 Ludger Avenue is $135,072.
What are some comparable homes to 75 Ludger Avenue?
There are currently no comparable homes to 75 Ludger Avenue.
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