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Chicopee 01013
77 Norman St
$260,000
● House - Off Market

77 Norman St

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,094 Ft²
$1,410
Est. Monthly

About This Property

Great 3 bedroom ranch with hardwood floors under carpet, large sunny kitchen and dining room and good sized living room with handsome fireplace. All three bedrooms have ample closets and hardwoods under carpet. Basement is wide open for storage or refinishing, has built in workbench and cabinets, laundry area with a sink and a brand new oil tank. Outside is a nice sized partially fenced, flat yard, charming front porch and a shed. This home was lovingly maintained by the same owners for over 50 years and is located in a quiet neighborhood close to amenities and highways.
Unit Size
1,094 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$215
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1950

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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: 5 months ago (MLSPIN #73180521)

Price History

Date / Event Date Event Price
Jan 5, 2024 Sold
Premium
Sold
Nov 22, 2023 In contract -
In contract
Nov 15, 2023 Listed by Real Broker MA, LLC $234,900
Listed by Real Broker MA, LLC

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 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: 959
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,600
  • Total Building Area: 1,094
  • Gross Building Area: 2,190
  • Building Area: 1,094
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,094
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000174
  • 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: 811101

Zoning

  • Zoning: 5

Geography

  • Account Number: 527-00079
  • Parcel: CHIC M:0527 P:00079
  • Municipality: CHICOPEE
  • Latitude: 42.1835
  • Longitude: -72.6169

    Address

  • Full Address: 77 Norman St
  • Address - House Number: 77
  • Address - Street Name: Norman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C017
  • 4-Digit Zip Code: 2311
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $325,500
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.0875
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 92
  • Final Value: 237,668
  • High Value: 258,468
  • Low Value: 216,868

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $220,500
  • Assessed Land Value: $87,300
  • Assessed Improvements Value: $133,200

    Sales

  • Current Sale Contract Date: Jan 05, 2024
  • Current Sale Recording Date: Jan 05, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 774
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

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1742 ft²

Average Home Age

84.2 years

Currently For Sale

66 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 360 1/2 Tokeneke Rd, MA, 01040

$1,309 /mo

  • 2 Beds
  • 1 Bath
360 1/2 Tokeneke Rd, MA, 01040 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73180521

Frequently Asked Questions

When was property at 77 Norman Street built and last sold?
The property at 77 Norman Street was built in 1950 and last sold on Jan 5, 2024 for $260,000.
How much is this home worth?
The estimated value of the home located at 77 Norman Street is $241,339.
What are some comparable homes to 77 Norman Street?
There are currently no comparable homes to 77 Norman Street.
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