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Chicopee 01020
78 Warwick Road
$169,900
● House - Off Market

78 Warwick Road

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,032 Ft²
$286,832
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

This is an adorable ranch for the first time buyer or someone looking to downsize and get into one of the most sought out neighborhoods in Chicopee. The third bedroom adjacent to the kitchen has sliders to a very large rear deck and could be used as a dining room. If you still need a third bedroom there's a finished room in the basement. The kitchen is newer and the bath is updated. Hardwood floors are in all the rooms except the kitchen which is tiled. The back yard is a flat open space for your own creative dreams. Move right in and add your personal touches. The appliances that remain are just one year old. The central air is less than a year as well. The basement is clean and open.
Unit Size
1,032 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$165
Property Type
House
Property Taxes
$201
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 #72031070)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Aug 27, 2021 Sold
Premium
Sold
Jul 21, 2021 Listed by Keller Williams - Pioneer Valley $224,900
Listed by Keller Williams - Pioneer Valley
Jul 19, 2021 In contract -
In contract
Jul 7, 2021 Listed by Real Living Realty Professionals, LLC $229,900
Listed by Real Living Realty Professionals, LLC
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,494
  • Total Building Area: 912
  • Gross Building Area: 2,160
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 912
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000241
  • 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: 811302

Zoning

  • Zoning: 7

Geography

  • Account Number: 564-00051
  • Parcel: CHIC M:0564 P:00051
  • Municipality: CHICOPEE
  • Latitude: 42.1887
  • Longitude: -72.5737

    Address

  • Full Address: 78 Warwick Rd
  • Address - House Number: 78
  • Address - Street Name: Warwick
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C039
  • 4-Digit Zip Code: 3856
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $374,000

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 282,363
  • High Value: 338,816
  • Low Value: 225,909

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $253,400
  • Assessed Land Value: $108,800
  • Assessed Improvements Value: $144,600

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60272
  • Previous Sale Recording Date: Sep 16, 2016
  • Previous Sale Amount: $169,900
  • Previous Sale Document Type: 71
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72031070

Frequently Asked Questions

When was property at 78 Warwick Road built and last sold?
The property at 78 Warwick Road was built in 1955 and last sold on Aug 27, 2021 for $255,000.
How much is this home worth?
The estimated value of the home located at 78 Warwick Road is $227,149.
What are some comparable homes to 78 Warwick Road?
There are currently no comparable homes to 78 Warwick Road.
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