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Chicopee 01020
793 Pendleton
$113,000
● House - Off Market

793 Pendleton

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,164 Ft²
$183,750
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Great opportunity for  someone willing to do a little updating and cosmetics.  New roof 2011, new furnace 2008, new electric circuit breaker panel, new chimney.  A little sweat equity and this property will shine.  Property being sold "AS IS".  Property occupied and need 24 hour notice for showings.
Unit Size
1,164 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$107
Property Type
House
Property Taxes
$228
HOA Dues
-
Year Built
1930

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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 #72488725)

Price History

Date / Event Date Event Price
Aug 15, 2023 Sold
Premium
Sold
Jun 14, 2019 Sold
Premium
Sold
Apr 25, 2019 Listed by Coldwell Banker Residential Brokerage - Chicopee $125,000
Listed by Coldwell Banker Residential Brokerage - Chicopee

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • 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: 18
  • 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: 956
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,400
  • Total Building Area: 1,170
  • Gross Building Area: 2,979
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000491
  • 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: 811200

Zoning

  • Zoning: 7

Geography

  • Account Number: 538-00041
  • Parcel: CHIC M:0538 P:00041
  • Municipality: CHICOPEE
  • Latitude: 42.1869
  • Longitude: -72.5704

    Address

  • Full Address: 793 Pendleton Ave
  • Address - House Number: 793
  • Address - Street Name: Pendleton
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C032
  • 4-Digit Zip Code: 2960
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $342,000

    Appraisal Valuation

  • Standard Deviation: 0.2151
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 278,177
  • High Value: 338,033
  • Low Value: 218,321

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $231,700
  • Assessed Land Value: $114,900
  • Assessed Improvements Value: $116,800

    Sales

  • Current Sale Contract Date: Aug 15, 2023
  • Current Sale Recording Date: Aug 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 37998
  • Previous Sale Recording Date: Jun 14, 2019
  • Previous Sale Contract Date: Jun 14, 2019
  • Previous Sale Amount: $113,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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:

$310,500

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1749 ft²

Average Home Age

82.5 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72488725

Frequently Asked Questions

When was property at 793 Pendleton Avenue built and last sold?
The property at 793 Pendleton Avenue was built in 1930 and last sold on Aug 15, 2023 for $275,000.
How much is this home worth?
The estimated value of the home located at 793 Pendleton Avenue is $133,523.
What are some comparable homes to 793 Pendleton Avenue?
There are currently no comparable homes to 793 Pendleton Avenue.
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