$340,000
●
Multifamily -
Off Market
8-10 Leclair Terr
Chicopee, MA 01013
4 Beds
2 Baths
2,276 Ft²
$338,096
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Minutes to Elm College, Mass Pike, 391 & 91, this Owner Occupy or
Investment property is a HOMERUN! Both units are similar offering 2
nice size Bedrooms & feature a bright open layout with the Dining &
Living Rooms! First Floor unit highlights a remodeled Eat-In
Kitchen with pantry, 2023 updated cabinets, counters & flooring.
BONUS to the low maintenance back yard with cozy deck & a cute
Mudroom to drop your shoes with convenient laundry hookup! Second
Floor unit features an enclosed 3 season front porch, Mudroom with
own Laundry Closet & open back porch! Full Bath shines with 2023
updated tub enclosure, vanity & toilet. 2nd floor access to the
huge Walk-up Attic provides tons of storage or options to make your
own! WOW all 2022/ 2023 updates as per seller: Replacement windows
throughout, 2 Electric Hot Water Tanks, 1 Boiler, vinyl flooring,
2nd floor stair carpeting, 2 Microwaves & interiors freshly
painted! Separate utilities & Lead Paint Certificates make this
MULTI FAMILY A WIN!
Unit Size
2,276 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$149
Property Type
Multifamily
Property Taxes
$275
HOA Dues
-
Year Built
1925
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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 years ago (MLSPIN #73128146)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street, Common, Paved
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Pantry, Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower), Unit 2(Pantry, Lead Certification Available, Storage, Upgraded Countertops, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Mudroom, Other (See Remarks)), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Mudroom, Other (See Remarks))
Appliances: Electric Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Vinyl, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors, Wood Flooring)
Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 1(Washer Hookup, Dryer Hookup)
Rooms: 10
Basement: Full, Walk-Out Access, Interior Entry, Sump Pump, Concrete, Unfinished
Exterior Details
Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 2 Family - 2 Units Up/Down
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Enclosed, Deck
Lead Paint: Certified Treated
Lot Features: Level
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: 1
Water Source: Public
Financial Details
Tax Assessed Value: $217,400
Tax Annual Amount: $3,294
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Hot Water Baseboard, Oil), Unit 2(Hot Water Radiators, Oil)
Sewer : Public Sewer
Location Details
Community Features: Sidewalks
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/22/2023
| |
4 Bed
|
2 Bath
|
2276 ft²
|
$340,000
4 Bed
2 Bath
2276 ft²
|
$340,000
08/11/2023
|
Maria LoPriore
Berkshire Hathaway HomeServices Realty Professionals
|
Building Info
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