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Chicopee 01020
81 Jennings St
$260,000
● House - Off Market

81 Jennings St

Chicopee, MA 01020
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,619 Ft²
$1,649
Est. Monthly

About This Property

This Full dormer cape has been owned by one family since it was built, and now is your chance to be the next owner! With very spacious rooms, you'll be able to fit a wide variety of furniture! Convenient first floor bedroom, two bedrooms on the second floor, wood floors and one and a half baths. There is an enclosed porch off the living room with access to the exterior. Room off of kitchen could be used as a den or a dining room. Stove, refrigerator, washer and dryer to remain. The open basement is ready for finishing .The garage has electricity and the adjoining covered area can also accommodate a small car. The yard is mostly fenced. The exterior has decorative lighting. A great home that has been well cared for!
Unit Size
1,619 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$167
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1946

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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: 6 months ago (MLSPIN #73175983)

Price History

Date / Event Date Event Price
Dec 22, 2023 Sold
Premium
Sold
Nov 8, 2023 In contract -
In contract
Nov 1, 2023 Listed by Skye Mountain Realty, Inc. $269,900
Listed by Skye Mountain Realty, Inc.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • 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: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 884
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,619
  • Gross Building Area: 2,836
  • Building Area: 1,619
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,619
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 810601

Zoning

  • Zoning: 6

Geography

  • Account Number: 258-00021
  • Parcel: CHIC M:0258 P:00021
  • Municipality: CHICOPEE
  • Latitude: 42.1647
  • Longitude: -72.5805

    Address

  • Full Address: 81 Jennings St
  • Address - House Number: 81
  • Address - Street Name: Jennings
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C054
  • 4-Digit Zip Code: 1933
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $412,400

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 92
  • Final Value: 276,142
  • High Value: 300,158
  • Low Value: 252,126

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $279,400
  • Assessed Land Value: $108,600
  • Assessed Improvements Value: $170,800

    Sales

  • Current Sale Contract Date: Dec 22, 2023
  • Current Sale Recording Date: Dec 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 61127

    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:

$310,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1709 ft²

Average Home Age

88.9 years

Currently For Sale

85 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: 6 months ago
Data Source: MLS PIN, MLS# 73175983

Frequently Asked Questions

When was property at 81 Jennings Street built and last sold?
The property at 81 Jennings Street was built in 1946 and last sold on Dec 22, 2023 for $260,000.
How much is this home worth?
The estimated value of the home located at 81 Jennings Street is $278,846.
What are some comparable homes to 81 Jennings Street?
There are currently no comparable homes to 81 Jennings Street.
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