$229,500
●
Condo -
Off Market
87 Outer Dr #87
Chicopee, MA 01022
2 Beds
1 Bath
800 Ft²
$1,624
Est. Monthly
$277
HOA / Fees
10.80%
Cap Rate
About This Property
Welcome to this affordable one-level condo located at The Crossing
at Ridgewood Village. This corner/end garden style condo offers one
floor living and easy access to many area amenities and highway
access. This well maintained unit offers newer flooring,
appliances, and a brand new hot water heater. Enjoy your
galley-style kitchen with updated appliances, plenty of cabinet
space, high ceilings, dining area, and in-unit laundry. The kitchen
overlooks your private outdoor patio that offers plenty of room for
entertaining. This unit also features a generously-sized living
room with a large window that allows plenty of sunlight. There are
two generously-sized bedrooms with plenty of closet space and an
updated full bath. In addition, this unit also offers a one car
detached garage. Beautifully maintained ground, amenities include
clubhouse and in-ground swimming pool. Schedule your showing today
and start living your carefree condo lifestyle!
Unit Size
800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$287
Property Type
Condo
Property Taxes
$220
HOA Dues
$277
Year Built
1952
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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: 2 years ago (MLSPIN #73327421)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 24, 2025 | Sold | ||
| Sold | |||
| Feb 6, 2025 | In contract | - | |
| In contract | |||
| Jan 19, 2025 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $229,500 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
| | |||
|
Welcome to this affordable one-level condo located at The Crossing at Ridgewood Village. This corner/end garden style condo offers one floor living and easy access to many area amenities and highway access. This well maintained unit offers newer flooring, appliances, and a brand new hot water heater. Enjoy your galley-style kitchen with updated appliances, plenty of cabinet space, high ceilings, dining area, and in-unit laundry. The kitchen overlooks your private outdoor patio that offers plenty of room for entertaining. This unit also features a generously-sized living room with a large window that allows plenty of sunlight. There are two generously-sized bedrooms with plenty of closet space and an updated full bath. In addition, this unit also offers a one car detached garage. Beautifully maintained ground, amenities include clubhouse and in-ground swimming pool. Schedule your showing today and start living your carefree condo lifestyle!
| |||
| Nov 30, 2022 | Sold | ||
| Sold | |||
| Oct 17, 2022 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Interior Details
Level: First
Features: Closet, Flooring - Vinyl, Window(s) - Picture
Level: First
Features: Ceiling Fan(s), Flooring - Vinyl
Level: First
Features: Flooring - Vinyl, Breakfast Bar / Nook, Dryer Hookup - Electric, Washer Hookup
Level: First
Features: Ceiling Fan(s), Flooring - Vinyl
Features: Bathroom - Full, Flooring - Vinyl
Level: First
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Laundry Features: First Floor, In Unit
Rooms: 4
Basement: N
Parking Details
Has Garage
Parking Features: Detached, Assigned, Guest
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: The Crossing At Ridgewood Village
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Patio and Porch Features: Patio
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: 206
Parcel Number: M:00W4 P:00K16, 2500002
Water Source: Public
Financial Details
Tax Assessed Value: $174,100
Tax Annual Amount: $2,639
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Pool, Clubroom
HOA Fee: $277
Community Features: Shopping, Pool, Highway Access
Pets Allowed: Yes w/ Restrictions
Complex is Completed
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 |
|---|---|---|---|---|---|---|---|
|
01/19/2025
|
2 Bed
|
1 Bath
|
800 ft²
|
$234,900
2 Bed
1 Bath
800 ft²
|
$229,500
-2.30%
03/24/2025
|
Anna Bishop
Real Living Realty Professionals, LLC
| |
|
10/15/2022
|
2 Bed
|
1 Bath
|
800 ft²
|
$175,000
2 Bed
1 Bath
800 ft²
|
$182,000
+4.00%
11/30/2022
|
Anna Bishop
Real Living Realty Professionals, LLC
| |
|
05/19/2020
|
2 Bed
|
1 Bath
|
800 ft²
|
$132,000
2 Bed
1 Bath
800 ft²
|
$137,000
+3.79%
07/27/2020
|
Jennifer Sanchez
BKaye Realty
| |
|
06/07/2004
|
2 Bed
|
1 Bath
|
790 ft²
|
$104,000
2 Bed
1 Bath
790 ft²
|
$108,000
+3.85%
07/23/2004
|
Susan Vachon
Century 21 Hometown Assoc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017