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Chicopee 01013
88 Artisan St
$150,000
● House - Off Market

88 Artisan St

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
1 Bath
square feet
993 Ft²
$219,158
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

FANTASTIC RANCH LOOKING GOOD IN GREAT LOCATION!! EASY ACCESS TO MAIN ARTERIEAS AND AMENITIES!! SPACIOUS INTERIOR WITH 3 BEDS AND PARTIALLY FINISHED BASEMENT FOR MORE ROOM!! LARGE FENCED IN LOT, TOO!! THIS IS HOME!! HUD Home. Sold "AS-IS" by electronic bid only. Property available 03-10-20. ONLINE BIDDING period to 03-19-20 at 11:59 PM Central Time; then daily bidding until sold. FHA Case: #251-372922. IE (Insurable with escrow).  Eligible for FHA 203k. Financing terms: FHA , CASH, and CONVENTIONAL. SELLER DISCLOSURES and LBP addendum attached. Buyer to verify all info. Please make an appointment to view this home with a Real Estate A gent or Broker of your choice.
Unit Size
993 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$161
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1962

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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 #72631265)

Price History

Date / Event Date Event Price
Aug 13, 2020 Sold
Premium
Sold
Mar 10, 2020 Listed by Great Homes Real Estate, Inc. $160,000
Listed by Great Homes Real Estate, Inc.
Jan 21, 2020 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 480
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,272
  • Total Building Area: 960
  • Gross Building Area: 2,827
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 1
  • Heated Square Feet: 960
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • 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: 811101

Zoning

  • Zoning: 5

Geography

  • Account Number: 526-00014
  • Parcel: CHIC M:0526 P:00014
  • Municipality: CHICOPEE
  • Latitude: 42.1823
  • Longitude: -72.6188

    Address

  • Full Address: 88 Artisan St
  • Address - House Number: 88
  • Address - Street Name: Artisan
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C017
  • 4-Digit Zip Code: 2053
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $378,900

    Appraisal Valuation

  • Standard Deviation: 0.2174
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 270,543
  • High Value: 329,382
  • Low Value: 211,704

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $256,700
  • Assessed Land Value: $98,800
  • Assessed Improvements Value: $157,900

    Sales

  • Current Sale Contract Date: Aug 10, 2020
  • Current Sale Recording Date: Aug 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 222871
  • Previous Sale Recording Date: Jan 21, 2020
  • Previous Sale Contract Date: Jan 06, 2020
  • Previous Sale Amount: $105,025
  • Previous Sale Document Type: 30
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

Unit for rent at 360 1/2 Tokeneke Rd, MA, 01040

$1,309 /mo

  • 2 Beds
  • 1 Bath
360 1/2 Tokeneke Rd, MA, 01040 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72631265

Frequently Asked Questions

When was property at 88 Artisan Street built and last sold?
The property at 88 Artisan Street was built in 1962 and last sold on Aug 10, 2020 for $150,000.
How much is this home worth?
The estimated value of the home located at 88 Artisan Street is $165,139.
What are some comparable homes to 88 Artisan Street?
There are currently no comparable homes to 88 Artisan Street.
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