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Chicopee 01020
882 Mckinstry Ave
$69,910
● House - Off Market

882 Mckinstry Ave

Chicopee, MA 01020
bedrooms
2 Beds
bathrooms
1 Bath
square feet
792 Ft²
$88,444
RealtyHop Estimate
77.24%
Since Feb 1, 2016
National-US
Primary Model

About This Property

INVESTOR SPECIAL!!!     2/3 Bedroom Ranch.  Bank owned, priced $50,000 below assessed.  Access to public transportation, fenced in back yard.  3 bedroom or family room on main level. Basement is partially finished with 2nd full bathroom.
Unit Size
792 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$63
Property Type
House
Property Taxes
$182
HOA Dues
-
Year Built
1920

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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 #71927603)

Price History

Date / Event Date Event Price
Jan 29, 2016 Sold
Premium
Sold
Nov 4, 2015 Listed by Carrington Real Estate Services, LLC $49,900
Listed by Carrington Real Estate Services, LLC
Apr 5, 2007 Sold
Premium
Sold
Nov 20, 2006 Listed $146,900
Listed
GREAT STARTER HOME FIVE ROOM TWO BEDROOM RANCH,PARTIALY FINISHED BASEMENT, FENCED IN YARD, ONE CAR GARAGE, IN CONVENIENT LOCATION CLOSE TO 391.
Mar 10, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 792
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 792
  • Gross Building Area: 1,624
  • Building Area: 792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 792
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 6

Geography

  • Account Number: 393-00030
  • Parcel: CHIC M:0393 P:00030
  • Municipality: CHICOPEE
  • Latitude: 42.1739
  • Longitude: -72.5926

    Address

  • Full Address: 882 Mckinstry Ave
  • Address - House Number: 882
  • Address - Street Name: Mckinstry
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C030
  • 4-Digit Zip Code: 1514
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $277,800
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 223,435
  • High Value: 263,641
  • Low Value: 183,229

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $188,200
  • Assessed Land Value: $82,400
  • Assessed Improvements Value: $105,800

    Sales

  • Current Sale Recording Date: Aug 17, 2016
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 48402
  • Previous Sale Recording Date: Jan 29, 2016
  • Previous Sale Amount: $68,250
  • Previous Sale Document Type: O
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 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: 4 months ago
Data Source: MLS PIN, MLS# 71927603

Frequently Asked Questions

When was property at 882 McKinstry Avenue built and last sold?
The property at 882 McKinstry Avenue was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 882 McKinstry Avenue is $58,614.
What are some comparable homes to 882 McKinstry Avenue?
There are currently no comparable homes to 882 McKinstry Avenue.
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