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$170,000
● Multifamily - Off Market

92 Walter

Chicopee, MA
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,984 Ft²
$242,193
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

This 2 family home located on a dead end street. Priced below accessed value.  second floor needs some tlc but livable.  First floor has been renovated with hardwood floors.  Nice size yard and plenty of off street parking.  Great for the owner occupied. 2 bedrooms on each floor. Open floor plan.  second floor has a nice porch off the front and first floor has a deck right off the back.  Deferred show til July 28th.  Open house from 11-1 pm.
Unit Size
1,984 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$81
Property Type
Multifamily
Property Taxes
$273
HOA Dues
-
Year Built
-

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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 years ago (MLSPIN #72367312)

Price History

Date / Event Date Event Price
Oct 22, 2018 Sold
Premium
Sold
Jul 24, 2018 Listed by Gallagher Real Estate $159,900
Listed by Gallagher Real Estate

Property Highlights

Parking Available
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Ceiling Fans, Pantry, Open Floor Plan), Unit 2(Ceiling Fans, Open Floor Plan), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Dishwasher, Refrigerator), Gas Water Heater
Flooring Type: Vinyl, Hardwood, Unit 1(undefined)
Rooms: 9
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete
Exterior Details
Property Condition: Unit 1 Remodeled
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Renovated Since
PropertySubType: 2 Family - 2 Units Up/Down
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame, Block
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Features: Level
Lot Size Area: 0.26
Lot Size Units: Acres
Lot Size Acres: 0.26
Zoning: res
Parcel Number: 2509867
Water Source: Public
Financial Details
Tax Assessed Value: $179,100
Tax Annual Amount: $3,279
Utilities Details
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Hot Water Baseboard), Unit 2(Hot Water Baseboard)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Public School

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72367312
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