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Chicopee 01020
98 Basil Rd
$323,000
● House - Off Market

98 Basil Rd

Chicopee, MA 01020
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,286 Ft²
$308,106
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Open House Sunday 11-12.30PM!  Oversized Ranch located in sought after neighborhood off of Burnett Road. This well-maintained home boasts two large bedrooms, and formal dining room, hardwood floors, an open living room with Fireplace and bay window for warmth and natural light, a newer modern Kitchen with granite countertops, stainless steel appliances and a HUGE walk-In pantry for added storage, Two car garage, sliders to a private deck and if that's not enough there is a large finished space in the basement for a family room, office, playroom, exercise space, bar or all of the above! all of this plus conveniently located close to the Mass pike and other major highways.
Unit Size
1,286 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$232
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1976

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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 #72991684)

Price History

Date / Event Date Event Price
Aug 3, 2022 Sold
Premium
Sold
Jun 2, 2022 Listed by Keller Williams Realty $298,000
Listed by Keller Williams Realty
Aug 8, 2014 Sold
Premium
Sold
May 22, 2014 Listed by Keller Williams Realty $225,000
Listed by Keller Williams Realty
Jun 1, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • 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: 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: 328
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,500
  • Total Building Area: 1,286
  • Gross Building Area: 3,140
  • Building Area: 1,286
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,286
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • 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: 810602

Zoning

  • Zoning: 9

Geography

  • Account Number: 408-00019
  • Parcel: CHIC M:0408 P:00019
  • Municipality: CHICOPEE
  • Latitude: 42.1784
  • Longitude: -72.5298

    Address

  • Full Address: 98 Basil Rd
  • Address - House Number: 98
  • Address - Street Name: Basil
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C029
  • 4-Digit Zip Code: 4937
  • Zip Code: 01020

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $495,300

    Appraisal Valuation

  • Standard Deviation: 0.1971
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 348,924
  • High Value: 417,706
  • Low Value: 280,142

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $335,600
  • Assessed Land Value: $114,900
  • Assessed Improvements Value: $220,700

    Sales

  • Current Sale Contract Date: Aug 02, 2022
  • Current Sale Recording Date: Aug 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 47140
  • Previous Sale Recording Date: Aug 08, 2014
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: 71
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

1833 ft²

Average Home Age

81.2 years

Currently For Sale

59 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 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72991684

Frequently Asked Questions

When was property at 98 Basil Road built and last sold?
The property at 98 Basil Road was built in 1976 and last sold on Aug 2, 2022 for $323,000.
How much is this home worth?
The estimated value of the home located at 98 Basil Road is $296,193.
What are some comparable homes to 98 Basil Road?
There are currently no comparable homes to 98 Basil Road.
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