Active Under Contract
10 Days on market
162 Horseshoe Dr #162 Chicopee — Photo 1 of 30

162 Horseshoe Dr #162 Chicopee — Photo 1 of 30

$229,900

Investment Analysis — 162 Horseshoe Dr #162

Chicopee, MA 01022

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01022 carries an estimated $2,460/mo in gross rent — about a 7.08% cap rate and $16,283/yr in estimated NOI at the $229,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

850

Style

Condominium

Built

1958

**HIGHEST AND BEST by MONDAY the 7th at 4pm** Welcome to this beautiful garden style end unit condo located at Doverbrook Estates! This home offers a unique floorplan, with it's large eat-in kitchen, including laundry area, and a covered entryway shielding you from the elements as you unlock your door. The living room features a picture window overlooking the private patio and expansive green space, with beautiful laminate flooring, making it easy to clean and maintain. The spacious bedrooms have laminate flooring as well, and the closets have been updated with bi-fold doors providing plenty of usable storage. Light flows throughout the space as you are welcomed in to this move in ready home. With a one car garage, additional storage just outside the door, and a community pool you don't have to clean, this is the perfect place to call home. **NEW ROOF approx 2 years ago**

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$229,900
Annual Taxes$2,600
HOA Fee$296

Parking

Garage1
Off-Street1

Interior Specifications

Total Rooms5
FireplacesNone
FlooringVinyl, Laminate
BasementN

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
Zoning204

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Pool • Medical Facility • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Main,First
Living RoomKitchenMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl Main,First

19.916666666 x 12.083333333

Ceiling Fan(s), Closet, Flooring - Vinyl, Window(s) - Picture, Exterior Access

Kitchen
Lvl Main,First

18.333333333 x 11.666666666

Ceiling Fan(s), Flooring - Laminate, Dining Area, Exterior Access, Lighting - Overhead

Master Bedroom
Lvl Main,First

15.25 x 12.083333333

Ceiling Fan(s), Closet

Bedroom 2
Lvl Main,First

10.083333333 x 11.666666666

Bathroom 1
Lvl Main,First

9 x 4.916666666

Bathroom - Full, Bathroom - With Shower Stall, Flooring - Laminate, Lighting - Sconce, Lighting - Overhead

Listing Provided By

Listing Agent: Diane Franklin

Listing Office: Keller Williams Realty

MLS® Number: 73570890