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38 Cora Ave Chicopee — Photo 1 of 19

38 Cora Ave Chicopee — Photo 1 of 19

$359,900

Investment Analysis — 38 Cora Ave

Chicopee, MA 01013

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01013 carries an estimated $1,960/mo in gross rent — about a 3.81% cap rate and $13,719/yr in estimated NOI at the $359,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

948

Style

Single Family

Built

1955

Welcome to 3 bedroom, 1.5 bath Ranch style home on 38 Cora Ave in Chicopee. Build in 1955 the 948 sq feet offers comfortable, everyday living with space to spread-out in the finished basement or enclosed breezeway and covered sunroom. A one-car garage adds valuable convenience for parking and extra storage. Hardwood flooring can be found throughout the house, including bedrooms. Shed in the fenced in backyard adds additional storage for your gardening needs.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 474 sq ft (the lesser of 900 sq ft or half the 948 sq ft principal dwelling). Lot size: 7,405 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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 MLS and other third-party data may be inaccurate or out of date.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$359,900
Annual Taxes$4,156

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms5
FireplacesNone
FlooringVinyl, Hardwood
BasementFull, Partially Finished, Interior Entry, Concrete

Climate & Utilities

HeatingCentral, Forced Air, Oil
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRes

Property & Lot

Acres0.17
SqFt Lot7,405
Lot FeaturesLevel

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBedroom 2Bedroom 3
Living Room
Lvl First

Closet, Flooring - Hardwood

Kitchen
Lvl First

Ceiling Fan(s)

Primary Bedroom
Lvl First
Bedroom 2
Lvl First
Bedroom 3
Lvl First
Listing Provided By

Listing Agent: Jason Saphire

Listing Office: www.HomeZu.com

MLS® Number: 73580044