What is the estimated cap rate for 64-66 Front St, Chicopee, MA 01013?

Based on rent reported on the MLS listing, 64-66 Front St, Chicopee, MA 01013 (4 units) has an estimated 5.53% cap rate at its $599,900 list price, assuming $4,275/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 64-66 Front St, Chicopee, MA 01013?

The MLS listing reports about $4,275/month in total rent for a 4-unit multi-family in 01013. That is in-place rent from the current leases, which can sit below market on a long-held property.

Active

53 Days on market

64-66 Front St Chicopee — Photo 1 of 30

$599,900

Investment Analysis — 64-66 Front St

Chicopee, MA 01013

Based on rent reported on the MLS listing, a 4-unit multi-family in 01013 carries $4,275/mo in gross rent — about a 5.53% cap rate and $33,204/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

4,080

Style

4 Family

Built

1856

Excellent four-family investment opportunity in Chicopee Center! Situated on a spacious corner lot, this well-maintained property offers four units, including one completely remodeled vacant unit that is move-in ready. Features include a lifetime roof, off-street parking for 10+ vehicles, and a convenient location close to major highways, shopping, restaurants, and other local amenities. With one vacant remodeled unit and three occupied units, this property offers flexibility for a variety of ownership strategies. A fantastic opportunity to add to a real estate portfolio or purchase a multi-family property in a desirable location.

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 MLS and other third-party data may be inaccurate or out of date.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.

Financials

Original Price$599,900

Annual Taxes$5,784

Parking

Garage0

Off-Street10

Interior Specifications

Total Rooms20

FireplacesNone

Flooring--

BasementFull

Climate & Utilities

HeatingElectric

Cooling--

WaterPublic

SewerPublic Sewer

Building & Exterior

Construction--

RoofOther

FoundationStone, Brick/Mortar

Zoning1

Property & Lot

Acres0.24

SqFt Lot10,355

Lot FeaturesCorner Lot, Level

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Laundromat • Highway Access

Geography

Listing Provided By

Listing Agent: The Generation Group

Listing Office: Coldwell Banker Realty - Western MA

MLS® Number: 73553281