27 Somerset Rd · Chicopee, MA 01020

$225,000

3 bd · 2.0 ba · 1,350 sqft · Manufactured · 42 Days on market

Built 1988 Average condition 3,049 sqft lot $167/sqft · 11% below area Est $253k · 11% under ↓ 10% since listing

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +19.3/30.0
• ARV discount +12.4/15.0
• DSCR +6.1/10.0
• 1% rule +5.1/10.0
• Livability +3.8/5.0
• Condition / age +2.8/5.0
• Rent growth +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to 27 Somerset Rd in Chicopee—a spacious 3-bedroom, 2 full bath double-wide manufactured home located in the well-maintained Holiday Circle mobile home park. This home offers a comfortable layout with generous living space both inside and out, perfect for both everyday living and entertaining! This move-in ready home provides a great opportunity to add your personal touches over time. The bedrooms are well-sized, including a primary suite with its own full bath for added convenience. Enjoy low-maintenance living with park fees that include water and property taxes, helping simplify your monthly expenses! Whether you're a first-time buyer, downsizing, or looking for an afforda

Key facts

• 3,049 sq ft lot
• 2 parking spots
• Built 1988

Property features AI

Finance

• Other: Listing status: Active; Directions: GPS
• HOA & community: Not a senior community

Exterior

• Parking: Two open parking spaces
• Utilities: Public water; Public sewer
• Home design: Mobile home; One-story house; Entry level on the first floor
• Construction: Modular construction; Slab foundation; Built (year approximate, source: public records)
• Exterior features: Cleared, level lot; Approximately 0.07-acre lot

Interior

• Kitchen: Kitchen located on the first floor
• Bedrooms: Master bedroom on the first floor; Two additional bedrooms on the first floor
• Bathrooms: Two full bathrooms on the first floor
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Five total rooms; Living room on the first floor; Dining room on the first floor

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $225k. Condition is rated average.

Deal economics

• At list price, monthly cash flow is $249 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $225k).
• Recommended offer: $218k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.6% vs local median 4.6% in Chicopee — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 76/100 on livability (#66 in MA, #3,658 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: employment D+, schools D, crime F.
• Chicopee (suburban): math 20% / reading 33% proficiency, ranked #270 of 302 in MA (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 20 active listings in the ZIP; 453 units permitted in Hampden County in 2024 (116 in 5+ unit buildings).
• This rent runs 42% of the median local income ($66k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Hampden County population projected at +5% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($218k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 23% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $218,250 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.01% ✓
• Cap rate: 7.62%
• Cash-on-cash: 4.74%
• DSCR: 1.21
• GRM: 8.2

CMA / ARV

• ARV (median comp): $252,620
• List price: $225,000
• Delta: -10.93%
• Verdict: UNDERPRICED
• Comps: 12 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
24 Festival Cir	0.11mi	3/2.0	1,352 (+0%)	6mo	$260,500	$193	89
111 Festival Cir	0.11mi	3/2.0	1,456 (+8%)	2mo	$259,900	$179	80
89 Celebration Cir	0.08mi	3/2.0	1,300 (-4%)	12mo	$290,000	$223	80
11 Gala Way	0.03mi	2/2.0 (-1)	1,456 (+8%)	1mo	$260,000	$179	79
43 Somerset Rd	0.02mi	3/2.0	1,456 (+8%)	10mo	$242,500	$167	78
17 Jubilee Way	0.04mi	3/2.0	1,456 (+8%)	15mo	$250,000	$172	72
94 Sunrise Ln	0.20mi	2/2.0 (-1)	1,350 (0%)	19mo	$300,000	$222	70
5 Somerset Rd	0.04mi	3/2.0	1,456 (+8%)	21mo	$175,000	$120	67
30 Festival Cir	0.12mi	3/2.0	1,248 (-8%)	18mo	$178,750	$143	66
54 Sunrise Ln	0.24mi	3/2.0	1,493 (+11%)	8mo	$312,000	$209	65
26 Fiesta Way	0.15mi	3/2.0	1,456 (+8%)	19mo	$214,900	$148	64
7 Nelligan	0.13mi	2/2.0 (-1)	1,148 (-15%)	10mo	$128,000	$111	56

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -8.9%
• Equity multiple: 0.67×
• Total profit: $-20,576
• Equity at exit: $33,548

10-year hold

• IRR: 0.6%
• Equity multiple: 1.04×
• Total profit: $2,631
• Equity at exit: $19,454

Cash invested: $63,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 20 Strongly Tenant-Friendly
• State Massachusetts: 20 Strongly Tenant-Friendly · D+15
• County: — inherits STATE
• City: — inherits STATE

Cambridge / Boston historically rent-controlled (preempted 1994 but consideration ongoing); strong tenant protections; court backlogs.

Methodology + full state rankings →

ZIP-level market 01020

• Home prices YoY: -34.5%
• Active inventory: 20
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $2,283 medium
• Mortgage (P&I): −$1,180
• Tax est. 1.5%: −$281 /mo · $3,375/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$479
• Net cashflow: $249

Break-even live

Break-even rent $1,968

Max offer price $225,000

Occupancy floor 84%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-18
   days on market $225,000 Active 42 DOM
2. 2026-06-17
   days on market $225,000 Active 41 DOM
3. 2026-06-16
   days on market $225,000 Active 40 DOM
4. 2026-06-15
   days on market $225,000 Active 39 DOM
5. 2026-06-14
   days on market $225,000 Active 37 DOM
6. 2026-06-13
   days on market $225,000 Active 36 DOM
7. 2026-06-10
   days on market $225,000 Active 34 DOM
8. 2026-06-09
   days on market $225,000 Active 33 DOM
9. 2026-06-08
   days on market $225,000 Active 32 DOM
10. 2026-06-07
    statusdays on market $225,000 Active 31 DOM
11. 2026-06-03
    days on market $225,000 Price Changed 27 DOM
12. 2026-06-02
    days on market $225,000 Price Changed 26 DOM
13. 2026-06-01
    days on market $225,000 Price Changed 25 DOM
14. 2026-06-01
    pricestatus $225,000 Price Changed 24 DOM
15. 2026-05-31
    days on market $245,000 Active 24 DOM
16. 2026-05-30
    days on market $245,000 Active 23 DOM
17. 2026-05-07
    listed $249,900 New 864-char remark

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 13% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥98°F today · 16 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 23% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,399
• − Mortgage interest: −$12,603
• − Property taxes: −$3,375
• − Insurance: −$1,125
• − Repairs & maintenance: −$2,192
• − Management: −$2,192
• − Depreciation: −$6,545
• Taxable loss: −$634
• Est. tax savings @ 24.0%: +$152
• After-tax cash flow: $3,138/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 30 photos

Average 55/100 Cosmetic rehab

This move-in ready manufactured home in Holiday Circle mobile home park offers a spacious layout with average condition. Minor repairs and updates to the kitchen, bathroom, exterior, and interior walls would significantly enhance its value.

Repairs flagged

• Minor Kitchen cabinets — Worn appearance
• Minor Bathroom fixtures — Need cleaning and updating
• Minor Exterior siding — Weathered appearance
• Minor Interior walls — Paint faded

Value-add opportunities

• Both Paint interior walls — Fresh paint enhances curb appeal and interior aesthetics
• Both Replace kitchen cabinets — New cabinets improve functionality and aesthetics
• Both Replace bathroom fixtures — Modern fixtures improve functionality and aesthetics
• Both Landscaping upgrade — Fresh landscaping enhances curb appeal and property value

Renovation cost estimate screening

Repair item	Severity	Est. cost
Kitchen cabinets · Worn appearance	Minor	$500–3,000
Bathroom fixtures · Need cleaning and updating	Minor	$500–3,000
Exterior siding · Weathered appearance	Minor	$500–3,000
Interior walls · Paint faded	Minor	$500–3,000
Total estimated repair cost · 4 items		$2,000–12,000

Value-add ROI direction

• Both Paint interior walls — Fresh paint enhances curb appeal and interior aesthetics ↑
• Both Replace kitchen cabinets — New cabinets improve functionality and aesthetics ↑
• Both Replace bathroom fixtures — Modern fixtures improve functionality and aesthetics ↑
• Both Landscaping upgrade — Fresh landscaping enhances curb appeal and property value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Chicopee
• NCES district ID: 2503660
• Math proficiency: 20% ▼ -22.00%
• Reading proficiency: 33% ▼ -10.00%
• Median HH income: $46,414
• Composite: 22.91/100
• National rank: #7997
• State rank: #270 of 302 in MA

Livability — Chicopee

• Score: 76/100
• State rank: #66
• US rank: #3658

Category grades

Amenities F Commute A+ Cost of living C+ Crime F Employment D+ Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chicopee, MA
• County: Hampden County · 230,965 people
• City population: 53,451
• Metro: Springfield, MA
• Population (ZIP): 30,167
• Household income: $66,009
• Rent vs Own: 41.6% rent · 58.4% own
• Severe rent burden: 1153.0

Population outlook (Hampden County) Hauer SSP2

• Today (2025): 485,646 people
• By 2030: 491,517 · +1.2%
• By 2040: 500,539 · +3.1%
• By 2050: 508,827 · +4.8%
• By 2075: 539,167 · +11.0%
• By 2100: 545,698 · +12.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Hispanic / Latino 21% Two or more races 11% Black 4% Asian 2%
• Hispanic origin (detail): Puerto Rican 18% Dominican 2%
• Common ancestry: Romanian 15% Lithuanian 14% Scotch-Irish 2%
• Foreign-born: 9% · Canada
• Languages at home: 80% English-only · Spanish 11% Russian/Polish/Slavic 3% Other Asian/Pacific 2%

Political lean MEDSL · Hampden

• 2024 margin: Lean D (+8.9) · D 53.4% · R 44.5% · Other 2.1%
• 2008→2024 swing: -16.4pp toward R · 2008: 25.3pp · 2024: 8.9pp
• All cycles: 2024: D+8.9 2020: D+17.7 2016: D+16.0 2012: D+25.4 2008: D+25.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -150.25%
• Current HPI: 285.6119
• Rent YoY: —
• Metro: Springfield, MA
• State GDP YoY: ▲ 2.28%
• F500 in state: 38

Industry mix (Fortune 500 HQ in MA)

Industry	F500 HQs	Revenue
▸Technology	3	$17B
▸Insurance	2	$84B
▸Retail	2	$76B
▸Life Sciences	1	$43B
▸Energy Technology	1	$31B
▸Aerospace / Defense	1	$18B

Price history

-10.0% since first listed

3 events — show timeline

• 2026-06-01 Price Changed $225,000 MLS PIN
• 2026-05-21 Price Changed $245,000 MLS PIN
• 2026-05-07 Listed $249,900 MLS PIN