Potential Profit$97,020
This property is no longer available. This property features 3 bedrooms and 1 bathrooms, perfect for investment and/or your personal residence. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Richmond, specifically for 3rd St Sw and comparable listings. Based on this expert analysis, the estimated market value is $194,009. This single-family has potential equity of $97,020. If purchased for rental purposes, the monthly rental rate could range between $1,100 and $1,480, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $97,020. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on 3rd St Sw are updated daily along with others in Richmond, Minnesota, ensuring you have the most current and accurate information.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.
There are 3 schools in the area. Nearby schools include Richmond Elementary School and Eden Valley-Watkins High School.
There are plenty of activities near this property like Richmond Community Center, Richmond Library, and more.
Public transportation options include: Limited public transit options available, primarily relying on personal vehicles for commuting. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Richmond City Park, Dahl's Lake Park and more.
Services available in the area include cellular and internet options.
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