Potential Profit$65,083
This property is no longer available. This property features 3 bedrooms and 1 bathrooms, perfect for investment and/or your personal residence. With 1,267 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Richfield, specifically for Elliot Ave S and comparable listings. Based on this expert analysis, the estimated market value is $298,944. This single-family has potential equity of $65,083. If purchased for rental purposes, the monthly rental rate could range between $1,251 and $1,870, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $65,083. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Elliot Ave S are updated daily along with others in Richfield, 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 4 schools in the area. Nearby schools include Richfield High School and Richfield Middle School.
There are plenty of activities near this property like Richfield Public Library, Richfield Community Center, and more.
Public transportation options include: Metro Transit bus services connect Richfield to Minneapolis and the surrounding areas, providing reliable public transportation for commuters. The Light Rail system is also accessible for longer commutes.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Veterans Memorial Park, Richfield Lake Park and more.
Services available in the area include cellular and internet options.
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