Potential Profit$31,986
This property is available as a fixer upper at Ridgecrest Rd. This property features 3 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 1,260 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 Calera, specifically for Ridgecrest Rd and comparable listings. Based on this expert analysis, the estimated market value is $189,099. This has potential equity of $31,986. If purchased for rental purposes, the monthly rental rate could range between $930 and $1,131, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $31,986. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Ridgecrest Rd are updated daily along with others in Calera, Alabama, 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 Calera High School and Calera Middle School.
There are plenty of activities near this property like Calera Library, Calera Recreation Center, and more.
Public transportation options include: Regional bus services providing connections to Birmingham and surrounding areas.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Calera City Park, Riverchase Park and more.
Services available in the area include cellular and internet options.
This property in Calera, AL is located in the Ridgecrest Ph 01 Sec 02 Subdivision.
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The estimated rental value for Ridgecrest Rd located in Calera, AL is $1,110/month. Comparable homes around Ridgecrest Rd that are rentals have monthly ranges starting as low as $930 per month and as high as $1,131 per month. An owner looking to use this property as an investment could bring a return in the area of $930 - $1,131 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
Status: Active
Listing information updated for this property.
Status: Active
NORTHPOINTE BANK
01/30/24 - 03/19/24Status: Inactive
The owner is behind on payments and has entered preforeclosure. It may still be possible to avoid foreclosure or sell early.
Status: Inactive
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