Zip Code
240 3rd Ave NW, Winnebago, MN 56098
3 beds · 1 bath · 1,411 sq ft · Lot: 20,909 sq ft · Single Family Home · Last Sold: $60K in 2016 · Built: 1982
Est. Rent:
$2.4K/month

240 3rd Ave NW Winnebago, MN 56098

3 beds · 1 bath · 1,411 sq ft · Lot Size: 20,909 sq ft · Single Family Home

Owned for 5 - 10 Years

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

240 3rd Ave NW is in the 56098 neighborhood of Winnebago, MN. It is located in Faribault County and ZIP code 56098. This Single Family Home was built in 1982 and is approximately 43 years old. The single family home spans 1411 sq ft with 3 bedrooms and 1 bathroom and sits on a 20909 sq ft lot. According to public records, it was last sold in 2016 for $60,000 and has a tax-assessed value of $117,900. Analyze and compare real estate investment strategies for properties like this home at 240 3rd Ave NW Winnebago, MN 56098 with Property Intel by Whitepages.

Investment Potential for 240 3rd Ave NW

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Long-Term

Gross Rental
$28,800 per year($2,400 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
—
Occupancy Rate
87%in 56098 zip code
 
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Owners & Occupancy for 240 3rd Ave NW

No contact information is available.

Occupancy

Resident 1***************** age 64

Property Details for 240 3rd Ave NW

Property Details

Property Sq Ft

Living Area

1,411 sq ft

13% below market

Lot Size

20,909 sq ft

7% above market

Property condition, age, exterior, etc. for 240 3rd Av…
Longitude: -94.171543 Latitude: 43.770631 Parcel Number (APN): 31.643.1570…
Mortgage originated on through lender: Quicken Lns Inc for$*****View Mortgage Details
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Recommended Properties in 56098

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Market Benchmarks

Compare data for 240 3rd Ave NW in Faribault County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
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YoY Price Change
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Year Built
1982
1972
10 years
Living Space
1,411 sq ft
1,644 sq ft
-233 (-14%)
$ Per Living Sq Ft
—
—
—
Lot Size
20,909 sq ft
11,705 sq ft
9204 (79%)
$ Per Lot Sq Ft
—
—
—

Net Operating Income
$*****
$18,922
$3,480 (18%)
Annual Revenue
$28,800
$28,200
$600 (2%)
$****
$9,056
-$2,658 (-29%)
Net Operating Income
$*****
$18,922
$3,480 (18%)
Cap Rate
—
—
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians