Zip Code
215 Birch Ave N, New Richland, MN 56072
2 beds · 2 baths · 1,540 sq ft · Lot: 10,759 sq ft · Single Family Home · Last Sold: $63K in 2003 · Built: 1983
Est. Rent:
$2.3K/month

215 Birch Ave N New Richland, MN 56072

2 beds · 2 baths · 1,540 sq ft · Lot Size: 10,759 sq ft · Single Family Home

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215 Birch Ave N is in the 56072 neighborhood of New Richland, MN. It is located in Waseca County and ZIP code 56072. This Single Family Home was built in 1983 and is approximately 42 years old. The single family home spans 1540 sq ft with 2 bedrooms and 2 bathrooms and sits on a 10759 sq ft lot. According to public records, it was last sold in 2003 for $63,000 and has a tax-assessed value of $127,200. Analyze and compare real estate investment strategies for properties like this home at 215 Birch Ave N New Richland, MN 56072 with Property Intel by Whitepages.

Investment Potential for 215 Birch Ave N

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Long-Term

Gross Rental
$27,600 per year($2,300 per month)
Net Operating Income
Cap Rate
Occupancy Rate
87%in 56072 zip code
 
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Owners & Occupancy for 215 Birch Ave N

No contact information is available.

Occupancy

Resident 1****************** age 60
Resident 2************ age 58

Property Details for 215 Birch Ave N

Property Details

Property Sq Ft

Living Area

1,540 sq ft

32% above market

Lot Size

10,759 sq ft

10% below market

Property condition, age, exterior, etc. for 215 Birch …
Longitude: -93.496319 Latitude: 43.895676 Parcel Number (APN): 15.100.2010…
Mortgage originated on through lender: UNKNOWN for$*****View Mortgage Details
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Market Benchmarks

Compare data for 215 Birch Ave N in Waseca County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
YoY Price Change
Year Built
1983
1975
8 years
Living Space
1,540 sq ft
1,258 sq ft
282 (22%)
$ Per Living Sq Ft
Lot Size
10,759 sq ft
8,712 sq ft
2047 (23%)
$ Per Lot Sq Ft

Net Operating Income
$18,777
$3,417 (18%)
Annual Revenue
$27,600
$26,400
$1,200 (5%)
$7,585
-$2,179 (-29%)
Net Operating Income
$18,777
$3,417 (18%)
Cap Rate
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians