4368 Old Highway 33 Cloquet, MN 55720

3 beds · 2 baths · 1,438 sq ft · Lot Size: 402,494 sq ft · Single Family Home
Est. Property Value: $248,200

High Demand Long-Term RentalLarge Lot Advantage

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4368 Old Highway 33 is in the 55779 neighborhood of Cloquet, MN. It is located in St. Louis County and ZIP code 55720. This Single Family Home was built in 1987 and is approximately 38 years old. The single family home spans 1438 sq ft with 3 bedrooms and 2 bathrooms and sits on a 402494 sq ft lot. According to public records, it has a tax-assessed value of $248,200, which is $173 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 4368 Old Highway 33 Cloquet, MN 55720 with Property Intel by Whitepages.

4368 Old Highway 33

Cloquet, MN 55720

Neighborhood

Owners & Occupancy for 4368 Old Highway 33

No contact information is available.

Occupancy

Resident 1******************* age 74
Resident 2************ age 74

Property Financials for 4368 Old Highway 33

4368 Old Highway 33, Cloquet, MN has a mortgage (orig. June 22, 2020). The St. Louis county assessment for 2023 values it at $248,200, with annual taxes of $3,244.

Mortgage & Equity Information

Loan Amount$*****
Origination DateJune 22, 2020
Interest Rate****%
Term15 Years
Rate TypeFixed
Est Balance$********
Due Date*************
Equity View Equity
View All Mortgage Info

Property Tax

Property Tax Amount$3,244 in 2024
Assessed Value$248,200 on 2023

Investment Potential for 4368 Old Highway 33

The property has a current estimated value of $248,200, which is 15% below the zip median. Projected long-term rental income is $28,200 annually ($2,350 per month) with a 93% occupancy rate.

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Long-Term

Gross Rental
$28,200 per year($2,350 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
View Cap Rate
Occupancy Rate
93%in 55720 zip code
 
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Property Details for 4368 Old Highway 33

Property Details

Property Sq Ft

Living Area

1,438 sq ft

0% above market

Lot Size

402,494 sq ft

4% above market

Price Per Sq Ft

Living Area

$173 / sq ft

13% below market

Lot Size Area

$1 / sq ft

29% below market

Property condition, age, exterior, etc. for 4368 Old H…
Longitude: -92.449143 Latitude: 46.831711 Parcel Number (APN): 275001300622…

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Market Benchmarks

Compare data for 4368 Old Highway 33 in St. Louis County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$248,200
$306,036
-$57,836 (-19%)
—
—
—
YoY Price Change
—
—
—
Year Built
1987
1972
15 years
Living Space
1,438 sq ft
1,644 sq ft
-206 (-13%)
$ Per Living Sq Ft
$173
$186
-$14 (-7%)
Lot Size
402,494 sq ft
11,705 sq ft
390789 (3339%)
$ Per Lot Sq Ft
$1
$25
-$24 (-98%)

Net Operating Income
$*****
$18,402
$965 (5%)
Annual Revenue
$28,200
$28,200
$0 (0%)
$****
$9,553
-$720 (-8%)
Net Operating Income
$*****
$18,402
$965 (5%)
Cap Rate
****%
5.97%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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