3274 Valley Ridge Dr Eagan, Minnesota, 55121
3 bed • 1.5 bath • 6 guests
Est. $959/mo
This property is for sale!
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Airbnb Investor Score
$4,865
Annual Profit
9.2%
Cap Rate
8.9%
Cash on Cash
$36,824
Annual Revenue
This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $123/night at 82% occupancy.Projected nightly rate is $172/night at 67% occupancy.
Top 44% of comparables
Top 66% of comparables
Seasonality
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$43,986
Avg annual revenue
67%
Avg occupancy rate
$172
Avg nightly rate
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Revenue per year
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$4,865
Profit
Revenue
$36,824
Operating Expenses
$18,467
Operating Income
$18,357
Mortgage & Taxes
$13,491
Profit (Cash Flow)
$4,865
$54,375
Cash Investment
Down Payment
$40,000
Renos & Furnishing
$8,375
Closing Costs
$6,000
Total
$54,375
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
8.94%
Cap Rate
9.17%
STR Tax Calculator (USA)
Your current annual income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$9,492
Deductible property tax
$1,980
Your total deduction
$19,847
Your adjusted annual income
$150,000 - $19,847 = $130,153
Taxes on $130,153 (30%)
$39,046
Your old tax bill
$45,000
Your new tax bill
$39,046
Estimated tax savings
$5,954
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
-
Year built:
1973
Size:
1,410 sqft
Type:
SFR
Parking:
1
Heating:
-
Sold Comparables
| Address | Beds | Baths | Square Feet | $/SqFt | Lot Size | Year Built | Last Sale | Days on Market |
|---|---|---|---|---|---|---|---|---|
| 3255 Hill Ridge Dr | 3 | 1 | 1,410 | - | 0 | 1973 | $231,000 | - |
| 3275 Valley Ridge Dr | 3 | 1 | 1,410 | - | 0 | 1973 | $235,000 | - |
| 3231 Hill Ridge Dr | 3 | 1 | 1,408 | - | 0 | 1974 | $246,900 | - |
| 3251 Donald Ave | 3 | 1 | 1,964 | - | 12,632 | 1973 | $375,000 | - |
| 3325 Heritage Ln | 3 | 2 | 1,812 | - | 15,682 | 1982 | $412,000 | - |
| 1636 Donald Ct | 3 | 2 | 1,172 | - | 1,742 | 1979 | $250,000 | - |
| 1508 Mccarthy Rd | 3 | 3 | 3,046 | - | 14,810 | 1977 | $0 | - |
| 3293 Valley Ridge Dr | 3 | 1 | 1,410 | - | 0 | 1973 | $235,000 | - |
| 3039 Cherrywood Ct | 5 | 2 | 2,784 | - | 21,780 | 1965 | $0 | - |
| 3065 Timberwood Trl | 2 | 2 | 1,571 | - | 0 | 1997 | $378,251 | - |
Property Details
- MLS Status: Active
- Property Use: Townhouse (Residential)
- Stories: -
- Lot size: -
- Building area: 1,410 sqft
- Garage: Yes
- Heating:
- Pool: No
- Fireplaces: -
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: -
- Land Use: Residential
- Parcel Number: 10-41300-05-040
- Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD
Tax Info
- Year Assessed: 2024
- Assessed Value: $225,300
- County Est. Land Value: $39,800
- Assessed Land Value: $39,800
- County Est. Structure Value: $185,500
Market Estimate: -
Sale history
| Date | Sale Price | % Financed | Buyer |
|---|---|---|---|
| 08/15/22 | $251,000 | 97% | Taiwo Afuye |
| 03/22/19 | $170,000 | 100% | Lily Y Mamo |
| 08/27/09 | $74,900 | 100% | Charles Cade |
| 04/25/03 | $134,900 | 100% | Geary Cooper |
Ownership
- Name: Taiwo Afuye
- Owner Occupied: Yes
- Owner Mailing Address: 3274 Valley Ridge Dr, Eagan, MN 55121
- Years Owned: 28
- Home Equity: -
- Mortgage Balance Remaining: $243,470
- Financed amount: 100%
- Owner Type: Individual
- Lien: No
- Inherited: No
- Foreclosure: No