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41 Northridge Dr, Marshfield, MO, 65706

$590,000

Home List Price

$7,006*

Closing Credit

1 Bath
8,120 SqFt
$73/SqFt
Multi

Location

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41 Northridge Dr, Marshfield$590,000

Buyer Closing Credits

$7,006*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 per Unit
Year Built1960
HeatingBaseboard
CoolingCeiling Fan(s), Window Unit(s)
ViewMountain(s), Panoramic
MLS #60279554
Lot Size3.84 Acres
StatusActive

About 41 Northridge Dr

RARE INVESTOR SPECIAL!! Are you looking to expand your portfolio with this turn-key secure investment? Here it is, with 100% occupancy! This Multi-Family property is a top performer, at an actual 8.19% CAP RATE, with room to grow income via additional rent stabilization/raising and updating further units. The stabilized CAP RATE of this property is projected to be 10.86%.This property is made up of 3 buildings with 11 total units and has room to grow! Some features about these 11 units include:- 3.84 +- Acres- 11 Total Units (Units #8 & #11 have been completely renovated with brand new bathrooms, updated kitchens and all new surfaces; other units have received regular updates/maintenance)- 3 Buildings (brick, stone, or vinyl siding)- 8,120 +- Rentable Sq Ft between all units- Very close to Highway I-44 (Only 15 minutes to Springfield!)- Window unit air in all units- Baseboard heating in all units- Individually metered for utilities (tenant pays part)- Community washer & dryer ''laundry house'' is on-site (coin operated and revenue generating)- A new Well was recently installed, which services all units for water- And more!This would be perfect for someone looking to efficiently upgrade the quantity of their portfolio.. 11 units, all in one swoop! Don't miss out on this cozy multi-family property tucked away nicely in Marshfield! **Annual Pro-Forma Rental Income is $82,500; see documents section of the MLS Listing for all financial info**

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Living Area: 8,120 SqFt

Listing Office:

  • Office Name: Murney Associates - Primrose
  • Office Phone: (417) 823-2300
  • Listing Agent: Mike Bowman

Interior Features

Interior Information:

  • Appliances: Range, Oven, Refrigerator
  • Interior: Storage, Handicap Access, Apply To Some, Utility Room

Exterior Features

Exterior Information:

  • View: Mountain(s), Panoramic

Parking Information:

  • Parking: 1 per Unit

Lot Features

Lot Information:

  • Lot Size: 3.84 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Ceiling Fan(s), Window Unit(s)

Other

Directions Information:

  • Directions: Head East on I-44 from Springfield, take exit 96 SSR-B, head South on SSR-B, turn East on to Northridge Rd. Property is in the cul-de-sac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $590,000
  • Price Per SqFt: $73/SqFt
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Housing Market Comparison

See how this home compares to others in Marshfield, MO.

Med. List Price

$257.7K

Med. Price/SqFt

$154

Avg. Days On Market

79

# of Sold Homes

13

41 Northridge Dr vs Marshfield

45 DAYS ON ROCKET

-34 Days

$590,000

+$332.2K More

$73/SqFt

-$82 Less

KEY TAKEAWAY

This property is $332.2K more than the Median List Price and $82/SqFt less than other homes in Marshfield, MO.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: somo
  • MLS Number: #60279554

Listing Office:

  • Office Name: Murney Associates - Primrose
  • Office Phone: (417) 823-2300
  • Listing Agent: Mike Bowman

IDX The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than this broker are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2024 Southern Missouri Regional MLS, LLC. All rights reserved.

SOMO MLS respects the intellectual property rights of others and expects you to do the same. Per the DMCA, SOMO MLS will respond expeditiously to claims of copyright infringement on the Site if submitted to SOMO MLS's Copyright Agent as described below. Upon receipt of a notice alleging copyright infringement, SOMO MLS will take whatever action it deems appropriate within its sole discretion, including removal of the allegedly infringing materials. If you believe that your intellectual property rights have been violated by SOMO MLS or by a third party who has uploaded materials to the Site, please provide the following information to SOMO MLS's designated Copyright Agent listed below:
a. A description of the copyrighted work or other intellectual property that you claim has been infringed;
b. A description of where the material that you claim is infringing is located on the Site;
c. An address, telephone number, and e-mail address where SOMO MLS can contact you and, if different, an e-mail address where the alleged infringing party, if not SOMO MLS, can contact you;
d. A statement that you have a good-faith belief that the use is not authorized by the copyright owner or other intellectual property rights owner, by its agent, or by law;
e. A statement by you under penalty of perjury that the information in your notice is accurate and that you are the copyright or intellectual property owner or are authorized to act on the owner's behalf;
f. Your electronic or physical signature.
SOMO MLS may request additional information before removing any allegedly infringing material. In the event SOMO MLS removes the allegedly infringing materials, SOMO MLS will immediately notify the person responsible for posting such materials that SOMO MLS removed or disabled access to the materials. SOMO MLS may also provide the responsible person with your e-mail address so that the person may respond to your allegations.
SOMO MLS reserves the right to terminate, limit or suspend any user's access to the Site in the event of repeated infringing activity. If you believe that a user of this Site is a repeat infringer, please follow the above instructions to contact SOMO MLS's Copyright Agent. Please include sufficient information to assist SOMO MLS in determining that the user repeatedly engaged in infringing activity.
SOMO MLS registered a designated agent with the Copyright Office pursuant to 17 U.S.C. 512(c).

SOMO MLS's designated Copyright Agent is:
Laurie Joecks
1310 Primrose, Springfield, MO 65804
Phone: 417-883-1226
Email: laurie@gsbor.com
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 11:58:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$3,012

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,835

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-809381
5
/10
  • Daniel Webster Elementary School

  • 650 N Locust St

  • 6.64 miles

  • Public District Grades 2-3

school-card-donut-809382
4
/10
  • Shook Elementary School

  • 180 State Highway Dd

  • 6.72 miles

  • Public District Grades 4-5

school-card-donut-809383
7
/10
  • Strafford Elementary School

  • 310 W McCabe St

  • 7.12 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,397. Typical income of Marshfield, MO residents is between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesMissouriWebster CountyMarshfield6570641 Northridge Dr

This home is located at 41 Northridge Dr in Marshfield, MO and zip code 65706. This 8,120 square foot home, which was built in 1960, sits on a 3.84 acre lot. Features: 1 bathroom. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $590,000.

The number of listings in Marshfield, MO increased by 17.6% between September 2024 and October 2024. In October 2024, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $257,777.

From Rocket Homes Real Estate and based on county public records data.

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