For SaleNeutral Deal26 days on market
1231 7th St NW
1231 7th St NW, Minot, ND 58703, Minot, ND 58703
$275,000
Estimate®:$266,900
Listing Price
1231 7th St NW, Minot, ND 58703
Loc: Minot, ND
Days Listed
26
Tax Assessed
$234k
Estimate®
$267k
Market Rate
Lot Size
0.29 acres
Rent Estimate
$2,436/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Longfellow Elementary School
PK-5
0.7 mi away
5
Erik Ramstad Middle School
6-8
1.8 mi away
N/A
Souris River Campus Alternative High School
9-12
0.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesplit-levelvinyl sidingattached garageconcrete drivewaysuburbanresidentialsingle-storymid-centuryexterior stairslow-pitched rooflarge windowsfoundation wall
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.90%
Total ROI
108.8%
Cash Flow
$154/mo
DSCR
1.11
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $154/mo net cash flow with a 6.9% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.9%)
- • Strong rental demand in Minot
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-28 | Listed for sale | $275,000 | $120 |
| 2023-06-09 | Sold | $0 | – |
| 2023-05-01 | Contingent | $259,900 | $114 |
| 2023-04-04 | Listed for sale | $259,900 | $114 |
| 2018-06-18 | Sold | $0 | – |
| 2018-04-19 | Pending sale | $214,900 | $94 |
| 2018-01-25 | Price change | $214,900 | $94 |
| 2017-10-26 | Price change | $245,000 | $107 |
| 2017-10-06 | Listed for sale | $259,900 | $114 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $0 | $234,000 |
| 2024 | $3,316.53 | $227,000 |
| 2023 | $3,467.83 | $222,000 |
| 2022 | $0 | $209,000 |
| 2021 | $2,909.81 | $203,000 |
| 2019 | $2,993.71 | $0 |
| 2018 | $3,087.31 | $97,500 |
| 2017 | $3,139.73 | $122,000 |
| 2016 | $2,419.48 | $108,000 |
| 2015 | $2,229.61 | $108,000 |
| 2014 | $2,229.61 | $108,500 |
| 2013 | $0 | $108,250 |
| 2012 | $0 | $97,600 |
| 2011 | $0 | $79,850 |
| 2010 | $0 | $72,950 |
| 2009 | $2,011.91 | $63,750 |
| 2008 | $2,248.32 | $59,300 |
| 2007 | $0 | $57,500 |
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