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$675,000

Sale Pending
11450 Hazelwood Ln N, Champlin, MN 55316
4 Beds
4 Baths
3,665 Square Feet
0.66 Acres Lot
Built in 2001
Sale Pending
1 Units
Checked: 9 hours ago
Updated: Jul 19, 2025 at 07:46AM

Investment Summary


Monthly Cash Flow
-$1,438
Cap Rate
3.1%
Cash-on-Cash Return
-11.1%
Debt Coverage Ratio
0.55
Internal Rate of Return (5 years)
-6.8%

Property Description


0.66 Acres Lot
Built in 2001
Sale Pending
1 Units

Tucked against the lush backdrop of Highpointe Park and the winding trails of Elm Creek Park Reserve, this distinctive Champlin residence is a rare blend of elegance, comfort, and versatility. With its stately stone façade and idyllic setting, the home makes a lasting first impression—and continues to impress at every turn. Designed for both refined entertaining and everyday ease, the layout offers a series of beautifully defined yet interconnected living spaces. Multiple family rooms and gathering areas offer room to relax or host, while thoughtfully designed flex spaces—including a dedicated home office, fitness studio, and recreation lounge—are ready to adapt to your evolving needs. The beautiful deck is perfect for entertaining and taking in long summer days. The walkout lower level is truly exceptional, featuring an expansive entertaining zone with a full wet bar and effortless access to the private patio framed by parkland views. A spacious 3-car garage provides ample storage for gear and hobbies, while oversized windows throughout the home bathe each room in natural light, enhancing the connection between indoors and out.

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Location


Property Details


Parking

  • Description: Attached Garage
  • Garage Spaces: 3
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Partial): 2
  • # of Baths (Total): 4.0

Interior Features

  • # of Rooms: 18
  • # of Stories: 2
  • Basement: Yes
  • Basement Description: Storage Space
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Metal
  • Roof Type: Gable
  • Roof Material: Asphalt, Shingle

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 3612022240035
  • Lot Size: 28749 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: (SF) Single Family
  • Year Built: 2001

Tax Information

  • Annual Tax: $7,912

Utilities

  • Water & Sewer: Public
  • Heating: Forced Air

Location

  • County: Hennepin

Listing Details


Listed by:
Lynn Burn
Compass
(612) 803-0912

Source:
FargoMoorhead Area Association of REALTORS
MLS#: 6732251
FargoMoorhead Area Association of REALTORS

Investment Summary


Monthly Cash Flow
-$1,438
Cap Rate
3.1%
Cash-on-Cash Return
-11.1%
Debt Coverage Ratio
0.55
Internal Rate of Return (5 years)
-6.8%

Purchase Details

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Purchase price:
$675,000
Amount financed:
-$540,000
Down payment:
$135,000
Closing costs:
$20,250
Rehab costs:
$0
Initial cash invested:
$155,250
Square feet:
3,665
Cost per square foot:
$184
Monthly rent per square foot:
$0.95

Financing Details

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Loan amount:
$540,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$3,194
Property tax:
$659
Insurance:
$245
Private mortgage insurance (PMI):
$0
Monthly payment:
$4,098

Operating Income

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% Rent Monthly Yearly
Gross rent:
$3,500 $42,000
Vacancy loss: (6%)
6% -$210 -$2,520
Operating income:
$3,290 $39,480

Operating Expenses


% Rent Monthly Yearly
Property taxes: (19%)
19%-$659-$7,912
Insurance: (7%)
7%-$245-$2,940
Property management: (8%)
8%-$280-$3,360
Repairs & maintenance: (5%)
5%-$175-$2,100
Capital expenditures: (5%)
5%-$175-$2,100
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (44%)
44%-$1,534-$18,412

Cash Flow


Monthly Yearly
Net operating income:
$1,756 $21,072
Mortgage payments:
-$3,194 -$38,328
Cash flow:
$1,438 $17,256