Cottage / Storybook home in 631 N 62nd St Omaha, NE
A Cottage home in Omaha, NE, it offers 3 bedrooms and 2 bathrooms across 2,014 square feet. Its Cottage character defines the property's look.
| Price | $500,000 |
|---|
| Beds | 3 |
|---|
| Baths | 2 |
|---|
| Sqft | 2014 |
|---|
| Architectural style | Cottage / Storybook (35% match) |
|---|
| Address | 631 N 62nd St Omaha, NE 68132 |
|---|
Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced above comparable homes.
- At $500K, this home is 90% above the $263K median for 84 similar Cottage / Storybook homes in Omaha, NE.
- That works out to $248 per square foot, 46% above the $170 comparable rate.
- New to market (3 days), so expect competition.
| This home | $500,000 |
|---|
| Cottage / Storybook median in Omaha, NE | $262,500 (84 homes) |
|---|
| Price per sq ft | $248 vs. $170 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $3,604/month with 20% down at a 7.28% 30-year fixed rate. You would need about $154,436 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,737/mo |
|---|
| Property tax (new-buyer reassessed rate) | $679/mo |
|---|
| Homeowners insurance | $188/mo |
|---|
| Total monthly | $3,604/mo |
|---|
| Down payment (20%) | $100,000 |
|---|
| Income needed | $154,436/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (59 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (59/100) |
|---|
| Beats renting in | 7% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $226,599 |
|---|
| Range (10th to 90th pct) | $134,223 to $338,031 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Omaha, NE where local data is thin.
Local home values
Typical home values in Omaha, NE have risen about 24% over the past 5 years (+3% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto