421 Harvard Drive SE, Albuquerque NM, 87106
(Active)
$556,936
|
1 beds, 1 baths, 1,856 sqft
|
MLS# 1040188
Last Updated: 5/16/2024 12:27 PM
Description for
421 Harvard Drive SE
Albuquerque, NM 87106
Units are separately metered - gas and electric. Units A and B share a private, recently updated laundry room. 421 1/2 has its own washer / dryer. Residents love the romantic atmosphere and artisan work around every corner - stained glass accents, custom wood work, built-ins, Talavera tile, meandering pathways, and extensive garden areas. Top UNM market rents come easily with plenty of room for simple value add.Measures of investment performance at ask price of $556,936 and current average rent of $1,232 are a GRM of 12.95, a 5.67% cap rate, $183,645 per unit, $300/sf. Properties like this, in a market where amazing job growth from all of the new Netflix, Facebook, Intel and Amazon jobs, go quickly. Do not wait as you will be honored to own this one.
Price
$556,936
Lot 14, Block 4, University Heights Addition
Bernalillo
1
1
1,856 (approx)
1040188
Active
Description
Units are separately metered - gas and electric. Units A and B share a private, recently updated laundry room. 421 1/2 has its own washer / dryer. Residents love the romantic atmosphere and artisan work around every corner - stained glass accents, custom wood work, built-ins, Talavera tile, meandering pathways, and extensive garden areas. Top UNM market rents come easily with plenty of room for simple value add.Measures of investment performance at ask price of $556,936 and current average rent of $1,232 are a GRM of 12.95, a 5.67% cap rate, $183,645 per unit, $300/sf. Properties like this, in a market where amazing job growth from all of the new Netflix, Facebook, Intel and Amazon jobs, go quickly. Do not wait as you will be honored to own this one.
Listing Information
| Property Type: Triplex, Multi-Family, 1 Story | ||
| 1 | 1 | |
| 0.16 Acres | 1,856 (approx) | 1925 |
| 1 | Frame | |
Lot 14, Block 4, University Heights Addition
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Neighborhood
Room Information
Interior Features
Refrigerator
Tile
Evaporative
Other,
Forced Air, Central
Exterior / Lot Features
Frame
R-T*
Driving Directions
From I-25 and Coal, east to Harvard, south to property.
Financial Considerations
| 101605702504430503 |
| $4,208 |
Cash, Conventional, FHA, VA Loan
Listing Price History
Albuquerque Real Estate
Albuquerque is located in New Mexico. Albuquerque, New Mexico 87106 has a population of 572,777.
The median household income in Albuquerque, New Mexico 87106 is $43,445. The median household income for the surrounding county is $56,090 compared to the national median of $66,222. The median age of people living in Albuquerque 87106 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 10/27/2023 | Active | $556,936 USD |
|
| 10/7/2023 | Pending | $556,936 USD |
|
| 9/25/2023 | Active | $556,936 USD |
|
| 8/27/2023 | Pending | $556,936 USD |
|
| 8/22/2023 | Active | $556,936 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $4,354 USD | 3.47% | $101,891 USD | 3.00% |
| 2022 | $4,208 USD | 91.81% | $98,923 USD | 71.11% |
| 2021 | $2,194 USD | 2.05% | $57,811 USD | 3.00% |
| 2020 | $2,150 USD | 3.42% | $56,128 USD | - |
| 2019 | $2,079 USD | 4.05% | $56,128 USD | 3.00% |