12229 Menaul Boulevard NE, Albuquerque NM, 87112
(Active)
$579,429
|
3 beds, 2 baths, 3,107 sqft
|
MLS# 1053809
Last Updated: 4/28/2024 3:46 PM
Description for
12229 Menaul Boulevard NE
Albuquerque, NM 87112
Located just a few blocks west of the Sandia mountain foothills at 12229 Menaul NE, the unit mix includes:- Unit A is a 1,274 square foot, 3 bedroom / 2 bathroom with a 2 car garage.- Unit B is a 1,100 square foot, 2 bedroom, 1bathroom home.- Unit C is a 829 square foot, 2 bedroom, 1 bathroom home.Each residence has its own private area and/or backyard.Besides the spacious units, the main amenity for this property is the quiet and serene NE Heights neighborhood close to foothills trails and shopping.Measures of investment performance at ask price of $579,429 and average rents, as of 2/1/2024, of $1,325 are a GRM of 12.15, a 5.25% cap rate, $193,143 per unit, $186/sf and an after tax IRR of 13.2%.
Price
$579,429
Brentwoods Hills
Bernalillo
3
2
3,107 (approx)
1053809
Active
Description
Located just a few blocks west of the Sandia mountain foothills at 12229 Menaul NE, the unit mix includes:- Unit A is a 1,274 square foot, 3 bedroom / 2 bathroom with a 2 car garage.- Unit B is a 1,100 square foot, 2 bedroom, 1bathroom home.- Unit C is a 829 square foot, 2 bedroom, 1 bathroom home.Each residence has its own private area and/or backyard.Besides the spacious units, the main amenity for this property is the quiet and serene NE Heights neighborhood close to foothills trails and shopping.Measures of investment performance at ask price of $579,429 and average rents, as of 2/1/2024, of $1,325 are a GRM of 12.15, a 5.25% cap rate, $193,143 per unit, $186/sf and an after tax IRR of 13.2%.
Listing Information
| Property Type: Triplex, Multi-Family, 1 Story | ||
| 3 | 2 | |
| 0.19 Acres | 3,107 (approx) | 1977 |
| 1 | Frame | |
Brentwoods Hills
Cable Available, Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Neighborhood
Room Information
Interior Features
Refrigerator
Tile
Evaporative
Other,
Forced Air, Central
Exterior / Lot Features
4 Parking Spaces,
Frame
R-T*
Driving Directions
From I-40 Tramway, north on Tramway to Menaul, west to property
Financial Considerations
| 102205943630110604 |
| $2,969 |
Cash, Conventional, FHA, VA Loan
Listing Price History
Albuquerque Real Estate
Albuquerque is located in New Mexico. Albuquerque, New Mexico 87112 has a population of 572,777.
The median household income in Albuquerque, New Mexico 87112 is $54,179. 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 87112 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 12/4/2023 | Active | $579,429 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $3,072 USD | 3.47% | $71,900 USD | 3.00% |
| 2022 | $2,969 USD | 3.49% | $69,807 USD | 3.00% |
| 2021 | $2,869 USD | 1.67% | $67,774 USD | 3.00% |
| 2020 | $2,822 USD | 3.03% | $65,800 USD | - |
| 2019 | $2,739 USD | 0.66% | $65,800 USD | 3.00% |