$575,000
- 2 Beds
- 2 Baths
- 2,094 Sq Ft
2882 New Mexico 14, Los Cerrillos, NM 87010
Skipton Adams #SoldBySkip
Frequently Asked Questions
Is Madrid a good place to live?
Madrid is a good place to live. Madrid is considered very car-dependent and somewhat bikeable with minimal transit options. Madrid is a neighborhood with a crime score of 1, making it safer than the average neighborhood in the U.S. Madrid has 2 parks for recreational activities. It has a median age of 61. The average household income is $39,031 which is below the national average. College graduates make up 51.7% of residents. A majority of residents in Madrid are home owners, with 26.3% of residents renting and 73.7% of residents owning their home. A local real estate agent serving Madrid can help you decide if this neighborhood is the right one for you. Learn more on our Madrid neighborhood guide.
Is Madrid, NM a safe neighborhood?
Madrid, NM is safer than the average neighborhood in the United States. It received a crime score of 1 out of 10.
How much do you need to make to afford a house in Madrid?
The median home price in Madrid is $446,500. If you put a 20% down payment of $89,300 and had a 30-year fixed mortgage with an interest rate of 6.37%, your estimated principal and interest payment would be $2,230 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $96K a year to afford the median home price in Madrid. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Madrid is $39K.
What are the best public schools in Madrid?
The best public schools that serve Madrid are:
- Santa Fe High School has a B+ Niche grade, a student teacher ratio of 18:1 and an average review score of 3.5.
- Amy Biehl Community School at Rancho Viejo has a B- Niche grade and a student teacher ratio of 15:1.
- Capital High School has a C+ Niche grade, a student teacher ratio of 16:1 and an average review score of 3.9.
What are the most popular zip codes in Madrid, Cerrillos, NM?
What are the most popular neighborhoods near Madrid, Cerrillos, NM?
The most popular neighborhoods near Madrid, Cerrillos, NM are Los Cerrillos, Galisteo, La Cienega, San Pedro and Eldorado at Santa Fe.
