NOT LISTED FOR SALE

12209 Eric Ct NE Albuquerque, NM 87112

Oñate Neighborhood
2 Beds
1 Bath
2,769 Sq Ft
0.28 Acres

Last Sold December 18, 2019

31 Days on Market

Highlights

  • Carpet
  • Property has 1 Level
  • 5-minute walk to Lynnwood Park
  • Eldorado High School Rated A

About This Home

As of December 2019

NM Apartment Advisors is excited to have listed this fabulous owner occupant style fourplex at 12209 Eric Court NE with potential owners' unit. Property has an amazing location - biking distance to restaurants and retail and a bike (72) score. Built in 1977, each unit includes washer/dryer hooks and some recent renovations.At the ask price of $275,000 and an average rent of $605 the measure of investment performance include a GRM of 9.47, a CAP rate of 5.20%, a price per unit of $68,750, a price per square foot of $82.34 and an after-tax IRR of 14.00%.If the rents are raised to market average of $727 the measure of investment performance improved to a GRM of 7.88, a CAP rate of 7.20%.

Last Agent to Sell the Property

Todd Clarke

NM Apartment Advisors, Inc. License #13711 Listed on: 09/26/2019

Last Buyer's Agent

The Schuster Team

Keller Williams Realty License #35814

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,991

Year Built

  • Built in 1977

Lot Details

  • 0.28 Acre Lot
  • Additional Parcels

Home Design

  • Quadruplex
  • Frame Construction

Interior Spaces

  • 2,769 Sq Ft Home
  • Property has 1 Level
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Natural Gas Connected

Community Details

  • 2,769 Sq Ft Building
  • Brentwood Hills Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 102205938252712535

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,991

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: From I-40 and Juan Tabo - north to Candelaria, west to Muriel, south to property
  • Listing Contract Date: 2019-09-25
  • Year Built: 1977
  • Lot Size Acres: 0.28
  • Subdivision Name: Brentwood Hills Add
  • Unit Levels: One
  • New Construction: No
  • Year Built Details: 41 - 50
  • Property Sub Type Additional: Quadruplex
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Appliances: Refrigerator
  • Stories: 1
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 2769.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame
  • Property Condition: Resale

Utilities

  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Additional Parcels: Yes
  • Parcel #: 102205938252712535
  • Zoning Description: R-ML*

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2991.48

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2019 12/18/19 Sold -- -- --
10/28/2019 10/28/19 Pending -- -- --
10/22/2019 10/22/19 For Sale $275,000 0.0% $99 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $275,000 -- $99 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Todd Clarke

    Seller's Agent in 2019

    Todd Clarke

    NM Apartment Advisors, Inc.

    (505) 480-8885

    2 in this area

    226 Total Sales

    Todd Clarke
    Section Image
  • The Schuster Team

    Buyer's Agent in 2019

    The Schuster Team

    Keller Williams Realty

    (505) 238-6428

    428 Total Sales

    The Schuster Team
    Section Image
See All Agents

Map

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 954750

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-022-059-382-527-1-25-35

New Mexico Bernalillo County Albuquerque 87112 Oñate

12209 Eric Ct NE, Albuquerque, NM

This home is located at 12209 Eric Ct NE, Albuquerque, NM 87112 since 26 September 2019. This property was built in 1977. 12209 Eric Ct NE is a home located in Bernalillo County with nearby schools including Eldorado High School, Matheson Park Elementary School, and Hoover Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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