Seller's Agent in 2019
Todd Clarke
NM Apartment Advisors, Inc.
(505) 480-8885
3 in this area
225 Total Sales
200 Hermosa Dr NE Albuquerque, NM 87108
Nob Hill Neighborhood
--
Bed
1
Bath
11,369
Sq Ft
0.46
Acres
Highlights
- 0.46 Acre Lot
- Two cooling system units
- CRI Green Label Plus Certified Carpet
- Monte Vista Elementary School Rated A-
- Landscaped
About This Home
As of April 2019This is the first time this property has been available since 1994.The property, 200 Hermosa NE, occupies a full block from Hermosa to Solano on the north side of Copper and has a high walk (91), bike (99), and transit (41) scores (note - the property is about 300' north of the new ART Stop).At the ask price of $1,355,114 and an average rent of $517, the measure of investment performance include a GRM of 10.25, a CAP rate of 5.85%, a price per unit of $63,577, a price per square foot of $117.42 and a before tax IRR of 17.50%.If rents were raised to market of 658, the measure of investment performance improve to a cap rate of 8.08%, and a cash on cash of 10.71%.Owner is open to seller financing, with a down payment of no less than 25%, interest rate of 6%, a 30 year amort, 5
Last Agent to Sell the Property
NM Apartment Advisors, Inc. License #13711 Listed on: 11/27/2018
Last Buyer's Agent
Elizabeth Beraun
RE/MAX SELECT
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,751
Year Built
- Built in 1977
Lot Details
- 0.46 Acre Lot
- Landscaped
- Additional Parcels
Home Design
- Frame Construction
Interior Spaces
- 1 Bathroom
- 11,369 Sq Ft Home
- Property has 2 Levels
- CRI Green Label Plus Certified Carpet
Utilities
- Two cooling system units
- Multiple Heating Units
Community Details
- 21 Units
- 11,369 Sq Ft Building
- College View Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 101705705327020224
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2019 04/15/19 | Sold | -- | -- | -- |
| 01/16/2019 01/16/19 | Pending | -- | -- | -- |
| 11/27/2018 11/27/18 | For Sale | $1,335,114 | -- | $117 / Sq Ft |
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Todd Clarke
-
E
Buyer's Agent in 2019
Elizabeth Beraun
RE/MAX
Map
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 933102
APN: 1-017-057-053-270-2-02-24
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