Betty Houston - Coldwell Banker Legacy
317 Stanford Drive SE
Albuquerque, NM 87106

Description

Large recently renovated residence in the front + rental house in the rear.Located a few hundred steps from UNM the property has high walk (81), Transit (48) and Bike scores (96).Gleaming hard wood floors, built ins: niches, bookshelves, linen closets and dish shelves speak to the 1920s vintage and quality of the residence. Virtual tour of front residence available.Measures of investment performance include: at average rent of $963 a month, 10.87 GRM, 6.30% Cap rate, 13.40% IRR before tax, 10.50% IRR after tax. Disclosure: co-listing broker is related to owner.New price reflects comparable sales and results of bid process.

Details

MLS#925616
Sub-TypeResale
StatusActive
Year1926
Days On Site128

Features

SQ Feet1,750
Units2
Building(s)2

Loading Form

Loading Form

Area Information

StateNM
CountyBernalillo
CityAlbuquerque
Zip Code87106
Area42 - UNM South
Listing VS Median (in 87106)
Price:
$250,992
low | high
Med:
$279,900
38.482501434309% of Average
SqFt:
1,750
low | high
Med:
1,854
44.057142857143% of Average
$ / SqFt:
$143
low | high
Med:
$151
44.738067696893% of Average
On Site:
128
low | high
Med:
54
100% of Average
Listing Updated: 12/11/2018
MLS Number: 925616
Listing Provided By:
Todd D Clarke  of  NM Apartment Advisors Inc.