23 days on rocket

Sale Pending

118-120 W Berger St, Santa Fe, NM, 87501

$1,050,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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118-120 W Berger St, Santa Fe$1,050,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingCarport
Year Built1950
HeatingElectric, Natural Gas
CoolingNone
MLS #202401250
Lot Size0.22 Acres
StatusSale Pending
(Pending)

About 118-120 W Berger St

CALLING ALL INVESTORS!!! Sweet South Capitol Fourplex offered for the first time since 1982. Ample on-site parking. This fourplex unit mix consists of a single 2 bed/1 bath unit and three 1 bed/1 bath units. No washer/dryers. Leases are month to month. R21 zoning allows for multifamily residential use. The property has non-contributing historic status but there are HDRB restrictions on changing the portal/façade on the original 1950's back part of the building. The 1983 addition to the front of the building has more flexibility for expansion. All 4 units have their own electrical meter. Unit 118 and 120 A have gas heat on a single meter. Units 120B and 120C are all- electric units. Measures of current investment performance are a GRM of 21, pre reserves CAP rate of 4.86%, price per square foot of $333/sf and price per unit of $262,000/unit. Proforma measurements of investment performance is estimated at a cap rate of 8% and a GRM of 12.5. Please do not disturb tenants.

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1950

Listing Office:

  • Office Name: Real Estate Advisors, LLC
  • Office Phone: (505) 539-3200
  • Listing Agent: Tai Bixby

Interior Features

Interior Information:

  • Basement: No
  • Interior: No Interior Steps

Exterior Features

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Santa Fe High School, Public District Grades 9-12
  • Calvin Capshaw Middle School, Public District Grades 7-8
  • Wood-Gormley Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: On W Berger Between Galisteo and Don Gaspar

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,050,000
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Housing Market Comparison

See how this home compares to others in Santa Fe, NM.

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Santa Fe, NM

City

Med. Sold Price

$622K

Med. Price/SqFt

$359

Avg. Days On Market

53

# of Sold Homes

158

118-120 W Berger St vs Santa Fe

23 DAYS ON ROCKET

-30 Days

$1,050,000

+$427.9K More

KEY TAKEAWAY

This property is $427.9K more than the Median Sold Price in Santa Fe, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SFAOR
  • MLS Number: #202401250

Listing Office:

  • Office Name: Real Estate Advisors, LLC
  • Office Phone: (505) 539-3200
  • Listing Agent: Tai Bixby

IDXThe data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2024 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 3:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

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Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5133615
9
/10

  • Wood-Gormley Elementary School

  • 141 E Booth St

  • 0.29 miles

  • Public District Grades KG-6

Middle School

school-card-donut-5133616
4
/10

  • Calvin Capshaw Middle School

  • 351 East Zia Rd

  • 2.14 miles

  • Public District Grades 7-8

High School

school-card-donut-5133617
5
/10

  • Santa Fe High School

  • 2100 Yucca St

  • 2.43 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,408. The most common annual income of people living in Santa Fe, NM is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Santa Fe County›Santa Fe›87501›118-120 W Berger St

This home is located at 118-120 W Berger St in Santa Fe, NM and zip code 87501 in the Buena Vista neighborhood. This home, which was built in 1950, sits on a 0.22 acre lot. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $1,050,000.

In April 2024, from all listings sold in Santa Fe, NM there were more than 39 sold above asking price, over 77 sold below and more than 42 were sold right at the asked price. In April 2024 in Santa Fe, NM there were 13% more homes for sale than in March 2024. In April 2024 median list price was $622,027 and the average listing age was 53 days.

From Rocket Homes Real Estate and based on county public records data.

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