1 month on rocket

200 Hermosa Dr NE, Albuquerque, NM, 87108

$2,800,000

22 Bedrooms
22 Baths
11,369 SqFt
$246/SqFt
Multi
Schools Nearby

Location

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Property Highlights

Home TypeMulti Family
Year Built1977
HeatingBaseboard, Electric, Hot Water
CoolingCentral Air
MLS #1057503
Lot Size0.23 Acres
StatusActive

About 200 Hermosa Dr NE

Introducing Hermosa Commons, a stunning turnkey multi-family and commercial building investment portfolio located in the heart ofthe highly desirable Nob Hill neighborhood. As you may know, Albuquerque is in a housing crisis, and thanks to all the new job growth the demand forapartments has skyrocketed. Hermosa is a mixed-use property boasting a total of 22 units (20 studios, 2 - 1 bedrooms, and commercial units, with agross building area of 11,369 sq. ft. Most studio units are 330 sq. ft. with the same floor plans. The property is turn-key with a strong history ofoccupancy and is located in a high-demand rental market. Currently, owner-managed fully remotely with maintenance and video security system.

Property Details

Property Features

Property Information:

  • Year Built: 1977
  • Stories: 2
  • Living Area: 11,369 SqFt

Listing Office:

  • Office Name: USRealty.com, LLP
  • Office Phone: (866) 807-9087
  • Listing Agent: Loria A Hamilton-Field

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Laminate

Bedroom and Bathroom Information:

  • Total Bedroom Count: 22

Exterior Features

Exterior Information:

  • Exterior: Landscaping

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric, Hot Water
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Highland High School, Public District Grades 9-12
  • Nex Gen Academy, Public District Grades 9-12
  • Wilson Middle School, Public District Grades 6-8
  • Bandelier Elementary School, Public District Grades KG-5
  • Coronado Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From I-40 and Carlisle, south on Carlisle, to Copper, east to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,800,000
  • Price Per SqFt: $246/SqFt
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Housing Market Comparison

See how this home compares to others in Albuquerque, NM.

Med. Sold Price

$335.6K

Med. Price/SqFt

$200

Avg. Days On Market

27

# of Sold Homes

479

200 Hermosa Dr NE vs Albuquerque

52 DAYS ON ROCKET

+25 Days

$2,800,000

+$2.4M More

$246/SqFt

+$46 More

KEY TAKEAWAY

This property is $2.4M more than the Median Sold Price and $46/SqFt more than other homes in Albuquerque, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1057503

Listing Office:

  • Office Name: USRealty.com, LLP
  • Office Phone: (866) 807-9087
  • Listing Agent: Loria A Hamilton-Field

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2024 Southwest Multiple Listing Service. 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: 4/27/2024, 4:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$14K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,461

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NMLS#3030

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-1029100
6
/10
  • Bandelier Elementary School

  • 3309 Pershing Ave SE

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-1029101
6
/10
  • Coronado Elementary School

  • 601 4th St SW

  • 2.83 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1029102
3
/10
  • Wilson Middle School

  • 1138 Cardenas Dr SE

  • 1.78 miles

  • Public District Grades 6-8

High School

school-card-donut-1029103
3
/10
  • Highland High School

  • 4700 Coal Ave SE

  • 0.72 miles

  • Public District Grades 9-12

school-card-donut-1029104
8
/10
  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 3.91 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,179. Residents of Albuquerque, NM typically earn less than $35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket HomesNew MexicoBernalillo CountyAlbuquerque87108200 Hermosa Dr NE

This home is located at 200 Hermosa Dr NE in Albuquerque, NM and zip code 87108 in the Southeast Heights neighborhood. This 11,369 square foot home, which was built in 1977, sits on a 0.23 acre lot. Features: 22 bedrooms, 22 bathrooms. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $2,800,000.

In March 2024 more than 141 listings in Albuquerque, NM were sold above the asking price. During the same period more than 121 listings were sold at asking price, while more than 217 were sold below. The number of listings in Albuquerque, NM decreased by 8.3% between February 2024 and March 2024. While the average time on the market in March 2024 was 27 days, the median list price was $335,689.

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

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