5 months on rocket

Sale Pending

6626 Franklin Rd NE, Rio Rancho, NM, 87144

$40,000

0.66 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #1062100
Lot Size0.66 Acres
StatusSale Pending
(Pending)

About 6626 Franklin Rd NE

A residential build lot with views on .66 acre just across from the proposed Sports Complex and down the street from Elementary school. On the north side of Franklin NE across from Sandia Vista Elementary. This lot currently has no utilities other than the water and sewer stubbed at Franklin and Hamilton, but the opportunity is huge once the build out for the sports complex takes place. This is a great investment opportunity for an up and coming part of Rio Rancho. Seller will consider owner financing on these lots for 7.5% interest with 25% down.Lot side by side next door for sale too

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 292-8900
  • Listing Agent: Nichole M. Bronstorp

Lot Features

Lot Information:

  • Lot: Views, Gentle Sloping
  • Lot Size: 0.66 Acres

School Info

Assigned Schools Information:

  • V Sue Cleveland High School, Public District Grades 9-12
  • Mountain View Middle School, Public District Grades 6-8
  • Sandia Vista Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: On Franklin In Rio Rancho

Price Information

Listing Price Info

Price Summary:

  • List Price: $40,000
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Housing Market Comparison

See how this home compares to others in Rio Rancho, NM.

Med. Sold Price

$359.8K

Med. Price/SqFt

$206

Avg. Days On Market

28

# of Sold Homes

121

6626 Franklin Rd NE vs Rio Rancho

178 DAYS ON ROCKET

+150 Days

$40,000

-$319.8K Less

KEY TAKEAWAY

This property is $319.8K less than the Median Sold Price in Rio Rancho, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1062100

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 292-8900
  • Listing Agent: Nichole M. Bronstorp

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: 10/31/2024, 8:20:47 PM 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

$267

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$186

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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-833153
8
/10
  • Sandia Vista Elementary School

  • 6800 Franklin NE

  • 0.05 miles

  • Public District Grades PK-5

Middle School

school-card-donut-833154
9
/10
  • Mountain View Middle School

  • 4101 Montreal Loop NE

  • 0.89 miles

  • Public District Grades 6-8

High School

school-card-donut-833155
7
/10
  • V Sue Cleveland High School

  • 4800 Laban Rd NE

  • 2.53 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $85,129. Most Rio Rancho, NM residents have annual incomes between $35k-100k. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6626 Franklin Rd NE

What is the listing price of this property?

The listing price of 6626 Franklin Rd NE property is $40,000.

What type of property is this?

The property 6626 Franklin Rd NE is land located in Rio Rancho, New Mexico, 87144.

Is this property for sale now?

Sale Pending: 6626 Franklin Rd NE is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 6626 Franklin Rd NE are:
Sandia Vista Elementary School: GreatSchools Rating 8/10
Mountain View Middle School: GreatSchools Rating 9/10
V Sue Cleveland High School: GreatSchools Rating 7/10

How much acreage is this property?

The property 6626 Franklin Rd NE is 0.66 acres.
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Rocket HomesNew MexicoSandoval CountyRio Rancho871446626 Franklin Rd NE

This home is located at 6626 Franklin Rd NE in Rio Rancho, NM and zip code 87144 in the Lomas Encantadas neighborhood. This home sits on a 0.66 acre lot. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $40,000.

Rio Rancho, NM housing market in September 2024 saw over 23 listings sold above listed price, more than 46 sold at listed price and over 52 sold below. The inventory of homes for sale in Rio Rancho, NM between August 2024 and September 2024 decreased by 8.8%. In September 2024 median list price was $359,849 and the average listing age was 28 days.

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

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