29 days on rocket

3444 Eastern Ave SE, Albuquerque, NM, 87106

$570,370

Home List Price

$6,773*

Closing Credit

2 Bedrooms
1 Bath
2,300 SqFt
$248/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

3444 Eastern Ave SE, Albuquerque$570,370

Buyer Closing Credits

$6,773*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
Year Built1972
HeatingWall Furnace
CoolingEvaporative Cooling
MLS #1057423
Lot Size0.19 Acres
StatusActive

About 3444 Eastern Ave SE

All 4 apartments have been modernized with care and an eye for resident comfort, convenience and security with secured outdoor storage and private yard spaces with brand new xeric landscaping and plenty of room for private outdoor living space. Other updates include thermal windows, new quality luxury vinyl plank flooring throughout, stacked washer / dryers in each unit, with updated appliances and fixtures throughout.Measures of investment performance at ask price of $570,370 and current average rent of $1,038 are a GRM of 11.45, a 6.41% cap rate, $142,592 per unit, $248/sf and an after tax IRR of 12.70%. If rents are raised to market of $1,175 the measures of investment performance improve to a cap rate of 7.32%.Apartments are separately metered and residents pay G&E.

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Stories: 1
  • Living Area: 2,300 SqFt

Listing Office:

  • Office Name: NM Apartment Advisors, Inc.
  • Office Phone: (505) 440-8633
  • Listing Agent: Todd D Clarke

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: No
  • Flooring Type: Vinyl

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Landscaping

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Evaporative Cooling

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: From I-40 and Gibson, east to Carlisle, morth to Eastern, South to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $570,370
  • Price Per SqFt: $248/SqFt

Tax Information:

  • Annual Amount: $1,992
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Albuquerque, NM

City

Med. Sold Price

$335.6K

Med. Price/SqFt

$201

Avg. Days On Market

26

# of Sold Homes

556

3444 Eastern Ave SE vs Albuquerque

29 DAYS ON ROCKET

+3 Days

$570,370

+$234.7K More

$248/SqFt

+$47 More

KEY TAKEAWAY

This property is $234.7K more than the Median Sold Price and $47/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: #1057423

Listing Office:

  • Office Name: NM Apartment Advisors, Inc.
  • Office Phone: (505) 440-8633
  • Listing Agent: Todd D Clarke

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: 6/1/2024, 8:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,992$46,441
2019$1,864$45,089
2018$1,807$43,775
2017$1,807$42,500

History based on county public records data.

Payment Calculator

$2,914

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,777

Powered By

Rocket Mortgage

Advertisement

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-6196870
3
/10

  • Kirtland Elementary School

  • 3530 Gibson Blvd SE

  • 0.16 miles

  • Public District Grades PK-5

school-card-donut-6196871
6
/10

  • Coronado Elementary School

  • 601 4th St SW

  • 2.95 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6196872
4
/10

  • Wilson Middle School

  • 1138 Cardenas Dr SE

  • 1.59 miles

  • Public District Grades 6-8

High School

school-card-donut-6196873
5
/10

  • Albuquerque High School

  • 800 Odelia Rd NE

  • 2.99 miles

  • Public District Grades 9-12

school-card-donut-6196874
6
/10

  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 5.18 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 $28,394. Typical income of Albuquerque, NM residents is less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87106›3444 Eastern Ave SE

This home is located at 3444 Eastern Ave SE in Albuquerque, NM and zip code 87106 in the Southeast Albuquerque neighborhood. This 2,300 square foot home, which was built in 1972, sits on a 0.19 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $570,370.

Albuquerque, NM housing market in April 2024 saw over 170 listings sold above listed price, more than 156 sold at listed price and over 230 sold below. In April 2024 in Albuquerque, NM there were 4.2% less homes for sale than in March 2024. The median list price of listings available in April 2024 was $335,623, while the average time on the real estate market was 26 days.

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

More Resources