27 days on rocket

504 Cagua Dr SE, Albuquerque, NM, 87108

$299,000

Home List Price

$3,551*

Closing Credit

2 Bedrooms
1 Bath
1,884 SqFt
$159/SqFt
Multi
Schools Nearby

Location

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504 Cagua Dr SE, Albuquerque$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1950
HeatingCentral, Forced Air, Floor Furnace, Wall Furnace
CoolingEvaporative Cooling
MLS #1061817
Lot Size0.16 Acres
StatusActive

About 504 Cagua Dr SE

If your looking to invest great opportunity here! Live in one rent the other or fantastic rentals. This duplex is a solid find! Newer windows and stucco. Each unit has 2 large bd/ 1 bth. w/Hardwood floors throughout some carpet but original hardwood under. Each unit has a designated garage space plus newer blacktop. Ample parking for each unit as well as yard space. Evaporative coolers were just serviced with new motors and are ready for summer. If your looking to invest these units have great rental history. This property has only been sold once since 1950.One lease ends May 31st and the other unit July 31st. Will move month to month after that period. New buyer will have option to keep them in place.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 1,884 SqFt

Listing Office:

  • Office Name: Realty One of New Mexico
  • Office Phone: (505) 883-9400
  • Listing Agent: Sharon Lucero

Interior Features

Interior Information:

  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Basement: No
  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Lighting

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Floor Furnace, Wall Furnace
  • Cooling: Evaporative Cooling

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
  • Whittier Elementary School, Public District Grades KG-5
  • Coronado Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Go South on Cagua from Zuni to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $159/SqFt

Tax Information:

  • Annual Amount: $1,598
  • Tax Year: 2020
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Housing Market Comparison

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

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Albuquerque, NM

City

Med. Sold Price

$335.6K

Med. Price/SqFt

$201

Avg. Days On Market

26

# of Sold Homes

556

504 Cagua Dr SE vs Albuquerque

27 DAYS ON ROCKET

+1 Day

$299,000

-$36.6K Less

$159/SqFt

-$42 Less

KEY TAKEAWAY

This property is $36.6K less than the Median Sold Price and $42/SqFt less than other homes in Albuquerque, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1061817

Listing Office:

  • Office Name: Realty One of New Mexico
  • Office Phone: (505) 883-9400
  • Listing Agent: Sharon Lucero

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, 6:20:30 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$1,598$41,246
2019$1,586$41,246
2018$1,584$41,246
2017$1,584$41,246

History based on county public records data.

Payment Calculator

$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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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-6122387
4
/10

  • Whittier Elementary School

  • 1110 Quincy St SE

  • 0.79 miles

  • Public District Grades KG-5

school-card-donut-6122388
6
/10

  • Coronado Elementary School

  • 601 4th St SW

  • 4.26 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6122389
4
/10

  • Wilson Middle School

  • 1138 Cardenas Dr SE

  • 0.72 miles

  • Public District Grades 6-8

High School

school-card-donut-6122390
3
/10

  • Highland High School

  • 4700 Coal Ave SE

  • 0.74 miles

  • Public District Grades 9-12

school-card-donut-6122391
6
/10

  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 4.16 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 $24,315. 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 high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87108›504 Cagua Dr SE

This home is located at 504 Cagua Dr SE in Albuquerque, NM and zip code 87108 in the South San Pedro neighborhood. This 1,884 square foot home, which was built in 1950, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 04, 2024 and is currently priced at $299,000.

In April 2024 more than 170 listings in Albuquerque, NM were sold above the asking price. During the same period more than 156 listings were sold at asking price, while more than 230 were sold below. Between March 2024 and April 2024, Albuquerque, NM real estate market has seen decrease in the number of listings by 4.2%. While the average time on the market in April 2024 was 26 days, the median list price was $335,623.

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

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