5 months on rocket

0 Old Madrid, Cerrillos, NM, 87010

$80,000

8.52 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
MLS #202402994
Lot Size8.52 Acres
StatusActive

About 0 Old Madrid

Located in the serene hills between Madrid and Cerrillos, New Mexico, this 8.516-acre property offers an ideal retreat from the city while maintaining convenient proximity to both Santa Fe and Albuquerque. With highway frontage and electricity running across the lot ready to be connected, it ensures easy access and various building possibilities. Enjoy breathtaking panoramic views of the Santa Fe, Sangre de Cristo, and Jemez mountains, overlooking the picturesque Cerrillos hills. Nearby, explore numerous recreational opportunities including hiking, biking, and expansive open spaces.

Property Details

Property Features

Listing Office:

  • Office Name: Santa Fe Realty Unlimited
  • Office Phone: (505) 467-8829
  • Listing Agent: Marshall Duran

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • Exterior: None

Lot Features

Lot Information:

  • Lot: Views
  • Lot Size: 8.52 Acres

Other

Directions Information:

  • Directions: Take NM 14 south of Santa Fe approximately 18 miles, south of Cerrillos north of Madrid.

Price Information

Listing Price Info

Price Summary:

  • List Price: $80,000
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Housing Market Comparison

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

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Cerrillos, NM

City

Med. Sold Price

$380K

Med. Price/SqFt

$290

Avg. Days On Market

80

# of Sold Homes

2

0 Old Madrid vs Cerrillos

152 DAYS ON ROCKET

+72 Days

$80,000

-$300K Less

KEY TAKEAWAY

This property is $300K less than the Median Sold Price in Cerrillos, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SFAOR
  • MLS Number: #202402994

Listing Office:

  • Office Name: Santa Fe Realty Unlimited
  • Office Phone: (505) 467-8829
  • Listing Agent: Marshall Duran

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: 12/21/2024, 7:21:00 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

$467

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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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.

Nearby Schools

school-card-donut-765266
2
/10

  • Santo Domingo Elementary School

  • 100 Hwy 22 West

  • 9.16 miles

  • Public District Grades PK-5

school-card-donut-765267
4
/10

  • Cochiti Elementary School

  • 800 Quail Hill Trl

  • 13.52 miles

  • Public District Grades PK-5

school-card-donut-765268
6
/10

  • Amy Biehl Community School at Rancho Viejo

  • 310 Avienda Del Sur

  • 14.73 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,080. Most Cerrillos, NM residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Cerrillos, NM

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Cerrillos, NM?

Cerrillos features a unique housing market with a blend of traditional Southwestern adobe homes and more contemporary styles. The area is known for its rural charm and smaller population, which is reflected in the housing options available. While there is a limited number of multi-family dwellings, the majority of residences are single-family homes that offer a sense of privacy and connection to the natural surroundings.

Is Cerrillos, NM a good place to live?

Cerrillos prides itself on its rich history and cultural heritage, which is evident in its well-preserved historical sites and local artisan community. The town's character is shaped by its artistic spirit and the scenic beauty of the surrounding high desert landscape. Community events and local galleries showcase the town's commitment to preserving and celebrating its artistic and historical identity.

Are things conveniently located in Cerrillos, NM?

The community of Cerrillos provides essential services to its residents, including educational resources and healthcare facilities within a reasonable distance. Local businesses and restaurants reflect the town's cultural heritage, offering a taste of the local cuisine and arts. The town's services are scaled to its size, ensuring that residents have access to necessary amenities while maintaining the area's quaint, small-town feel.

What does the transportation in Cerrillos, NM look like?

Transportation options in Cerrillos are primarily geared towards private vehicle use, with a network of roads connecting residents to nearby towns and cities. Public transportation options are limited, reflecting the rural nature of the community. The area's walkability is centered around the historic downtown, where residents and visitors can enjoy a leisurely pace and the town's unique character.

Frequently Asked Questions About 0 Old Madrid

What is the listing price of this property?

The listing price of 0 Old Madrid property is $80,000.

What type of property is this?

The property 0 Old Madrid is land located in Cerrillos, New Mexico, 87010.

Is this property for sale now?

Active Listing: 0 Old Madrid is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 0 Old Madrid is 8.52 acres.
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Rocket Homes›New Mexico›Santa Fe County›Cerrillos›87010›0 Old Madrid

This home is located at 0 Old Madrid in Cerrillos, NM and zip code 87010. This home sits on a 8.52 acre lot. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $80,000.

Cerrillos, NM housing market in November 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 2 sold below. In November 2024 median list price was $380,000 and the average listing age was 80 days.

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

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