Ideal for investors or buyers looking for a live-in opportunity with rental income potential! This property offers four condo units, including one vacant unit ready for immediate move-in, along w/ three well-maintained rental units. Vacant: A spacious and inviting 2-bedroom, 2-bathroom condo with modern finishes, bright open living spaces, and a private balcony. Perfect for a new homeowner or someone looking to personalize their space. Enjoy ample storage and comfortable living in a prime location. Rental Units (Occupied w/ 1 yr lease): One 2/2, two 1/1. Featuring updated kitchens (2/2;1/1) and generous living spaces. Includes assigned parking and access to community amenities. This unique property near the base and VA hospital is perfect for a first time homebuyer or investo
Property Details
Property Features
Property Information:
Year Built: 1965
Living Area: 866 SqFt
Listing Office:
Office Name: Coldwell Banker Legacy
Office Phone: (505) 828-1000
Listing Agent: Brandi Leighann Jones
Interior Features
Interior Information:
Basement: No
Flooring Type: Vinyl
Interior: Main Level Primary
Fireplace: Gas Log
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: Yes
Exterior: Balcony
Utilities
Utilities Information:
Heating: Central, Forced Air
Cooling: Evaporative Cooling
Other
Directions Information:
Directions: From I-40, take San Mateo Exit, go south for 2.8 miles, go left on Ross Ave, go 4 blocks and then right on Alvarado. Complex entry gate on Alvarado.
Price Information
Listing Price Info
Price Summary:
List Price: $420,000
Price Per SqFt: $485/SqFt
HOA Fees:
Amount: $274
Frequency: Monthly
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.
This property is $75.2K more than the Median Sold Price and $280/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: #1074972
Listing Office:
Office Name: Coldwell Banker Legacy
Office Phone: (505) 828-1000
Listing Agent: Brandi Leighann Jones
The 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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,438
Per Month
Principal & Interest
$2,097
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$274
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,326
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Whittier Elementary School
1110 Quincy St SE
Distance between this listing and this school0.44 miles
Public District Grades PK-5
2
/10
Emerson Elementary School
620 Georgia St SE
Distance between this listing and this school0.72 miles
Public District Grades PK-5
1
/10
Wherry Elementary School
Bldg 25000th Kafb East
Distance between this listing and this school1.11 miles
Public District Grades PK-5
Nearby Schools
4
/10
Wilson Middle School
1138 Cardenas Dr SE
Distance between this listing and this school0.17 miles
Public District Grades 6-8
4
/10
Van Buren Middle School
700 Louisiana Blvd SE
Distance between this listing and this school0.85 miles
Public District Grades 6-8
6
/10
Cien Aguas International
2000 Randolph Rd SE
Distance between this listing and this school2.45 miles
Public Charter Grades KG-8
Nearby Schools
1
/10
Cesar Chavez Community School
1325 Palomas Dr SE
Distance between this listing and this school0.18 miles
Public Charter Grades 9-12
3
/10
Highland High School
4700 Coal Ave SE
Distance between this listing and this school1.09 miles
Public District Grades 9-12
6
/10
Media Arts Collaborative Charter
4401 Central Ave NE Bldg 2
Distance between this listing and this school1.45 miles
The neighbors living near this home have an average income of $17,081. The most common annual income of people living in Albuquerque, NM is less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1100 Alvarado Dr SE Unit 201
What is the listing price of this property?
The listing price of 1100 Alvarado Dr SE Unit 201 property is $420,000.
What type of property is this?
The property 1100 Alvarado Dr SE Unit 201 is a condo located in Albuquerque, New Mexico, 87108.
Is this property for sale now?
Active Listing: 1100 Alvarado Dr SE Unit 201 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 1100 Alvarado Dr SE Unit 201 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 1100 Alvarado Dr SE Unit 201 is 866 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1100 Alvarado Dr SE Unit 201 is 1965.
This home is located at 1100 Alvarado Dr SE Unit 201 in Albuquerque, NM and zip code 87108 in the South San Pedro neighborhood. This 866 square foot home was built in 1965. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 08, 2024 and is currently priced at $420,000.
Over 86 listings were sold over their listed price in November 2024 in Albuquerque, NM. In the same period over 225 listings were sold below the listed price and 127 listings were sold for the listed price. The number of listings in Albuquerque, NM decreased by 14.7% between October 2024 and November 2024. Listings spent 34 days on the market in November 2024, and had a median list price of $344,759 during the same period.
From Rocket Homes Real Estate and based on county public records data.