new - 6 days on rocket

200 Hermosa Dr NE, Albuquerque, NM, 87108

$2,800,000

22 Bedrooms
22 Baths
11,369 SqFt
$246/SqFt
Multi

Location

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Property Highlights

Home TypeMulti Family
Year Built1941
HeatingBaseboard, Electric, Hot Water
CoolingEvaporative Cooling
MLS #1073494
Lot Size0.23 Acres
StatusActive

About 200 Hermosa Dr NE

Introducing Hermosa Commons at 200 Hermosa Dr. NE, Albuquerque, NM 87108 -- a prime turnkey investment in the heart of Nob Hill.This mixed-use property includes 22 units (20 studios, 2 one-bedrooms, and commercial spaces) across 11,369 sq. ft., just minutes from Nob Hill Business Center and the University of New Mexico (UNM). Studios at 330 sq. ft. are ideal, efficient spaces for renters.Since 2019, Hermosa Commons has undergone significant improvements, including fresh paint and flooring in 17 units and a new high-efficiency boiler installed in 2020. Attracting and retaining quality tenants. Three previously vacant units have also been renovated and leased.Located steps from the Albuquerque Rapid Transit (ART) station, the property provides unmatched citywide accessibility.

Property Details

Property Features

Property Information:

  • Year Built: 1941
  • Stories: 2
  • Living Area: 11,369 SqFt

Listing Office:

  • Office Name: USRealty.com, LLP
  • Office Phone: (866) 807-9087
  • Listing Agent: Loria A Hamilton-Field

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Laminate

Bedroom and Bathroom Information:

  • Total Bedroom Count: 22

Exterior Features

Exterior Information:

  • Exterior: Landscaping

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric, Hot Water
  • Cooling: Evaporative Cooling

Other

Directions Information:

  • Directions: From I-40 and Carlisle, south on Carlisle, to Copper, east to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,800,000
  • Price Per SqFt: $246/SqFt
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Housing Market Comparison

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

Med. Sold Price

$344K

Med. Price/SqFt

$204

Avg. Days On Market

33

# of Sold Homes

530

200 Hermosa Dr NE vs Albuquerque

6 DAYS ON ROCKET

-27 Days

$2,800,000

+$2.4M More

$246/SqFt

+$41 More

KEY TAKEAWAY

This property is $2.4M more than the Median Sold Price and $41/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: #1073494

Listing Office:

  • Office Name: USRealty.com, LLP
  • Office Phone: (866) 807-9087
  • Listing Agent: Loria A Hamilton-Field

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: 11/18/2024, 1:20:47 AM 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

$14K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,461

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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-617154
6
/10
  • Monte Vista Elementary School

  • 3211 Monte Vista Blvd NE

  • 0.51 miles

  • Public District Grades KG-5

school-card-donut-617155
6
/10
  • Bandelier Elementary School

  • 3309 Pershing Ave SE

  • 0.57 miles

  • Public District Grades KG-5

school-card-donut-617156
6
/10
  • Zia Elementary School

  • 440 Jefferson St NE

  • 0.82 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,179. Typical income of Albuquerque, NM residents is less than $35k annually. Typical family type is single, 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

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Rocket HomesNew MexicoBernalillo CountyAlbuquerque87108200 Hermosa Dr NE

This home is located at 200 Hermosa Dr NE in Albuquerque, NM and zip code 87108 in the Southeast Heights neighborhood. This 11,369 square foot home, which was built in 1941, sits on a 0.23 acre lot. Features: 22 bedrooms, 22 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $2,800,000.

Over 94 listings were sold over their listed price in October 2024 in Albuquerque, NM. In the same period over 288 listings were sold below the listed price and 148 listings were sold for the listed price. The number of listings in Albuquerque, NM decreased by 8.2% between September 2024 and October 2024. Listings spent 33 days on the market in October 2024, and had a median list price of $344,019 during the same period.

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

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