1 month on rocket

3417 Eastern Ave SE, Albuquerque, NM, 87108

$425,000

Home List Price

$5,047*

Closing Credit

2 Bedrooms
1 Bath
2,700 SqFt
$157/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

3417 Eastern Ave SE, Albuquerque$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
Year Built1960
HeatingWall Furnace
CoolingEvaporative Cooling
MLS #1072247
Lot Size0.16 Acres
StatusActive

About 3417 Eastern Ave SE

Updated four plex featuring all two bedroom, one bath units. Seller has installed new CMU court yard walls on the front of each unit. TPO Roof, evaporative coolers in good condition. Current numbers with a 5% vacancy allowance, and a 5% maintenance allowance results in a CAP rate of 6.65 and GRM or 10.5 with one vacancy. If rents were raised to $1222.00 a CAP of 11.43 and GRM of 6.99 would be achieved. Seller will sell single buildings or any combination thereof including all four buildings. See 3413, 3409 & 3421 Eastern listings.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Living Area: 2,700 SqFt

Listing Office:

  • Office Name: ABQ Properties LLC
  • Office Phone: (505) 717-3002
  • Listing Agent: Frederick Reed

Interior Features

Interior Information:

  • Appliances: Gas Range, Refrigerator, Range Hood
  • Basement: No
  • Flooring Type: Laminate, Tile

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Patio

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Evaporative Cooling

Other

Directions Information:

  • Directions: From Carlisle & Gibson, south to Eastern , then west to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $157/SqFt

Tax Information:

  • Annual Amount: $2,404
  • 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

$344.7K

Med. Price/SqFt

$205

Avg. Days On Market

34

# of Sold Homes

438

3417 Eastern Ave SE vs Albuquerque

33 DAYS ON ROCKET

-1 Day

$425,000

+$80.2K More

$157/SqFt

-$48 Less

KEY TAKEAWAY

This property is $80.2K more than the Median Sold Price and $48/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: #1072247

Listing Office:

  • Office Name: ABQ Properties LLC
  • Office Phone: (505) 717-3002
  • Listing Agent: Frederick Reed

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: 12/22/2024, 7:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 11, 2003Home Sold
$151,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,404$56,045
2019$2,250$54,413
2018$2,207$52,828
2017$2,207$51,907

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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.

Nearby Schools

school-card-donut-909605
3
/10

  • Kirtland Elementary School

  • 3530 Gibson Blvd SE

  • 0.26 miles

  • Public District Grades PK-5

school-card-donut-909606
6
/10

  • Bandelier Elementary School

  • 3309 Pershing Ave SE

  • 0.71 miles

  • Public District Grades KG-5

school-card-donut-909607
4
/10

  • Whittier Elementary School

  • 1110 Quincy St SE

  • 1.12 miles

  • Public District Grades PK-5

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. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87108›3417 Eastern Ave SE

This home is located at 3417 Eastern Ave SE in Albuquerque, NM and zip code 87108 in the Southeast Albuquerque neighborhood. This 2,700 square foot home, which was built in 1960, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $425,000.

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. In November 2024 in Albuquerque, NM there were 14.7% less homes for sale than in October 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.

More Resources