5 months on rocket

401 Vermont St NE, Albuquerque, NM, 87108

$414,999

Home List Price

$4,928*

Closing Credit

1 Bedroom
1 Bath
2,700 SqFt
$154/SqFt
Multi

Location

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401 Vermont St NE, Albuquerque$414,999

Buyer Closing Credits

$4,928*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
HeatingWall Furnace
CoolingEvaporative Cooling, Ceiling Fan(s)
FireplaceOption
MLS #1064875
Lot Size0.16 Acres
StatusActive

About 401 Vermont St NE

Buy N Hold Alert!!! Turn-KEY!!! Property is rented for $1157, $799, and $799 with one recently renewed for $925. Property has a 7-9% cap rate. Rents should be able to be increased. Tenants are seasoned and pay all utilities except water, sewer, and trash. NO HOA. The Property: MAJORITY of the units are Freshly painted with a lot of money put in!! Includes all the appliances. Sewer line recently replaced, with newer roof and hot-water heaters. EACH comes with its OWN BACKYARD, and designated parking. The Area: You won't believe the area as it's right next to the Eubank Center, The Downs Casino, Uptown Plaza, and in fact, it is a short distance to an I-40 entrance/ exit!Showings only permitted with offer.

Property Details

Property Features

Property Information:

  • Living Area: 2,700 SqFt

Listing Office:

  • Office Name: EA Property Management
  • Office Phone: (505) 750-0255
  • Listing Agent: Karl Kessler

Interior Features

Interior Information:

  • Appliances: Disposal, Refrigerator, Range Hood
  • Basement: No
  • Flooring Type: Laminate, Vinyl
  • Interior: Ceiling Fan(s)
  • Fireplace: Option

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Lighting

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Evaporative Cooling, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Alternate address is 8311, 8313, 8315, 8317 Copper Ave NE

Price Information

Listing Price Info

Price Summary:

  • List Price: $414,999
  • Price Per SqFt: $154/SqFt

Tax Information:

  • Annual Amount: $1,528
  • 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

$344K

Med. Price/SqFt

$204

Avg. Days On Market

33

# of Sold Homes

530

401 Vermont St NE vs Albuquerque

160 DAYS ON ROCKET

+127 Days

$414,999

+$70.9K More

$154/SqFt

-$51 Less

KEY TAKEAWAY

This property is $70.9K more than the Median Sold Price and $51/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: #1064875

Listing Office:

  • Office Name: EA Property Management
  • Office Phone: (505) 750-0255
  • Listing Agent: Karl Kessler

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

Listing History

Oct 30, 2007Home Sold
$149,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,528$35,623
2019$1,430$34,586
2018$1,386$33,579
2017$1,386$32,601

History based on county public records data.

Payment Calculator

$2,139

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,311

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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-613757
3
/10

  • La Mesa Elementary School

  • 7500 Copper Ave NE

  • 0.51 miles

  • Public District Grades PK-5

school-card-donut-613758
4
/10

  • Hawthorne Elementary School

  • 420 General Somervell St NE

  • 0.68 miles

  • Public District Grades PK-5

school-card-donut-613759
4
/10

  • Sandia Base Elementary School

  • 21001 Wyoming SE Kafb East

  • 1.25 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,588. Typical income of Albuquerque, NM residents is less than $35k annually. Residents typically live in single, no kids family. 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›401 Vermont St NE

This home is located at 401 Vermont St NE in Albuquerque, NM and zip code 87108 in the La Mesa neighborhood. This 2,700 square foot home sits on a 0.16 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 11, 2024 and is currently priced at $414,999.

While more than 94 listings in Albuquerque, NM in October 2024 were sold above asking price, there were more than 148 listings sold at asking price, and more than 288 were sold below. Between September 2024 and October 2024, Albuquerque, NM real estate market has seen decrease in the number of listings by 8.2%. In October 2024 median list price was $344,019 and the average listing age was 33 days.

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

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