This property is $316.9K less than the Median Sold Price in Rio Rancho, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1073444
Listing Office:
Office Name: Realty One of New Mexico
Office Phone: (505) 883-9400
Listing Agent: Alec Anthony Riedel
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.
$267
Per Month
Principal & Interest
$200
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)
$0
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
$186
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
8
/10
Sandia Vista Elementary School
6800 Franklin Rd NE
Distance between this listing and this school1.36 miles
Public District Grades KG-5
8
/10
Enchanted Hills Elementary School
5400 Obregon Rd NE
Distance between this listing and this school1.94 miles
Public District Grades KG-5
3
/10
Bernalillo Elementary School
301 Calle Del Carbon
Distance between this listing and this school2.83 miles
Public District Grades 3-5
Nearby Schools
9
/10
Mountain View Middle School
4101 Montreal Loop NE
Distance between this listing and this school2.01 miles
Public District Grades 6-8
8
/10
Sandoval Academy of Bilingual Education
4321 Fulcrum Way NE Ste A
Distance between this listing and this school2.30 miles
Public Charter Grades KG-8
3
/10
Bernalillo Middle School
485 Camino Don Tomas
Distance between this listing and this school2.96 miles
Public District Grades 6-8
Nearby Schools
7
/10
Cleveland High School
4800 Cleveland Heights Rd NE
Distance between this listing and this school2.37 miles
Public District Grades 9-12
2
/10
Independence High School
421 Quantum Rd NE
Distance between this listing and this school2.98 miles
Public District Grades 9-12
4
/10
Bernalillo High School
250 Isidro Sanchez Rd
Distance between this listing and this school3.74 miles
The neighbors living near this home have an average income of $85,129. Typical income of Rio Rancho, NM residents is between $35k-100k annually. Most families are married, 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
Frequently Asked Questions About 6517 Milpa Alta Rd
What is the listing price of this property?
The listing price of 6517 Milpa Alta Rd property is $40,000.
What type of property is this?
The property 6517 Milpa Alta Rd is land located in Rio Rancho, New Mexico, 87144.
Is this property for sale now?
Active Listing: 6517 Milpa Alta Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 6517 Milpa Alta Rd in Rio Rancho, NM and zip code 87144 in the Tampico neighborhood. This home sits on a 0.50 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $40,000.
Over 19 listings were sold over their listed price in November 2024 in Rio Rancho, NM. In the same period over 58 listings were sold below the listed price and 50 listings were sold for the listed price. Between October 2024 and November 2024, Rio Rancho, NM real estate market has seen decrease in the number of listings by 16.4%. In November 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $356,947.
From Rocket Homes Real Estate and based on county public records data.
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. 
Soccer
Soccer
NASCAR
College Football
Old Navy
Dick's Sporting Goods
Best Buy
Jimmy Johns
Arbys
Texas Roadhouse
GMC
Ram
Kia
New Country
Adult Hits
Contemporary Christian