Listing Courtesy of: Todd Clarke - NM Apartment Advisors, Inc.
505-440-8633
$442,446
Calculate Payment
Calculate Payment
311 Princeton Drive Albuquerque, NM 87106
Triplex
Residence
2
Beds
1
Baths
...
Bed/Bath
2,709
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
311 Princeton SE is located just 3 blocks to UNMs main campus with quick and immediate access to an ART Stop and all that downtown and Nob Hill have to offer. With a 77 Walk Score, 85 Bike Score and a Transit score of 43, and is in the epi-center of the UNM/CNM campuses and is just steps from the Sm...iths Grocery store.Measures of investment performance at ask price of $442,446 and current average rent of $1,150 are a GRM of 10.69, a 6.37% cap rate, $147,482 per unit, $163.32/sf. Ten recent closed or pending sales indicate a value closer to $469,033.Sellers are willing to offer up to $21,982 in credits to a buyer who secures an FHA owner occupant loan. According to lender, Kevin Caudill, at Bank of Albuquerque, this would drive the interest rate down to 5.00% for 30 years ,
Continue reading
MLS#
1061818
Property Type
Triplex
Bedrooms
2
Bathrooms
Year Built
1940
Square Feet
2,709
sq. ft
Lot Size
0.16
Sewer
Sewer Connected
Receive an email as soon as the price changes
Receive an email
as soon as the price changes
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Kickstart your home search journey with our online Pre-Approval.
Nearby Homes For Sale
Just Listed
And
Homes Available
In
See How Much You Could Save
Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.