$963,138
2 Beds | 1 Baths | 7,720 sqft
1100 Palomas Dr SE
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$963,138
ACTIVE
1100 Palomas Dr SE, Albuquerque, NM 87108
2 Beds
1 Baths
7,720 SqFt
About This Home

Employment in this area is on a uphill trajectory due to the recent expansion of Netflix, Intel, Amazon and Northrop Grumman which recently moved into its new office building a few blocks away.Measures of investment performance at ask price of $963,138 and current average rent of $917 are a GRM of 8.75, a 5.98% cap rate, $96,314 per unit, $128.42/sf. Rents have in...

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Snapshot
  • Price:
  • $963,138
  • Bedrooms:
  • 2
  • Square Footage:
  • 7,720
  • Acreage:
  • 0.56
  • Year Built:
  • 1955
  • Listing ID #:
  • 1033316
  • Street Address:
  • 1100 Palomas Dr SE
  • City:
  • Albuquerque
  • State:
  • NM
  • Postal Code:
  • 87108
  • County:
  • Bernalillo
  • Community:
  • 71 - Southeast Heights
  • Subdivision:
  • Lots 1, 2 & 3 Block 12, Virginia Addition
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
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Listing Provided By: Todd D Clarke with NM Apartment Advisors
Average Mortgage Rates in U.S.*
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Last updated: 02/13/2025
*OPTIMAL BLUE MORTGAGE MARKET INDICES - Calculated from actual locked rates with consumers across more than one-third of all mortgage transactions closed nationwide, OBMMI provides multiple mortgage pricing indices developed around the most popular mortgage products and specific borrower attributes and provides configurable trending of rates over time.
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