#1065089, Sean M Mallory, Listing Office: Mallory Realty & Investments
$5,092
closing credit¹
12715 Dunes Rd SE Albuquerque, NM 87123
Property details
About 12715 Dunes Rd SE
Each unit contains a large two bedroom, one bathroom unit with fireplace and washer/dryer connections. Downstairs units have a private backyard area.The site offers an abundance of off-street and on-street parking and is very visible due to its elevation over the other buildings in the area.A recently vacated unit is available for an owner-occupant and features brand new refrigerator, stove and dishwasher.At the current average rents of $863, and an ask price of $428,763 the measures of investment performance include a price per unit of $107,191, price per square foot of $109.16, a GRM of 10.36, an after reserves cap rate of 5.89%.If rents are raised to the market average of $1,200, the measures of investment performance improve to a before reserves cap rare of 8.74%.
Highlights
(Pending)
Summary
- MLS Number: 1071142
- MLS Name: SWMLS
- Office Name: NM Apartment Advisors, Inc.
- Office Phone: (505) 440-8633
- Office Email: tclarke@nmapartment.com
- Listing Agent: Todd D Clarke
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.
Copyright © 2025 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: 2/10/2025, 6:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![exterior space with a balcony](/homes/listing-images/52360695_S0037/S0037/S0037-R0100/1088120914/1754293484.jpg?version=1727778028&width=640)
$428,763
12715 Dunes Rd SE
$5,092
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $55,561 | $2,374 |
2022 | $53,943 | $2,294 |
2021 | $52,372 | $2,217 |
2020 | $50,847 | $2,181 |
2019 | $49,366 | $2,041 |
2018 | $47,928 | $1,987 |
2017 | $46,728 | $1,987 |
History based on county public records data.
Nearby schools
3
Apache Elementary School
Public District PK-5
0.9 mi
•12800 Copper Ave NE
5
Manzano Mesa Elementary School
Public District PK-5
1.1 mi
•801 Elizabeth St SE
4
Tomasita Elementary School
Public District KG-5
1.5 mi
•701 Tomasita St NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,339. Typical income of Albuquerque, NM residents is less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 12715 Dunes Rd SE in Albuquerque, NM and zip code 87123 in the Southeast Albuquerque neighborhood. This 3,928 square foot home, which was built in 1980, sits on a 0.22 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 1, 2024 and is currently priced at $428,763.
While more than 67 listings in Albuquerque, NM in January 2025 were sold above asking price, there were more than 119 listings sold at asking price, and more than 247 were sold below. The number of listings in Albuquerque, NM decreased by 7.9% between December and January 2025. In January 2025 median list price was $349,079 and the average listing age was 42 days.