For SaleRisky Deal3 days on market
1518 Scenic Dr
1518 Scenic Dr, Alamogordo, NM 88310, Alamogordo, NM 88310
$230,000
Estimate®:$227,300
Listing Price
1518 Scenic Dr, Alamogordo, NM 88310
Loc: Alamogordo, NM
Days Listed
3
Tax Assessed
$179k
Estimate®
$227k
Market Rate
Lot Size
10,411 sqft
Rent Estimate
$1,788/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Buena Vista Elementary School
K-5
0.3 mi away
7
Chaparral Middle School
6-8
0.8 mi away
7
Alamogordo High School
9-12
1.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle storybrick exteriorattached garagedesert landscapinggravel yardmountain viewsresidentialsuburbanlow profilegabled roofdriveway
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.04%
Total ROI
90.1%
Cash Flow
$-36/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-36/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Alamogordo
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $230,000 | $148 |
| 2026-09-21 | Listing removed | $230,000 | $148 |
| 2026-09-14 | Listed for sale | $230,000 | $148 |
| 2026-06-21 | Contingent | $230,000 | $148 |
| 2026-05-06 | Listed for sale | $230,000 | $148 |
| 2022-12-05 | Sold | $0 | – |
| 2022-10-29 | Contingent | $169,999 | $110 |
| 2022-08-11 | Price change | $169,999 | $110 |
| 2022-06-23 | Listed for sale | $174,900 | $113 |
| 2022-06-08 | Contingent | $174,900 | $113 |
| 2022-05-27 | Listed for sale | $174,900 | $113 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,525.12 | $59,764 |
| 2024 | $1,473.28 | $58,023 |
| 2023 | $1,455.88 | $56,334 |
| 2022 | $1,659.68 | $63,760 |
| 2021 | $1,665.32 | $61,903 |
| 2020 | $1,649.96 | $61,903 |
| 2019 | $1,627.28 | $60,688 |
| 2018 | $1,585.16 | $60,092 |
| 2017 | $1,460.68 | $58,915 |
| 2016 | $1,421.36 | $57,759 |
| 2015 | $0 | $56,626 |
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