For SaleNeutral Deal2 days on market
602 Ridgecrest Dr
602 Ridgecrest Dr, Alamogordo, NM 88310, Alamogordo, NM 88310
$169,800
Listing Price
602 Ridgecrest Dr, Alamogordo, NM 88310
Loc: Alamogordo, NM
Days Listed
2
Tax Assessed
$86k
Lot Size
6,316 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Sunset Hills Elementary
K-5
0.3 mi away
7
Chaparral Middle School
6-8
0.8 mi away
7
Alamogordo High School
9-12
1.1 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-storyattached garagevinyl sidingwood shuttersmature treelarge front yardsuburbanlow-pitched roofminimalist architecturemid-century influenceconcrete drivewayresidential
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.28%
Total ROI
95.4%
Cash Flow
$8/mo
DSCR
1.01
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $8/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • 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 | $169,800 | $125 |
| 2026-09-21 | Listing removed | $189,900 | $140 |
| 2026-07-23 | Listed for sale | $189,900 | $140 |
| 2026-07-23 | Listing removed | $189,900 | $140 |
| 2026-06-23 | Listed for sale | $189,900 | $140 |
| 2026-06-23 | Listing removed | $189,900 | $140 |
| 2026-06-19 | Price change | $189,900 | $140 |
| 2026-06-03 | Listed for sale | $220,000 | $162 |
| 2024-02-08 | Listing removed | $109,500 | $80 |
| 2023-12-12 | Contingent | $99,000 | $73 |
| 2023-12-05 | Listed for sale | $99,000 | $73 |
| 2023-11-13 | Contingent | $99,000 | $73 |
| 2023-11-10 | Listed for sale | $99,000 | $73 |
| 2023-09-15 | Listing removed | $94,500 | $69 |
| 2023-08-11 | Listed for sale | $94,500 | $69 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $727.6 | $28,512 |
| 2024 | $702.88 | $27,682 |
| 2023 | $694.6 | $26,876 |
| 2022 | $679.2 | $26,093 |
| 2021 | $677.84 | $25,485 |
| 2020 | $671.4 | $25,485 |
| 2019 | $662.24 | $24,984 |
| 2018 | $644.48 | $24,737 |
| 2017 | $593.16 | $24,252 |
| 2016 | $577.2 | $23,777 |
| 2015 | $0 | $23,311 |
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