For SaleNeutral Deal16 days on market
3594 Red Arroyo Dr
3594 Red Arroyo Dr, Alamogordo, NM 88310, Alamogordo, NM 88310
$390,000
Listing Price
3594 Red Arroyo Dr, Alamogordo, NM 88310
Loc: Alamogordo, NM
Days Listed
16
Tax Assessed
$373k
Lot Size
6,970 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.
8
Buena Vista Elementary School
K-5
3.3 mi away
5
Mountain View Middle School
6-8
4 mi away
7
Alamogordo High School
9-12
3.4 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-stylestucco exteriortile roofattached garagedesert landscapingsuburbansingle-storymountain viewslow maintenance yarddrivewaysouthwestern aestheticcontemporary
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.28%
Total ROI
95.3%
Cash Flow
$16/mo
DSCR
1.01
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $16/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 | Price change | $390,000 | $189 |
| 2026-09-07 | Listed for sale | $393,000 | $190 |
| 2022-05-06 | Contingent | $360,000 | $174 |
| 2022-04-28 | Listed for sale | $360,000 | $174 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,171.72 | $124,289 |
| 2024 | $3,098.48 | $122,030 |
| 2023 | $3,126 | $120,956 |
| 2022 | $2,163.6 | $83,119 |
| 2021 | $2,146.36 | $80,699 |
| 2020 | $2,126 | $80,699 |
| 2019 | $2,097.16 | $79,117 |
| 2018 | $2,040.88 | $78,333 |
| 2017 | $1,915.88 | $78,333 |
| 2016 | $1,901.52 | $78,333 |
| 2015 | $0 | $12,007 |
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