Off MarketRisky Deal-1 days on market
1204 Cannonade Ct SE
1204 Cannonade Ct SE, Albuquerque, NM 87123, Albuquerque, NM 87123
$590,000
Estimate®:$559,200
Listing Price
1204 Cannonade Ct SE, Albuquerque, NM 87123
Loc: Albuquerque, NM
Days Listed
-1
Tax Assessed
$410k
Estimate®
$559k
Market Rate
Lot Size
8,276 sqft
Rent Estimate
$3,132/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.
4
Apache Elementary School
PK-5
2.3 mi away
5
Manzano High School
PK-12
2.7 mi away
6
Grant Middle School
6-8
3.7 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-stylebrick exteriorattached garagesunset lightinglandscaped front yardresidential propertymodern traditionaldrivewaycurb appealcozy ambiancedecorative exterior lightingsuburbanwell-maintained
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.90%
Total ROI
43.7%
Cash Flow
$-1,143/mo
DSCR
0.63
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,143/mo net cash flow with a 3.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Albuquerque, NM
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-08-29 | Listing removed | $575,000 | $256 |
| 2026-07-10 | Listed for sale | $575,000 | $256 |
| 2016-06-16 | Listing removed | $359,900 | $160 |
| 2016-03-25 | Listed for sale | $359,900 | $160 |
| 2016-01-01 | Listing removed | $349,900 | $156 |
| 2015-07-31 | Listed for sale | $349,900 | $156 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,685.4 | $136,553 |
| 2024 | $5,676.92 | $136,553 |
| 2023 | $5,749.86 | $136,553 |
| 2022 | $5,677.58 | $133,487 |
| 2021 | $0 | $116,309 |
| 2020 | $0 | $112,923 |
| 2019 | $0 | $112,923 |
| 2018 | $4,043.82 | $112,923 |
| 2017 | $4,043.82 | $112,923 |
| 2016 | $4,155.08 | $97,663 |
| 2015 | $94,819 | $94,819 |
| 2014 | $3,909.04 | $92,058 |
| 2013 | $3,909.04 | $91,766 |
| 2012 | $0 | $91,766 |
| 2011 | $0 | $91,766 |
| 2010 | $0 | $91,766 |
| 2009 | $0 | $117,618 |
| 2008 | $0 | $117,618 |
| 2007 | $0 | $117,618 |
| 2006 | $0 | $83,858 |
| 2005 | $0 | $79,158 |
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