For SaleRisky Deal4 days on market
4608 Downey St NE
4608 Downey St NE, Albuquerque, NM 87109, Albuquerque, NM 87109
$355,000
Estimate®:$349,500
Listing Price
4608 Downey St NE, Albuquerque, NM 87109
Loc: Albuquerque, NM
Days Listed
4
Tax Assessed
$225k
Estimate®
$350k
Market Rate
Lot Size
8,276 sqft
Rent Estimate
$2,421/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.
6
Gov Bent Elementary School
PK-5
0.7 mi away
5
Cleveland Middle School
6-8
0.8 mi away
2
Del Norte High School
9-12
0.7 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 facadetwo car garageshingle roofresidentialmature treefront yardsuburbantraditionallow profileneutral color palette
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.44%
Total ROI
77.2%
Cash Flow
$-232/mo
DSCR
0.87
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-232/mo net cash flow with a 5.4% 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 |
|---|---|---|---|
| 2026-09-20 | Listed for sale | $355,000 | $194 |
| 2026-08-01 | Listing removed | $359,999 | $197 |
| 2026-07-31 | Listed for sale | $359,999 | $197 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,657.38 | $74,891 |
| 2024 | $2,814.56 | $72,710 |
| 2023 | $2,760.16 | $70,591 |
| 2022 | $1,329.95 | $68,537 |
| 2021 | $1,281.56 | $66,540 |
| 2020 | $2,513.66 | $64,602 |
| 2019 | $0 | $62,721 |
| 2018 | $2,120.84 | $62,721 |
| 2017 | $2,338.42 | $60,895 |
| 2016 | $2,186.76 | $57,399 |
| 2015 | $55,728 | $55,728 |
| 2014 | $2,089.36 | $55,204 |
| 2013 | $2,089.36 | $53,596 |
| 2012 | $0 | $52,036 |
| 2011 | $0 | $50,521 |
| 2010 | $0 | $49,049 |
| 2009 | $0 | $47,621 |
| 2008 | $0 | $46,235 |
| 2007 | $0 | $44,888 |
| 2006 | $0 | $43,581 |
| 2005 | $0 | $42,311 |
| 2004 | $0 | $41,079 |
| 2003 | $0 | $40,509 |
| 2002 | $0 | $39,329 |
| 2001 | $0 | $38,196 |
| 2000 | $0 | $38,329 |
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