Off MarketRisky Deal3 days on market
1909 Caramesa Dr SE
1909 Caramesa Dr SE, Rio Rancho, NM 87124, Rio Rancho, NM 87124
$500,000
Estimate®:$500,700$700 Under Market
Listing Price
1909 Caramesa Dr SE, Rio Rancho, NM 87124
Loc: Rio Rancho, NM
Days Listed
3
Tax Assessed
$297k
Estimate®
$501k
0% Under Valued
Lot Size
7,405 sqft
Rent Estimate
$3,249/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.
7
Joe Harris Elementary
K-5
1.4 mi away
6
Lincoln Middle School
6-8
2 mi away
7
Rio Rancho High School
9-12
2.9 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
stucco exteriormodern suburbantwo-storyattached garagebalconydrivewaylandscapedsunset lightingdesert architectureresidentialcurb appealasphalt roofwell-maintainedspacious
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.18%
Total ROI
71.4%
Cash Flow
$-437/mo
DSCR
0.83
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-437/mo net cash flow with a 5.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Rio Rancho, 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 |
|---|---|---|---|
| 2020-02-20 | Sold | $0 | – |
| 2020-01-06 | Pending sale | $324,900 | $98 |
| 2019-12-02 | Listed for sale | $324,900 | $98 |
| 2017-03-29 | Sold | $0 | – |
| 2017-02-22 | Pending sale | $300,000 | $90 |
| 2017-01-12 | Listed for sale | $300,000 | $90 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,802.7 | $99,121 |
| 2024 | $3,821.18 | $96,235 |
| 2023 | $3,732.38 | $93,432 |
| 2022 | $3,664.8 | $90,711 |
| 2021 | $3,652.12 | $88,069 |
| 2020 | $3,652.12 | $88,069 |
| 2019 | $3,304.99 | $88,069 |
| 2018 | $3,468.58 | $88,069 |
| 2017 | $3,852.58 | $89,291 |
| 2016 | $3,852.58 | $89,291 |
| 2014 | $3,772.66 | $89,291 |
| 2013 | $3,772.66 | $91,712 |
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