For SaleNeutral Deal110 days on market
861 11th Ave SE
861 11th Ave SE, Rio Rancho, NM 87124, Rio Rancho, NM 87124
$696,000
Listing Price
861 11th Ave SE, Rio Rancho, NM 87124
Loc: Rio Rancho, NM
Days Listed
110
Lot Size
0.50 acres
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.
5
Puesta Del Sol Elementary School
K-5
0.5 mi away
7
Eagle Ridge Middle School
6-8
3.2 mi away
7
Rio Rancho 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
modern ranchstucco exteriordesert landscapingthree-car garagespacious drivewaycontemporary architectural styleneutral color paletteevening lightinggated community aestheticsuburban residentialsingle-story houseclean lines
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.24%
Total ROI
94.5%
Cash Flow
$9/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $9/mo net cash flow with a 6.2% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Rio Rancho
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 |
|---|---|---|---|
| 2026-09-18 | Price change | $696,000 | $250 |
| 2026-08-31 | Price change | $698,500 | $251 |
| 2026-08-10 | Price change | $699,000 | $251 |
| 2026-07-15 | Price change | $725,000 | $260 |
| 2026-06-06 | Listed for sale | $750,000 | $269 |
| 2024-06-06 | Sold | $0 | – |
| 2024-05-30 | Pending sale | $55,000 | $20 |
| 2024-04-07 | Listed for sale | $55,000 | $20 |
| 2021-01-06 | Listing removed | $0 | – |
| 2020-12-18 | Pending sale | $38,000 | $14 |
| 2020-01-28 | Listed for sale | $38,000 | $14 |
| 2019-10-09 | Listing removed | $35,000 | $13 |
| 2019-02-08 | Price change | $35,000 | $13 |
| 2018-10-08 | Listed for sale | $40,000 | $14 |
| 2018-07-06 | Listing removed | $40,000 | $14 |
| 2017-07-05 | Listed for sale | $40,000 | $14 |
| 2016-01-08 | Listing removed | $40,000 | $14 |
| 2015-03-11 | Price change | $40,000 | $14 |
| 2015-01-08 | Listed for sale | $50,000 | $18 |
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