For SaleRisky Deal123 days on market
3574 Red Arroyo Dr
3574 Red Arroyo Dr, Alamogordo, NM 88310, Alamogordo, NM 88310
$394,500
Estimate®:$393,900
Listing Price
3574 Red Arroyo Dr, Alamogordo, NM 88310
Loc: Alamogordo, NM
Days Listed
123
Tax Assessed
$407k
Estimate®
$394k
Market Rate
Lot Size
6,490 sqft
Rent Estimate
$2,277/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.
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
stucco exteriorsouthwestern styleranchdesert landscapingattached garagetile roofsingle-storygated communityspacious drivewaycurb appealaridmodern desertneutral tones
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.16%
Total ROI
49.2%
Cash Flow
$-680/mo
DSCR
0.67
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-680/mo net cash flow with a 4.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Alamogordo, 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 | Price change | $394,500 | $182 |
| 2026-07-27 | Price change | $395,000 | $182 |
| 2026-06-18 | Price change | $399,900 | $185 |
| 2026-05-23 | Listed for sale | $405,000 | $187 |
| 2025-05-14 | Listing removed | $400,000 | $185 |
| 2025-04-28 | Price change | $400,000 | $185 |
| 2025-04-12 | Price change | $402,500 | $186 |
| 2025-02-26 | Price change | $405,000 | $187 |
| 2024-12-06 | Listed for sale | $410,000 | $189 |
| 2022-05-02 | Sold | $0 | – |
| 2022-03-10 | Contingent | $370,000 | $171 |
| 2022-03-07 | Listed for sale | $370,000 | $171 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,458.24 | $135,517 |
| 2024 | $3,340.68 | $131,570 |
| 2023 | $3,301.28 | $127,739 |
| 2022 | $2,669.96 | $102,573 |
| 2021 | $2,648.68 | $99,586 |
| 2020 | $2,623.6 | $99,586 |
| 2019 | $2,588 | $97,634 |
| 2018 | $313.24 | $9,282 |
| 2017 | $153.32 | $4,734 |
| 2016 | $149.28 | $4,641 |
| 2015 | $0 | $11,155 |
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