For SaleNeutral Deal5 days on market
7704 Morris Rippel Pl NE
7704 Morris Rippel Pl NE, Albuquerque, NM 87122, Albuquerque, NM 87122
$635,000
Listing Price
7704 Morris Rippel Pl NE, Albuquerque, NM 87122
Loc: Albuquerque, NM
Days Listed
5
Tax Assessed
$339k
Lot Size
8,712 sqft
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.
9
North Star Elementary School
K-5
0.9 mi away
8
Desert Ridge Middle School
6-8
0.7 mi away
7
La Cueva High School
9-12
0.2 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 exteriortile rooftwo-storysuburbanattached garageMediterranean influencemanicured lawnneutral color paletteresidentialdrivewaylarge windowswell-maintainedcurb appeal
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.62%
Total ROI
102.6%
Cash Flow
$206/mo
DSCR
1.06
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $206/mo net cash flow with a 6.6% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.6%)
- • Strong rental demand in Albuquerque
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 | Listed for sale | $635,000 | $271 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,691.42 | $113,029 |
| 2024 | $4,545.54 | $109,737 |
| 2023 | $4,467.38 | $106,541 |
| 2022 | $2,157.24 | $103,438 |
| 2021 | $4,167.18 | $100,426 |
| 2020 | $4,096.42 | $97,501 |
| 2019 | $0 | $94,661 |
| 2018 | $3,501.64 | $94,661 |
| 2017 | $3,829.74 | $91,904 |
| 2016 | $3,600.56 | $86,629 |
| 2015 | $84,106 | $84,106 |
| 2014 | $3,382.48 | $81,657 |
| 2013 | $3,382.48 | $79,279 |
| 2012 | $0 | $76,970 |
| 2011 | $0 | $74,729 |
| 2010 | $0 | $72,553 |
| 2009 | $0 | $70,440 |
| 2008 | $0 | $68,389 |
| 2007 | $0 | $66,397 |
| 2006 | $0 | $64,463 |
| 2005 | $0 | $62,586 |
| 2004 | $0 | $60,764 |
| 2003 | $0 | $58,994 |
| 2002 | $0 | $58,994 |
| 2001 | $0 | $58,328 |
| 2000 | $0 | $58,694 |
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