For SaleRisky Deal0 days on market
1409 Adams St NE
1409 Adams St NE, Albuquerque, NM 87110, Albuquerque, NM 87110
$385,000
Estimate®:$377,600
Listing Price
1409 Adams St NE, Albuquerque, NM 87110
Loc: Albuquerque, NM
Days Listed
0
Tax Assessed
$236k
Estimate®
$378k
Market Rate
Lot Size
9,148 sqft
Rent Estimate
$2,008/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
Zia Elementary School
PK-5
1 mi away
6
Jefferson Middle School
6-8
1.3 mi away
3
Albuquerque High School
9-12
2.3 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
Pueblo RevivalAdobe stylestucco exteriorsingle-storyattached garageflagstone patiodesert landscapingwarm lightingcozySouthwestern architectureresidential propertysunset ambianceearth-toned
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.98%
Total ROI
45.4%
Cash Flow
$-721/mo
DSCR
0.64
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-721/mo net cash flow with a 4.0% 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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $385,000 | $310 |
| 2014-06-23 | Listing removed | $225,000 | $181 |
| 2014-04-02 | Listed for sale | $225,000 | $181 |
| 2014-03-29 | Sold | $0 | – |
| 2013-11-19 | Listed for sale | $225,000 | $181 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,235.1 | $78,563 |
| 2024 | $3,133.76 | $76,275 |
| 2023 | $3,079.08 | $74,054 |
| 2022 | $0 | $71,897 |
| 2021 | $0 | $69,804 |
| 2020 | $2,962.24 | $67,770 |
| 2019 | $0 | $65,797 |
| 2018 | $2,493.24 | $65,797 |
| 2017 | $2,721.24 | $63,882 |
| 2016 | $2,561.86 | $60,215 |
| 2015 | $58,461 | $58,461 |
| 2014 | $1,837.36 | $43,269 |
| 2013 | $1,837.36 | $42,009 |
| 2012 | $0 | $40,786 |
| 2011 | $0 | $39,598 |
| 2010 | $0 | $38,448 |
| 2009 | $0 | $50,036 |
| 2008 | $0 | $48,579 |
| 2007 | $0 | $47,164 |
| 2006 | $0 | $45,790 |
| 2005 | $0 | $44,457 |
| 2004 | $0 | $43,162 |
| 2003 | $0 | $31,263 |
| 2002 | $0 | $30,363 |
| 2001 | $0 | $29,497 |
| 2000 | $0 | $29,863 |
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