For SaleRisky Deal47 days on market
748 Saratoga Dr NE
748 Saratoga Dr NE, Rio Rancho, NM 87124, Rio Rancho, NM 87124
$329,900
Listing Price
748 Saratoga Dr NE, Rio Rancho, NM 87124
Loc: Rio Rancho, NM
Days Listed
47
Tax Assessed
$162k
Lot Size
10,454 sqft
Rent Estimate
$1,986/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
Ernest Stapleton Elementary School
K-5
2.2 mi away
7
Rio Rancho Middle School
6-8
1.5 mi away
7
Rio Rancho High School
9-12
1.9 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
ranch stylesingle-storybrick facadeattached garagecovered entrywaylow-pitched roofdesert landscapinggravel yardsuburbanconcrete drivewayexterior lightingminimalistestablished neighborhood
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.81%
Total ROI
63.3%
Cash Flow
$-390/mo
DSCR
0.77
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-390/mo net cash flow with a 4.8% 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 |
|---|---|---|---|
| 2026-09-15 | Price change | $329,900 | $229 |
| 2026-08-08 | Listed for sale | $339,900 | $236 |
| 2026-01-07 | Sold | $0 | – |
| 2024-02-06 | Listing removed | $0 | – |
| 2024-02-02 | Listed for sale | $255,000 | $177 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,883.04 | $53,961 |
| 2024 | $1,888.12 | $52,390 |
| 2023 | $1,839.6 | $50,864 |
| 2022 | $1,804.96 | $49,382 |
| 2021 | $1,791.34 | $47,944 |
| 2020 | $1,739.18 | $46,548 |
| 2019 | $1,700.04 | $45,192 |
| 2018 | $1,552.34 | $43,876 |
| 2017 | $1,626.6 | $42,599 |
| 2016 | $1,626.6 | $41,567 |
| 2014 | $1,547.08 | $40,357 |
| 2013 | $1,547.08 | $52,073 |
| 2011 | $0 | $156,217 |
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