For SaleRisky Deal73 days on market
11609 Lexington Ave NE
11609 Lexington Ave NE, Albuquerque, NM 87112, Albuquerque, NM 87112
$323,900
Estimate®:$323,400
Listing Price
11609 Lexington Ave NE, Albuquerque, NM 87112
Loc: Albuquerque, NM
Days Listed
73
Tax Assessed
$178k
Estimate®
$323k
Market Rate
Lot Size
7,405 sqft
Rent Estimate
$1,999/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.
10
Matheson Park Elementary School
PK-5
0.5 mi away
8
Hoover Middle School
6-8
0.7 mi away
5
Eldorado High School
PK-12
1 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-storycovered porchmid-century modern influencebrick accentshorizontal sidingxeriscapingsecurity screen doorsuburbancozywell-maintainedlow-pitched rooffront patio
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.89%
Total ROI
65.2%
Cash Flow
$-360/mo
DSCR
0.79
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-360/mo net cash flow with a 4.9% 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 |
|---|---|---|---|
| 2026-09-23 | Price change | $323,900 | $249 |
| 2026-09-16 | Price change | $324,900 | $250 |
| 2026-09-04 | Price change | $327,500 | $252 |
| 2026-08-29 | Listed for sale | $330,000 | $254 |
| 2026-08-20 | Pending sale | $330,000 | $254 |
| 2026-08-17 | Price change | $330,000 | $254 |
| 2026-08-13 | Listed for sale | $334,900 | $257 |
| 2026-08-01 | Pending sale | $334,900 | $257 |
| 2026-07-27 | Price change | $334,900 | $257 |
| 2026-07-17 | Listed for sale | $339,900 | $261 |
| 2018-03-06 | Sold | $0 | – |
| 2018-01-11 | Pending sale | $183,000 | $141 |
| 2018-01-04 | Listed for sale | $183,000 | $141 |
| 2014-10-01 | Listing removed | $173,000 | $133 |
| 2014-07-16 | Listed for sale | $173,000 | $133 |
| 2013-08-14 | Listing removed | $164,900 | $127 |
| 2013-07-26 | Price change | $164,900 | $127 |
| 2013-01-31 | Listed for sale | $169,151 | $130 |
| 2012-09-15 | Listing removed | $170,000 | $131 |
| 2012-07-17 | Price change | $170,000 | $131 |
| 2012-06-09 | Listed for sale | $175,000 | $135 |
| 2011-06-03 | Listing removed | $173,000 | $133 |
| 2011-05-25 | Listed for sale | $173,000 | $133 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,509.3 | $59,386 |
| 2024 | $2,432.58 | $57,656 |
| 2023 | $2,392.08 | $55,977 |
| 2022 | $2,311.6 | $54,348 |
| 2021 | $2,233.98 | $52,765 |
| 2020 | $2,197.38 | $51,228 |
| 2019 | $0 | $50,761 |
| 2018 | $1,689.34 | $50,761 |
| 2017 | $1,851.68 | $45,468 |
| 2016 | $1,738.36 | $42,859 |
| 2015 | $41,611 | $41,611 |
| 2014 | $1,630.54 | $40,399 |
| 2013 | $1,630.54 | $39,223 |
| 2012 | $0 | $39,223 |
| 2011 | $0 | $38,081 |
| 2010 | $0 | $36,972 |
| 2009 | $0 | $35,895 |
| 2008 | $0 | $34,850 |
| 2007 | $0 | $33,836 |
| 2006 | $0 | $32,851 |
| 2005 | $0 | $31,894 |
| 2004 | $0 | $30,965 |
| 2003 | $0 | $30,064 |
| 2002 | $0 | $29,764 |
| 2001 | $0 | $28,897 |
| 2000 | $0 | $29,664 |
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