For SaleNeutral Deal23 days on market
5008 Redlands Rd NW
5008 Redlands Rd NW, Albuquerque, NM 87120, Albuquerque, NM 87120
$250,000
Listing Price
5008 Redlands Rd NW, Albuquerque, NM 87120
Loc: Albuquerque, NM
Days Listed
23
Tax Assessed
$116k
Lot Size
9,148 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.
4
Susie R. Marmon Elementary School
PK-5
1.4 mi away
3
John Adams Middle School
6-8
1.3 mi away
4
West Mesa High School
9-12
1.7 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-style housesingle-storystucco exteriorbrick accentscarportconcrete drivewaymature treeflat roofsuburbanresidentiallow-profiledesert landscapingminimalistspacious front yard
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.54%
Total ROI
101.0%
Cash Flow
$65/mo
DSCR
1.05
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $65/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.5%)
- • 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 |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $250,000 | $186 |
| 2026-09-09 | Pending sale | $250,000 | $186 |
| 2026-09-02 | Listed for sale | $250,000 | $186 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,635.9 | $38,715 |
| 2024 | $1,585.82 | $37,587 |
| 2023 | $1,559.48 | $36,493 |
| 2022 | $1,506.98 | $35,431 |
| 2021 | $1,456.38 | $34,399 |
| 2020 | $1,432.54 | $33,397 |
| 2019 | $0 | $33,863 |
| 2018 | $1,383.04 | $33,863 |
| 2017 | $1,442.5 | $33,863 |
| 2016 | $1,421.12 | $33,402 |
| 2015 | $32,429 | $32,429 |
| 2014 | $1,336.94 | $31,485 |
| 2013 | $1,336.94 | $30,568 |
| 2012 | $0 | $29,679 |
| 2011 | $0 | $28,815 |
| 2010 | $0 | $27,976 |
| 2009 | $0 | $27,161 |
| 2008 | $0 | $26,370 |
| 2007 | $0 | $25,603 |
| 2006 | $0 | $24,858 |
| 2005 | $0 | $24,134 |
| 2004 | $0 | $23,431 |
| 2003 | $0 | $23,431 |
| 2002 | $0 | $23,431 |
| 2001 | $0 | $23,431 |
| 2000 | $0 | $23,665 |
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