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Image 1 - 12265 Menaul Boulevard Northeast, Enchanted Park, Albuquerque, NM 87112, USA - House for sale
Image 2 - 12265 Menaul Boulevard Northeast, Enchanted Park, Albuquerque, NM 87112, USA - House for sale
Image 3 - 12265 Menaul Boulevard Northeast, Enchanted Park, Albuquerque, NM 87112, USA - House for sale
Image 4 - 12265 Menaul Boulevard Northeast, Enchanted Park, Albuquerque, NM 87112, USA - House for sale
Image 5 - 12265 Menaul Boulevard Northeast, Enchanted Park, Albuquerque, NM 87112, USA - House for sale
Image 6 - 12265 Menaul Boulevard Northeast, Enchanted Park, Albuquerque, NM 87112, USA - House for sale
Image 7 - 12265 Menaul Boulevard Northeast, Enchanted Park, Albuquerque, NM 87112, USA - House for sale
Image 8 - 12265 Menaul Boulevard Northeast, Enchanted Park, Albuquerque, NM 87112, USA - House for sale
Image 9 - 12265 Menaul Boulevard Northeast, Enchanted Park, Albuquerque, NM 87112, USA - House for sale
Home For Sale In Albuquerque, New Mexico
12265 Menaul Boulevard Northeast, Enchanted Park, Albuquerque, NM 87112, USA

Home For Sale In Albuquerque, New Mexico

house for sale
Listed: 03/05/24

12265 Menaul Boulevard Northeast, Enchanted Park, Albuquerque, NM 87112, USA

7 Bed:
4 Bath:
3,107 Sq Ft Living Area:
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Price
$ 579,429

About This House

Located just a few blocks west of the Sandia mountain foothills at 12229 Menaul NE, the unit mix includes:- Unit A is a1, 274square foot, 3 bedroom / 2 bathroom with a 2 car garage.- Unit B is a1, 100square foot, 2 bedroom, 1bathroom home.- Unit C is a 829 square foot, 2 bedroom, 1 bathroom home.Each residence has its own private area and/or backyard.Besides the spacious units, the main amenity for this property is the quiet and serene NE Heights neighborhood close to foothills trails and shopping.Measures of investment performance at ask price of$579, 429and average rents, as of2/1/2024,of$1, 325are a GRM of12.15,a 5.25% cap rate, $193, 143per unit, $186/sf and an after tax IRR of 13.2%.

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Albuquerque Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In April 2024, the asking price for 3 bed houses for sale in/near Albuquerque, United States averaged $374,818, a decrease of 7.2% from the previous month.
Median price trends for properties for sale in Albuquerque, United States as of April 2024.

Household Income

Median household income: $51,099
Number of households: 228,491
The average household income in Albuquerque, NM grew from $50,456 to $51,099 in the past year. This data is an estimate based upon 228,491 households in Albuquerque, NM.
The chart below presents how household income is distributed in Albuquerque, NM in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Albuquerque, NM compared to median property taxes around the country. The prevalent amount of property taxes in Albuquerque, NM equals $2k-$3k , which is less than the national average.