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Image 1 - 311 Princeton Dr Se, Albuquerque, New Mexico, 87106 - House for sale
Image 2 - 311 Princeton Dr Se, Albuquerque, New Mexico, 87106 - House for sale
Image 3 - 311 Princeton Dr Se, Albuquerque, New Mexico, 87106 - House for sale
Image 4 - 311 Princeton Dr Se, Albuquerque, New Mexico, 87106 - House for sale
Image 5 - 311 Princeton Dr Se, Albuquerque, New Mexico, 87106 - House for sale
Image 6 - 311 Princeton Dr Se, Albuquerque, New Mexico, 87106 - House for sale
Image 7 - 311 Princeton Dr Se, Albuquerque, New Mexico, 87106 - House for sale
Image 8 - 311 Princeton Dr Se, Albuquerque, New Mexico, 87106 - House for sale
Image 9 - 311 Princeton Dr Se, Albuquerque, New Mexico, 87106 - House for sale
Home For Sale In Albuquerque, New Mexico
311 Princeton Dr Se, Albuquerque, New Mexico, 87106

Home For Sale In Albuquerque, New Mexico

house for sale
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Listed: 05/05/24

311 Princeton Dr Se, Albuquerque, New Mexico, 87106

6 Bed:
3 Bath:
2,709 Sq Ft Living Area:
Save
Price
$ 459,974

About This House

311 Princeton SE is located just 3 blocks to UNMs main campus with quick and immediate access to an ART Stop and all that downtown and Nob Hill have to offer. With a 77 Walk Score, 85 Bike Score and a Transit score of 43, and is in the epi-center of theUNM/CNMcampuses and is just steps from the Smiths Grocery store.The owner has positioned this sale to make it easy for an owner occupant to view the main house.Measures of investment performance at ask price of$459, 974and current average rent of$1, 133are a GRM of11.27,a 5.87% cap rate, $153, 325per unit, $169.79/sf. Ten recent closed or pending sales indicate a value closet to$465, 092.

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Nob Hill Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In May 2024, the asking price for 3 bed houses for sale in/near Nob Hill, Albuquerque, United States averaged $509,618, staying on the same level compared to the previous month.
Median price trends for properties for sale in Nob Hill, Albuquerque, United States as of May 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.