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Image 1 - 2629 Garfield Avenue Southeast, Albuquerque, NM 87106, USA - House for sale

Image 2 - 2629 Garfield Avenue Southeast, Albuquerque, NM 87106, USA - House for sale

Image 3 - 2629 Garfield Avenue Southeast, Albuquerque, NM 87106, USA - House for sale

Image 4 - 2629 Garfield Avenue Southeast, Albuquerque, NM 87106, USA - House for sale

Image 5 - 2629 Garfield Avenue Southeast, Albuquerque, NM 87106, USA - House for sale

Image 6 - 2629 Garfield Avenue Southeast, Albuquerque, NM 87106, USA - House for sale

Image 7 - 2629 Garfield Avenue Southeast, Albuquerque, NM 87106, USA - House for sale

Image 8 - 2629 Garfield Avenue Southeast, Albuquerque, NM 87106, USA - House for sale

Home For Sale In Albuquerque, New Mexico

2629 Garfield Avenue Southeast, Albuquerque, NM 87106, USA

Home For Sale In Albuquerque, New Mexico

house for sale

Listed: 05/11/24

2629 Garfield Avenue Southeast, Albuquerque, NM 87106, USA

3 Bed:

4 Bath:

2,056 Sq Ft Living Area:

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Price

$ 508,245

Price: Average

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About This House

423 Princeton SE is located just 4 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 69 Walk Score, 79 Bike Score and a Transit score of 44, and is in the epi-center of theUNM/CNMcampuses and close to the University area Smith's Grocery store.The property will have a unit ready for an owner occupant in the last half of May 2024.Measures of investment performance at ask price of$508, 245and current average rent of $975 are a GRM of10.86,a 6.13% cap rate, $127, 061per unit, $247.20/sf. Ten recent closed or pending sales indicate a value closet to$510, 269.The owner is including the ocean container unit, used for storage, located on the west side parking lot of the property, as part of the sale

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Nob Hill Housing & Living

Average sale prices for houses

3 bed

Show as List Show as Graph

Month	Median Price
May 2024	$509,618 (0%)
Apr 2024	$509,618 (-8.2%)
Mar 2024	$555,337 (0%)
Feb 2024	$555,337 (0%)
Jan 2024	$555,337 (-2.8%)
Dec 2023	$571,418 (0%)

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.

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