updated LR level1, 2 bedroom upstairs, 1 bath, kitchen, tile flooring, wood floors, 2 car garageuse showing time to schedule or all listing agent for information
$10k Flex Cash offered! Rare opportunity to own a 3 bed 2 bath ranch style home on 1.45 AC in the Rodeo Road Estates Subd! Enjoy the serenity of the front courtyard with a covered patio and grass lawn. Stewarded irrigation is incorporated with the xeriscape landscaping. This home's entrance is a bright foyer with vaulted ceilings open to the large dining area. The open custom kitchen is ideal for cooking and entertaining guests. Beyond the contemporary barn door entrance is a spacious living area featuring wood vigas, a custom fireplace with large wood mantle, numerous windows add lots of natural light, & rustic accented flooring boasts Santa Fe charm. Fully fenced backyard with gate for backyard access, a small pond accent, basketball court, attached 2 car garage, & space for an RV!
Just minutes away is the transformative Midtown District redevelopment, a major mixed-use project expected to bring new housing, employment centers, creative office space, parks, and cultural uses to the heart of Santa Fe. This continued investment enhances the long-term growth story for surrounding neighborhoods and increases the desirability of nearby housing.The property consists of three one-bedroom / one-bath units totaling approximately 1,740 square feet on a 0.11-acre parcel. Metrics of investment performance at the ask price of $496,084 and average rents of $1,270 include a GRM of 10.83, a before-reserves cap rate of 5.89%, a price per sf of $285.11, a price per unit of $165,361 with an after-tax IRR of 12.9%.
NEWLY PRICED! Experience this Santa Fe retreat in this fully furnished 3-bedroom, 3-bath retreat. Soaring ceilings with exposed vigas, Saltillo tile floors, and expansive windows fill the home with warmth and natural light. The inviting living area features a classic kiva fireplace and flows into the dining space and kitchen with stainless steel appliances. Enjoy year-round comfort with in-floor radiant hydronic heat and a newer, never-used mini-split system. Offered turnkey with artwork, decor, and household essentials, this home is ideal as a primary residence, second home, or rental. Additional highlights include a seller provided home warranty, gated entry, mature landscaping, a two-car garage, and a location just minutes from the Plaza, dining, shopping, and downtown Santa Fe.
Daria Derebera
Real Estate Broker in Albuquerque, NM
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