Sold

Price Unknown

4313 Sabana Loop SE #S, Rio Rancho, NM 87124

5beds

4baths

4,125sqft

Quadruplex, Multi Family

Built in 2005

-- sqft lot

$702,800 Zestimate^®

$--/sqft

$2,305 Estimated rent

Home value

$702,800

$661,000 - $745,000

$2,305/mo

Zestimate^® history

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$2,305/mo

Rent Zestimate^®

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What's special

4313 Saabana Loop sits at the middle of newer construction fourplexes. These fourplexes offer some of the largest units in Rio Rancho and the unit mix is attractive to investors and owner occupants with 3 x 2 bedroom, 1.75 bathroom, 1,000 sf units and one large, 1125 sf, 3 bedroom 2 bathroom unit. Each apartment include washer/dryer hookup.Located in a growing area of Rio Rancho, close to great amenities and expanding employers, these rentals are well positioned for that owner occupant or investor who wants to take advantage of the coming rent increases from the continued expansion of Amazon, Netflix, Facebook, and Intel.Measures of investment performance at ask price of 699,500 with a current average rent of $1,028 are a GRM of 14.18, a 4.84% cap rate before reserves, 4.71% cap

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

Heating

Central, Forced Air

Cooling

Refrigerated

Appliances

Included: Refrigerator

Features

Flooring: Tile
Has basement: No

Interior area

Total structure area: 4,125
Total interior livable area: 4,125 sqft

Property

Features

Levels: Two
Stories: 2

Lot

Size: 10,018 Square Feet

Details

Has additional parcels: Yes
Parcel number: R094248
Zoning description: R-2

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Frame, Stucco

Condition

Resale
New construction: No
Year built: 2005

Utilities & green energy

Electric: None
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Green energy

Energy generation: None

Community & HOA

Community

Subdivision: Sabana Grande

Location

Region: Rio Rancho

Financial & listing details

Annual tax amount: $4,486
Date on market: 5/25/2024
Cumulative days on market: 5 days
Listing terms: Cash,Conventional,FHA,VA Loan
Tenant pays: Other, See Remarks

Price history

Date	Event	Price
8/2/2024	Sold	--
Source: SWMLS #1063918 Report a problem
5/30/2024	Pending sale	$699,500$170/sqft
Source: SWMLS #1063918 Report a problem
5/25/2024	Listed for sale	$699,500$170/sqft
Source: SWMLS #1063918 Report a problem