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$381,000

NAL Estimated Property Value

406 Ralph St, Chaparral, NM, 88081

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,173 Sq Ft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesConvection Oven, Dishwasher, Free-Standing Gas Oven, Gas Water Heater
FlooringTile

Exterior

Lot Size1.31 acres

Building Information

Year Built2017
Stories1
Roof Type172

Land Information

APN16N4031154478499
Lot Number16
SubdivisionMerrill Estates
Land UseResidential
Legal DescriptionSUBD: MERRILL ESTATES LOT 16 BLOCK: B
Census Tract000903
Assessed Land Value$10,000
Assessed Improvement Value$47,233
Assessment Year2025

About this property

Welcome to enjoy this beautiful home located in a peaceful and cozy area with 1.33 acres ready to enjoy. This well-built property is tucked away from the noise, 43 friut trees including pomegrante, quince, pear, pecan, plum and peach varieties, offering a serene and self-sustaining lifestyle, ready to become your new home. Featuring 3 spacious bedrooms and 2 bathrooms, 12-foot high ceilings and luxurious finishes, elegant 8-inch wooden doors, your time here will be nothing short of pleasant. The spacious kitchen and ample outdoor space offer endless possibilities to customize your backyard. RV parking and access, metal gate for added security. The property is also equipped with security camaras for peace of mind.This property offers both luxury and functionality.Don't miss this unique opportunity to own this stunning property. By appointment ONLY call us to get an appointment Today!!

Investor Tools

Property Icon
$381,000
Estimated Property Value
$220,515Estimated Mortgage Balance
$160,485Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$286/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,526
$57,233
2025
$10,000
$47,233
$171,700
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,526
$57,233

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gecu Fcu
Conventional
$228,000
No
First
Jul 29, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,515
$160,485
42%
58%
$1,367/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$893/mo
$1,367/mo
$-474/mo
2.8%

City: Chaparral

406 Ralph St | Property Details | No Agent List