Potential Profit$110,712
This property is available as a fixer upper at S 1st St. This property features 2 bedrooms and 1 bathrooms, perfect for investment and/or your personal residence. With 1,025 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Raton, specifically for S 1st St and comparable listings. Based on this expert analysis, the estimated market value is $107,268. This has potential equity of $110,712. If purchased for rental purposes, the monthly rental rate could range between $610 and $830, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $110,712. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on S 1st St are updated daily along with others in Raton, New Mexico, ensuring you have the most current and accurate information.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.
There are 4 schools in the area. Nearby schools include Raton High School and Raton Middle School.
There are plenty of activities near this property like Raton Public Library, Raton Medical Center, and more.
Public transportation options include: Local bus service is available for residents, providing routes to key areas within Raton.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Coyote Creek State Park, Sierra Vista Park and more.
Services available in the area include cellular and internet options.
This property in Raton, NM is located in the O T Raton Subdivision.
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The estimated rental value for S 1st St located in Raton, NM is $720/month. Comparable homes around S 1st St that are rentals have monthly ranges starting as low as $610 per month and as high as $830 per month. An owner looking to use this property as an investment could bring a return in the area of $610 - $830 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
Status: Active
Listing information updated for this property.
Status: Active
Status: Inactive
The property has moved into foreclosure proceedings. The lender is likely preparing the home for auction or repossession.
Status: Inactive
Status: Inactive
The owner is behind on payments and has entered preforeclosure. It may still be possible to avoid foreclosure or sell early.
Status: Inactive
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