2604 Ridgeway Ct Las Cruces, NM 88011

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4 beds · 2 baths · 1,954 sq ft · Lot Size: 11,532 sq ft · Single Family Home
Est. Property Value: $295,208

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2604 Ridgeway Ct is in the 88011 neighborhood of Las Cruces, NM. It is located in Doña Ana County and ZIP code 88011. This Single Family Home was built in 1964 and is approximately 61 years old. The single family home spans 1954 sq ft with 4 bedrooms and 2 bathrooms and sits on a 11532 sq ft lot. According to public records, it was last sold in 2003 for $93,022 and has a tax-assessed value of $118,310, which is $151 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 2604 Ridgeway Ct Las Cruces, NM 88011 with Property Intel by Whitepages.

2604 Ridgeway Ct

Las Cruces, NM 88011

Owner Info

Owners & Occupancy for 2604 Ridgeway Ct

This property is owned by Deborah Lynne Cooper. Owner contact information includes 2 phone numbers and 5 email addresses.

Property Owners

OccupationField Care Coordination Supervisor, Nm Family Services
Cell Phone(575) ***-****View Cell Phone
Residence**************
Landline(575) 541-0495
Distance from Property**********
Email Address*********@gmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************* age 37
Resident 2*************** age 81
Resident 3**************
Resident 4******************** age 62
Resident 5**************** age 64
Resident 6****************** age 39

Property Financials for 2604 Ridgeway Ct

2604 Ridgeway Ct, Las Cruces, NM has a mortgage from Matrix Cap Bk (orig. August 01, 2012). The Doña Ana county assessment for 2024 values it at $118,310, with annual taxes of $1,140.

Mortgage & Equity Information

Loan Amount$******
LenderMatrix Cap Bk
Origination DateAugust 01, 2012
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date******************
Equity View Equity

Property Tax

Purchase DateMarch 13, 2003
Property Tax Amount$1,140 in 2024
Purchase Price$93,022
Assessed Value$118,310 on 2024

Investment Potential for 2604 Ridgeway Ct

The property has a current estimated value of $295,208, which is 31% below the zip median, based on public records. It last sold on March 13, 2003 for $93K. Projected long-term
is $21,600 annually ($1,800 per month) with a 88% occupancy rate.

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Long-Term

Gross Rental
$21,600 per year($1,800 per month)
Net Operating Income
Cap Rate
Occupancy Rate
88%in 88011 zip code
 
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Property Details for 2604 Ridgeway Ct

Property Details

Property Sq Ft

Living Area

1,954 sq ft

20% below market

Lot Size

11,532 sq ft

3% above market

Price Per Sq Ft

Living Area

$151 / sq ft

12% below market

Lot Size Area

$26 / sq ft

27% below market

Property condition, age, exterior, etc. for 2604 Ridge…
Longitude: -106.739927 Latitude: 32.300243 Parcel Number (APN): 02-15366…

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Discover more single family homes near 2604 Ridgeway Ct in Las Cruces, New Mexico. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 2604 Ridgeway Ct in Doña Ana County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$295,208
$365,931
-$70,724 (-19%)
$547,918
-$200,767 (-37%)
YoY Price Change
1.07%
674%
Year Built
1964
1997
-33 years
Living Space
1,954 sq ft
2,418 sq ft
-464 (-19%)
$ Per Living Sq Ft
$151
$156
-$5 (-3%)
Lot Size
11,532 sq ft
13,134 sq ft
-1602 (-12%)
$ Per Lot Sq Ft
$26
$25
$1 (4%)

Net Operating Income
$17,926
-$2,502 (-14%)
Annual Revenue
$21,600
$26,400
-$4,800 (-18%)
$7,733
-$1,557 (-20%)
Net Operating Income
$17,926
-$2,502 (-14%)
Cap Rate
5.59%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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