302 Summer Winds Dr SE Rio Rancho, NM 87124

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3 beds · 2 baths · 2,448 sq ft · Lot Size: 11,326 sq ft · Single Family Home · Solar Village-Mid-Unser
Est. Property Value: $206,947

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302 Summer Winds Dr SE is in the Solar Village-Mid-Unser neighborhood of Rio Rancho, NM. It is located in Sandoval County and ZIP code 87124. This Single Family Home was built in 1980 and is approximately 45 years old. The single family home spans 2448 sq ft with 3 bedrooms and 2 bathrooms and sits on a 11326 sq ft lot. According to public records, it has a tax-assessed value of $206,947, which is $85 per sq ft. The Solar Village-Mid-Unser area of Rio Rancho has 25 residential homes with an average size of 1495 sq ft. Analyze and compare real estate investment strategies for properties like this home at 302 Summer Winds Dr SE Rio Rancho, NM 87124 with Property Intel by Whitepages.

302 Summer Winds Dr SE

Rio Rancho, NM 87124

Owner Info

Owners & Occupancy for 302 Summer Winds Dr SE

This property is owned by Odette A Lowrey. Owner contact information includes 9 phone numbers and 5 email addresses.

Property Owners

Cell Phone(505) ***-****View Cell Phone
Residence**************
Landline(915) 856-8401
Distance from Property**********
Email Address******@doeanderson.comView Email
OccupationCreative Director, The Power Of 4 Podcast
Cell Phone(505) ***-****View Cell Phone
Residence**************
Landline(505) 856-8401
Distance from Property**********
Email Address********@aol.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1************ age 66
Resident 2*************** age 62

Property Financials for 302 Summer Winds Dr SE

302 Summer Winds Dr SE, Rio Rancho, NM has a mortgage (orig. March 18, 2022). The Sandoval county assessment for 2024 values it at $206,947, with annual taxes of $2,414.

Mortgage & Equity Information

Loan Amount$******
Origination DateMarch 18, 2022
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity

Property Tax

Property Tax Amount$2,414 in 2024
Assessed Value$206,947 on 2024

Investment Potential for 302 Summer Winds Dr SE

The property has a current estimated value of $206,947, which is 54% above the neighborhood median. Projected long-term rental income is $30,000 annually ($2,500 per month) with a 93% occupancy rate.

Discover more Single Family Homes in Solar Village-Mid-Unser.

Long-Term

Gross Rental
$30,000 per year($2,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 87124 zip code
 
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Property Details for 302 Summer Winds Dr SE

Property Details

Property Sq Ft

Living Area

2,448 sq ft

64% above market

Lot Size

11,326 sq ft

4% below market

Price Per Sq Ft

Living Area

$85 / sq ft

7% below market

Lot Size Area

$18 / sq ft

65% above market

Property condition, age, exterior, etc. for 302 Summer…
Longitude: -106.695752 Latitude: 35.252506 Parcel Number (APN): R128352…

Recommended Properties in Solar Village-Mid-Unser

Discover more single family homes near 302 Summer Winds Dr SE in Rio Rancho, 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 302 Summer Winds Dr SE in Sandoval County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$206,947
$264,892
-$57,945 (-22%)
YoY Price Change
Year Built
1980
1991
-11 years
Living Space
2,448 sq ft
1,664 sq ft
784 (47%)
$ Per Living Sq Ft
$85
$158
-$73 (-46%)
Lot Size
11,326 sq ft
9,690 sq ft
1636 (17%)
$ Per Lot Sq Ft
$18
$23
-$5 (-22%)

Net Operating Income
$16,797
$5,253 (31%)
Annual Revenue
$30,000
$23,400
$6,600 (28%)
$5,909
$2,041 (35%)
Net Operating Income
$16,797
$5,253 (31%)
Cap Rate
7.08%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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