2702 Crestview Dr Las Cruces, NM 88011

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3 beds · 2 baths · 1,937 sq ft · Lot Size: 8,925 sq ft · Single Family Home
Est. Property Value: $252,970

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2702 Crestview Dr 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 1968 and is approximately 57 years old. The single family home spans 1937 sq ft with 3 bedrooms and 2 bathrooms and sits on a 8925 sq ft lot. According to public records, it was last sold in 2005 for $199,500 and has a tax-assessed value of $182,537, which is $131 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 2702 Crestview Dr Las Cruces, NM 88011 with Property Intel by Whitepages.

2702 Crestview Dr

Las Cruces, NM 88011

Owner Info

Owners & Occupancy for 2702 Crestview Dr

This property is owned by Johnathan L Peyton. Owner contact information includes 7 phone numbers and 4 email addresses.

Property Owners

Cell Phone(575) ***-****View Cell Phone
Residence**************
Landline(575) 524-0983
Distance from Property**********
Email Address**********@gmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************** age 55
Resident 2*******************
Resident 3*************** age 57
Resident 4****************
Resident 5************ age 79

Property Financials for 2702 Crestview Dr

2702 Crestview Dr, Las Cruces, NM has a mortgage from Regions Mtg Inc (orig. September 23, 2021). The Doña Ana county assessment for 2024 values it at $182,537, with annual taxes of $1,792.

Mortgage & Equity Information

Loan Amount$******
LenderRegions Mtg Inc
Origination DateSeptember 23, 2021
Interest Rate****%
Term20 Years
Rate TypeFixed
Est Balance$********
Due Date****************
Equity View Equity

Property Tax

Purchase DateApril 28, 2005
Property Tax Amount$1,792 in 2024
Purchase Price$199,500
Assessed Value$182,537 on 2024

Investment Potential for 2702 Crestview Dr

The property has a current estimated value of $252,970, which is 24% below the zip median, based on public records. It last sold on April 28, 2005 for $200K. Projected long-term
is $22,800 annually ($1,900 per month) with a 88% occupancy rate.

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Long-Term

Gross Rental
$22,800 per year($1,900 per month)
Net Operating Income
Cap Rate
Occupancy Rate
88%in 88011 zip code
 
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Property Details for 2702 Crestview Dr

Property Details

Property Sq Ft

Living Area

1,937 sq ft

2% above market

Lot Size

8,925 sq ft

6% below market

Price Per Sq Ft

Living Area

$131 / sq ft

26% below market

Lot Size Area

$28 / sq ft

20% below market

Property condition, age, exterior, etc. for 2702 Crest…
Longitude: -106.739621 Latitude: 32.30275 Parcel Number (APN): 02-14173…

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Market Benchmarks

Compare data for 2702 Crestview Dr in Doña Ana County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$252,970
$264,892
-$11,922 (-5%)
$426,062
-$128,581 (-30%)
YoY Price Change
1.36%
3%
Year Built
1968
1991
-23 years
Living Space
1,937 sq ft
1,664 sq ft
273 (16%)
$ Per Living Sq Ft
$131
$158
-$27 (-17%)
Lot Size
8,925 sq ft
9,690 sq ft
-765 (-8%)
$ Per Lot Sq Ft
$28
$23
$5 (21%)

Net Operating Income
$16,797
-$683 (-4%)
Annual Revenue
$22,800
$23,400
-$600 (-3%)
$5,909
$777 (13%)
Net Operating Income
$16,797
-$683 (-4%)
Cap Rate
7.08%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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