2608 E 22ND Street, Farmington, NM 87401 Investment Property

Property Details for 2608 E 22ND Street

Facts and Market Trends
Beds
3
Baths
1
N/A
Lot Size
6386
Owner Occupied
true
MLS Id
20-317
Heating system
Fireplace (Natural Gas)
Cooling system
Evaporative
Property subtype
Single Family Detached
Architecture Style
Other
Average Cap Rate
Airbnb
4.86%
Traditional
2.78%
Average Rental Income
Airbnb
$1,715
Traditional
$1,020
Property Price Info
Property Price
$138,000
Sq/ft
$1,196
Cost per sq/ft.
$115

Nearby schools

Elementary:
Animas Elementary
High:
Piedra Vista High School
Middle:
Heights Middle School

Tax History

Year Property Tax Tax Assessment
2000 $842 $16,846
2001 $405 $16,846
2002 $393 $16,845
2003 $400 $52,783
2004 $404 $52,783
2011 $475 $22,002
2012 $910 $40,555
2013 $910 $40,555
2014 $917 $40,187
2015 $939 $41,561
2016 $954 $41,561
2017 $954 $41,595
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Farmington Neighborhood Info

Number Of Properties
Homes For Sale
235
Airbnb Properties
22
Facts and Market Trends
Mashmeter
67.82%
Airbnb Occupancy
59.91%
Optimal Strategy
Airbnb
68/100
Price
Median Price
$209,000
Price/sqft
$118
Average Cash On Cash Return
Traditional
1.36%
Airbnb
3.76%
Average Rental Income
Traditional
$883
Airbnb
$1,877

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