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Investment Highlights

  • Over a quarter of an acre lot
  • Two Living Areas with a Two Way Fireplace
  • 3 to 4 Bedroom

Executive Summary

Beautiful updated 3 bed 2 bath home on a quarter of an acre in the coveted Broadmoor At High Resort Subdivision. No HOA or PID!! This home has modern amenities including 2 living areas accented by a two-way fireplace, the kitchen has granite countertops, a new roof, large covered back patio, Xeriscaped front and backyard, tankless water heater, refrigerated air cooling, and more! An additional room located on the NE side of the home brings versatility and can be used as a sunroom, office, den, or can be used as an added bedroom with Sandia Mountain views just outside. Enjoy backyard and side access to the property. This home is in a centralized location with nearby restaurants (The Local Brewhouse, Dions, M'tucci's Moderno, etc) and shopping (Target, Walmart, Lowes, etc).

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $449,000
Price Per SF $208.74
Sale Type Investment or Owner User
Cap Rate 7.35%
Property Type
Specialty
  • Specialty Parking Garage
  • Specialty Self Storage
  • Specialty Shelter
Lot Size 0.26 AC
Building Size 2,151 SF
No. Stories 1
Year Built 1994
Parking Ratio 1.86/1,000 SF
Zoning R-1 - Residential

Amenities

  • Air Conditioning
  • Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
  • Listing ID: 39979305

  • Date on Market: 3/31/2026

  • Last Updated:

  • Address: 2881 Chessman Dr SE, Rio Rancho, NM 87124

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