920 Shoofly Street Santa Fe, NM 87505
MULTI_FAMILY - Santa Fe, NM
Property Features for 920 Shoofly Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 910021280
- Size
- 15,995 SF
- Lot size
- 0.65 Acres
Taxes and HOA fees
- Tax Description
- Santa Fe Railyard Community Corporation
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2023
- Flooring type
- Laminate
- Building materials
- Frame
- Roof type
- Metal
Listing agent Alicia Bertram License #48316 (505) 930-0520
Listing office SF Brown Real Estate 2905 Rodeo Park Drive E #4, Santa Fe, NM (505) 473-7740
Listing date Jan 14, 2026
Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Newly constructed in 2023, offering modern living spaces.
- Located in the heart of the Santa Fe Baca Railyard, providing premier access to amenities.
- Directly across the street from the South Capitol Railrunner Train Stop.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $416.5k | $26.04 |
| − Vacancy | −$17.5k | −$1.09 |
| EGI | $399.0k | $24.95 |
| − OpEx | −$179.6k | −$11.23 |
| NOI | $219.5k | $13.72 |