Property profile

89 Frst Dr Dr Rociada, NM 87742

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 22,215.6 square foot lot presents a unique opportunity to build your dream home in the tranquil Pendaries Subdivision of Rociada, New Mexico. Nestled high in the mountains, this property offers breathtaking views and a peaceful setting amidst a Ponderosa pine forest. The lot is located in a desirable area with access to an 18-hole golf course and other community amenities. The Pendaries Homeowners Association (HOA) provides valuable services including water, year-round road maintenance, and weekly trash pickup, ensuring a convenient and comfortable lifestyle. Additionally, the Rociada Townhouse Association assessment covers building insurance, roof repairs and replacements as needed, lawn mowing, and common area maintenance. Please note that the Pendaries Subdivision is subject to covenants and restrictions. It is important to be aware that the Pendaries area was impacted by the Calf Canyon/Hermit's Peak fire. While the provided photograph is from Pendaries, it does not specifically depict this particular lot. The asking price for this remarkable property is $22,000. The property is located at Lot 89 Forest Drive West Drive, Rociada, NM 87742.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

89 Frst Dr Dr Rociada, NM 87742
Rociada metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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