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Chaparral 88081
1024 GARRELL Lane
$47,100
● House - Off Market

1024 GARRELL Lane

Chaparral, NM 88081
bedrooms
3 Beds
bathrooms
1 Bath
$103,740
RealtyHop Estimate
120.26%
Since May 1, 2012
National-US
Primary Model

About This Property

Clean double wide 3 bedroom, 1 full and one-3/4 bath. Needs some flooring, but at this price this is a real jewel. Located over 1 acre.
Unit Size
-
Days on Market
44 days
Land Size
1.05 acres
Price per sqft
-
Property Type
House
Property Taxes
$110
HOA Dues
-
Year Built
2006

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (GEPAR MLS #517024)

Price History

Date / Event Date Event Price
Apr 25, 2012 Sold
Premium
Sold
Mar 12, 2012 Listed by Century 21 The Edge $47,100
Listed by Century 21 The Edge

Property Highlights

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2008
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 11
  • Building Style: 33
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,782
  • Total Building Area: 1,188
  • Gross Building Area: 1,188
  • Building Area: 1,188
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 2
  • Heating: 4
  • Heated Square Feet: 1,188
  • Heating Fuel Type: 7

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOOK ESTATES
  • Land Acres: 0000001051
  • Standard Land Use Code: 1006
  • County Land Use Code: PMH
  • Mobile Home Indicator: T
  • Legal Description 1: SUBD: LOOK ESTATES LOT 13 BLOCK: F

Neighborhood

  • School District Name: Gadsden Independent Schools
  • Census Tract: 000903

Geography

  • Account Number: R053038
  • Parcel: 16N4032154372308
  • Block: F
  • Lot: 13
  • Municipality: CHAPARRAL
  • Latitude: 32.029
  • Longitude: -106.348

    Address

  • Full Address: 1024 Garrell Ln
  • Address - House Number: 1024
  • Address - Street Name: Garrell
  • Address - Suffix Type: Ln
  • State: NM
  • City Name: Chaparral
  • Carrier Code: H062
  • 4-Digit Zip Code: 7697
  • Zip Code: 88081

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $88,428
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 16_R

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 197,694
  • High Value: 233,058
  • Low Value: 162,330

    Market Valuation

  • Market Total Value: $98,970
  • Market Land Value: $21,831
  • Market Improvement Value: $77,139

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,990
  • Assessed Land Value: $7,277
  • Assessed Improvements Value: $25,713

    Sales

  • Current Sale Contract Date: Apr 20, 2012
  • Current Sale Recording Date: Apr 25, 2012
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 201203402
  • Previous Sale Recording Date: Feb 15, 2012
  • Previous Sale Contract Date: Nov 04, 2011
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Chaparral

Stats & Trends

Median Asking:

$313,950

Sale Price/ft²

$194

Below Asking

0.01%

Average Days on Market

128

Average Home Size

1571 ft²

Average Home Age

-

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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GEPAR

Listed by: Scott Kesner, Century 21 The Edge
Last Updated: 6 months ago
Data Source: GEPAR, MLS# 517024
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers. Listing data is deemed reliable but not guaranteed. Copyright 2026 the Greater El Paso Association of REALTORS®, MLS Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1024 Garrell Lane built and last sold?
The property at 1024 Garrell Lane was built in 2006 and last sold on Apr 20, 2012 for $0.
How much is this home worth?
The estimated value of the home located at 1024 Garrell Lane is $47,571.
What are some comparable homes to 1024 Garrell Lane?
There are currently no comparable homes to 1024 Garrell Lane.
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