$22,500
●
House -
Off Market
1210 Enchantment Drive
Chaparral, NM 88081
Studio
0 Bath
$49,766
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
1.8 fenced acres in Chaparral, just off War Rd past the
round'about. Really a neat location. The cross street you turn on
is a dirt road called Miami (small road so you have to be on the
lookout for it!!) and up 1 block is Enchantment.
Unit Size
-
Days on Market
184 days
Land Size
1.83 acres
Price per sqft
-
Property Type
House
Property Taxes
$3
HOA Dues
-
Year Built
2004
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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: 5 months ago (GEPAR MLS #817084)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2022 | No longer available | - | |
| No longer available | |||
| Oct 27, 2022 | In contract | - | |
| In contract | |||
| Aug 15, 2022 | Listed by EXIT Realty Horizons | $209,900 | |
| Listed by EXIT Realty Horizons | |||
| | |||
|
Beautiful 1 acre property in Chaparral waiting for it's new owner!! This lovely three bedroom two bath home has been well taken care of and it shows!! Living/Dining room combo with breakfast bar with that open floor plan feeling. All electric kitchen no need for messy propane tanks. Main bedroom equipped with a walk in closet and full bathroom. Spare bedrooms are spacious and share a full bathroom. This home has a beautiful outside set up. Come look for yourself before it's gone! Solar lights through out the property with benches to relax and enjoy the country fresh air during those beautiful moonlit evenings. Trees with irrigation already set up. Several small palm trees in place and continuing to grow. A huge porch to enjoy summer company with space for many tables for outside dining. Side artificial grass patio area with plenty of space for cookouts and seating. Very well lit in the evening hours in order to continue your hosting events. The manager has listed the unit size as 980 square feet.
| |||
| Jul 2, 2022 | No longer available | - | |
| No longer available | |||
| Jan 4, 2022 | Listed by EXIT Realty Horizons | $219,900 | |
| Listed by EXIT Realty Horizons | |||
| | |||
|
Beautiful 1 acre property in Chaparral waiting for it's new owner!! This lovely three bedroom two bath home has been well taken care of and it shows!! Living/Dining room combo with breakfast bar with that open floor plan feeling. All electric kitchen no need for messy propane tanks. Main bedroom equipped with a walk in closet and full bathroom. Spare bedrooms are spacious and share a full bathroom. This home has a beautiful outside set up. Come look for yourself before it's gone! Solar lights through out the property with benches to relax and enjoy the country fresh air during those beautiful moonlit evenings. Trees with irrigation already set up. Several small palm trees in place and continuing to grow. A huge porch to enjoy summer company with space for many tables for outside dining. Side artificial grass patio area with plenty of space for cookouts and seating. Very well lit in the evening hours in order to continue your hosting events. Two huge storage containers with electricity ready The manager has listed the unit size as 980 square feet.
| |||
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Property Highlights
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Chaparral
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Listed by: DJ Mora, ERA Sellers & Buyers Real Esta
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 817084
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.
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 817084
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