7 Casa Del Oro LnSanta Fe, NM 87508

This exceptional 2,186 sq ft Pueblo-style home, built in 1988, sits on a generous 2.18-acre corner lot in Santa Fe, NM (87508). The property boasts a main residence with three bedrooms and two bathrooms, complemented by an attached casita featuring one bedroom and one bathroom – ideal for guests or extended family. The home features beautiful brick and Saltillo tile flooring, a galley-style kitchen with abundant natural light and sliding glass doors leading to a private, gated patio. Large windows throughout create a warm and inviting atmosphere. The property also includes a two-car garage offering additional storage potential. Outdoor amenities include a private water pond, providing ample space for relaxation and recreation. The property is zoned R-1 and has a 5.58% cap rate with a pro-forma cap rate of 6.15%. The Net Operating Income (NOI) is $36,291, with a pro-forma NOI of $40,000, and a 90% occupancy rate. The asking price is $650,000, translating to $297.35 per square foot. The land value is $333.49 per square foot. The property features five parking spaces. This unique offering combines comfortable living with significant investment potential. APN: 124624348. Address: 7 Casa Del Oro Ln, Santa Fe, NM 87508.