About This Home
This 1-bedroom, 1-bathroom single family at 5 S Arroyo in Cerrillos, NM is listed for $225,000 ($289 per sqft). Built in 1967, the home offers 779 sqft of living space on a 0.07 acres lot.
Key Features
- Built in 1967
- 0.07 acre lot
- 2 stories
- 3 parking spaces
Property Details
Rare opportunity to own one of the miners' cottages in Madrid! This house has been lived and worked in by the owners for about 18 years. It is 1b1b with a spacious partial loft upstairs which could be a second bedroom or living/work area. Original frame structure and wood floors in part of the house retain the flavor of mining life.
There is a wood deck off the kitchen, with a view of the mountains and old coal apparatus remains. New roof April 2026; 200 amp electric. Madrid is one of New Mexico's treasures, with its history of mining back to the mid-1800s. Madrid was created as a company coal town in 1892, and most of these old structures were brought in on rail cars.
Madrid is a thriving community now with a rich history and a sense of fun and commerce. Artsy and quirky, it's known as a destination for filming. About 20 miles south of Santa Fe; 42 miles south to I-40.
Monthly Cost Estimate
$1,203/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5 S Arroyo
Cerrillos, NM 87010
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Appliances
Questions & Answers
This 1-bedroom, 1-bathroom single family at 5 S Arroyo is listed at $225,000 ($289/sqft). The estimated monthly payment is $1,204 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1967, 0.07 acre lot, 2 stories, 3 parking spaces. Interior Features: InteriorSteps.
This property is listed by Laurie Frantz and can be reached at 5059201346.
