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    Townhome-Style Duplex for Low-Maintenance Ownership Title is generated by Realmo AI

    12570 N COTTON Lane, Surprise, AZ 85388

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    For Sale
    $599,900

    MULTI_FAMILY - Surprise, AZ

    Added:
    Mar 27, 2026
    Days on Market:
    70
    Last Refresh:
    Jun 4 at 5:06 pm

    Property Features for 12570 N COTTON Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    residential
    Bedrooms
    6
    Rooms
    Bathroom 4, Bathroom 2, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 4
    Parking features
    Garage - Attached
    Pool private
    1
    Exterior features
    Sidewalk(s)
    Appliances
    Disposal, Dishwasher, Refrigerator, Microwave
    Standard status
    Active
    APN
    502-12-433

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 12 HAYDEN FARMS MCR 157626
    Tax Annual Amount
    2384

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    2025
    Number of units
    2
    Flooring type
    Carpet
    Building materials
    Wood Frame, Stucco
    Roof type
    Composition

    We can help!

    Listing Contact
    Chase Leavitt

    Listing agent Chase Leavitt License #8486773-SA00

    Listing office RE/MAX Excalibur 15160 N Hayden Road, Suite 205, Scottsdale, AZ

    Listing date Mar 27, 2026

    MLS# 7005116 Listing URL

    Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Townhome‑style duplex under construction, built in 2025 (HOA‑covered common area water, landscaping, garbage, clubhouse/pool access, internet, and smart home features)
    • Private pool on‑site (PoolPrivateYN: true)
    • Attached garage parking and sidewalk(s) exterior features
    • Central air and forced‑air heating with ceiling fan(s)
    • Kitchen appliances included: disposal, dishwasher, refrigerator, and microwave
    • Wood frame and stucco construction with a composition roof; public sewer connection

    Overview

    This newly built townhome-style duplex offers a low-maintenance ownership setup with HOA-covered common-area services. The HOA includes common area water, landscaping, garbage, and access to clubhouse and pool amenities. Additional convenience is provided through internet and smart home features, designed to simplify day-to-day operations. The property is offered for sale with the transaction structured around the required property management arrangement.

    Located at 12570 N Cotton Lane in Surprise, Arizona (Maricopa County), the duplex is set within a residential zoning context. The listing is marketed as part of a high-growth area with strong rental demand; however, the HOA service structure and management requirement are the most concrete terms for buyers evaluating ownership and operations.

    For investors or owner-operators, the key operational feature is the buyer requirement to use MAXX PM for property management. That condition, combined with HOA coverage of multiple recurring services, may reduce the number of external vendors an owner typically manages directly. This makes the duplex particularly suitable for buyers seeking a turnkey, service-supported residential income property while adhering to the established management workflow.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Surprise
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.428118
    Latitude
    33.597773

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    FAQs

    What type of property is this?
    Duplex - Newly built townhome-style duplex with HOA-covered services and required management through MAXX PM.
    Where is this duplex located?
    The property is located at 12570 N COTTON Lane Surprise, AZ.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: Townhome‑style duplex under construction, built in 2025 (HOA‑covered common area water, landscaping, garbage, clubhouse/pool access, internet, and smart home features); Private pool on‑site (PoolPrivateYN: true); Attached garage parking and sidewalk(s) exterior features
    (435) 632-7028
    We can help!
    Listing Contact
    Chase Leavitt
    Real Estate License ID: 8486773-SA00
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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