Two-Bedroom Residential Income
For Sale
$449,000
Pending
10019 E Mountain View Rd #1092, Scottsdale, AZ 85258
Ground-level interior end unit in The Fountains, with access to a heated pool, spa, and landscaped community grounds.
Property Size1,162 SF
Days on Market12
Property Features for 10019 E Mountain View Rd #1092
General Information
Standard status
Pending
Size
1,162 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
1
Amenities
heated pool & spa
Ramada
resort style lagoon
Building Details
Year Built
1984
Listing Agency:
Revinre
Listed By:
House of AZ
(602) 353-7034
Source:
Houseofarizona
Added: Sep 26
Changed: Oct 7
Last Checked: Oct 7 at 11:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Revinre
Investment Insights
Based on property information with market context.
This 1,162-square-foot residential income unit was built in 1984 and is configured as a ground-floor interior end unit. High ceilings and wood and tile flooring are present throughout. The primary bedroom has a walk-in closet and en-suite bath with a separate water closet; the second bedroom also has an en-suite bathroom. A stacked washer and dryer is included, and furnishings are available through a separate bill of sale.
The unit is in The Fountains within Scottsdale Ranch. Community amenities include landscaped grounds, a heated pool and spa, a ramada, and a lagoon near the patio. Loop 101, shopping, dining, parks, and walking paths are accessible nearby.
The unit is in The Fountains within Scottsdale Ranch. Community amenities include landscaped grounds, a heated pool and spa, a ramada, and a lagoon near the patio. Loop 101, shopping, dining, parks, and walking paths are accessible nearby.
Key Highlights
- 1,162‑square‑foot ground‑floor interior end unit
- Two bedrooms, each with an en‑suite bathroom
- Primary suite includes a walk‑in closet and separate water closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,445
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,900
$268.9K
Cap Rate 7%
$192,071
$192.1K
Cap Rate 9%
$149,389
$149.4K
Market Conditions
NOI Build-Up for 1,162 SF
Gross rent
$25.5K $21.96/SF
− Vacancy
−$1.1K −$0.92/SF
EGI
$24.4K $21.04/SF
− OpEx
−$11.0K −$9.47/SF
NOI
$13.4K $11.57/SF
Area
Scottsdale, AZ
Vacancy
4.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,900
Cap Rate 7%
$192,071
Cap Rate 9%
$149,389
Alternative Uses
Best Use
Apartment 5plus
$192.1K
$168.1K – $224.1K
NOI $13,445 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$381.5K
$333.8K – $445.0K
NOI $26,702 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,039
Businesses Nearby
Explore this area
Business Placement
Demographics for 85258, AZ
25,203
Population
15,566
Households
1.6
Avg Household Size
55
Median Age
63%
College-Educated
99%
High-School Grad
10.3 sq mi
ZIP Area
2,447
Density / Sq Mi
$105,171
Median Household Income
$68,184
Median Earnings
$1,945
Median Rent
$744,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Ground-level interior end unit in The Fountains, with access to a heated pool, spa, and landscaped community grounds.
Where is this residential income property located?
The property is located at 10019 E Mountain View Rd #1092 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 1,162‑square‑foot ground‑floor interior end unit; Two bedrooms, each with an en‑suite bathroom; Primary suite includes a walk‑in closet and separate water closet
