Residential Income Property with
For Sale
$319,900
10301 N 70TH Street 107, Paradise Valley, AZ 85253
The remodeled kitchen features quartz countertops, updated cabinetry, and stainless steel appliances.
Property Size1,088 SF
Price / SF$294.03
Days on Market48
Property Features for 10301 N 70TH Street 107
General Information
Standard status
Active
Size
1,088 SF
Property subtype
Apartment
Units
Unit Mix
2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$834
Amenities
heated pool
spa
Building Details
Building Size
1,088 SF
Year Built
1985
Listing Agency:
Keller Williams Realty Sonoran Living
Listed By:
BVO Luxury Group · License #01428775
(833) 286-7653
Source:
Bvoluxury
Added: Sep 11
Changed: Oct 26
Last Checked: Oct 26 at 2:53PM
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 Keller Williams Realty Sonoran Living
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Investment Insights
Based on property information with market context.
This 1,088-square-foot, ground-floor residence was built in 1985 and is configured with two bedrooms and two bathrooms. The end unit has no interior steps, wood-look tile, newer bedroom carpet, and a fireplace. Its kitchen has been remodeled with quartz counters, updated cabinetry, and stainless steel appliances. Inside laundry and a covered private patio add to the unit’s features.
Residents have access to a heated pool and spa in the community. The property is near Scottsdale Road in the Shea Corridor, with restaurants, shopping, golf, and entertainment in the surrounding area.
Residents have access to a heated pool and spa in the community. The property is near Scottsdale Road in the Shea Corridor, with restaurants, shopping, golf, and entertainment in the surrounding area.
Key Highlights
- 1,088 SF ground‑floor end unit with two bedrooms and two bathrooms
- No interior steps; private covered patio and inside laundry
- Remodeled kitchen with quartz countertops, cabinetry, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,279
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$245,580
$245.6K
Cap Rate 7%
$175,414
$175.4K
Cap Rate 9%
$136,433
$136.4K
Market Conditions
NOI Build-Up for 1,088 SF
Gross rent
$23.5K $21.60/SF
− Vacancy
−$1.2K −$1.08/SF
EGI
$22.3K $20.52/SF
− OpEx
−$10.0K −$9.23/SF
NOI
$12.3K $11.29/SF
Area
Maricopa County, AZ
Vacancy
5.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$245,580
Cap Rate 7%
$175,414
Cap Rate 9%
$136,433
Alternative Uses
Best Use
Apartment 5plus
$175.4K
$153.5K – $204.7K
NOI $12,279 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$336.5K
$294.5K – $392.6K
NOI $23,558 @ 7.0% cap · market cap 7.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,075
Businesses Nearby
Explore this area
Business Placement
Demographics for 85253, AZ
17,358
Population
8,815
Households
2
Avg Household Size
53
Median Age
71%
College-Educated
98%
High-School Grad
18.1 sq mi
ZIP Area
959
Density / Sq Mi
$182,150
Median Household Income
$79,848
Median Earnings
$1,935
Median Rent
$2,000,001
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - The remodeled kitchen features quartz countertops, updated cabinetry, and stainless steel appliances.
Where is this residential income property located?
The property is located at 10301 N 70TH Street 107 Paradise Valley, AZ.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: 1,088 SF ground‑floor end unit with two bedrooms and two bathrooms; No interior steps; private covered patio and inside laundry; Remodeled kitchen with quartz countertops, cabinetry, and stainless steel appliances
