Scottsdale Home with
10757 N 74TH Street 2003 Scottsdale, AZ 85260
For Sale
$688,000
Updated Scottsdale home near shopping, dining, and freeway access.
Property Size2,011 SF
Lot Size0.04 Acres
Price / SF$342.12
Days on Market528
Property Features for 10757 N 74TH Street 2003
General Information
Standard status
Active
Size
2,011 SF
Lot size
0.04 Acres
Property subtype
Condo/Townhome
Building Details
Year Built
2007
Listing Agency:
RE/MAX Fine Properties
(480) 860-8733
Listed By:
Karen Picarello · License #SA102045000
(480) 860-8733
Source:
Exitrealty
Added: Feb 15, 2025
Changed: Jul 6
Last Checked: Jul 27 at 3:45AM
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 RE/MAX Fine Properties
Investment Insights
Based on property information with market context.
This Scottsdale home offers 2011 square feet of living space on one level, along with an attached 2-car garage. The eat-in kitchen features granite counters, stainless steel appliances, and cherry cabinets, opening to the living and dining room. Surround sound is installed in the living room. The home includes three balconies. The primary bedroom has a large walk-in closet and a private balcony. The primary bath has been remodeled. A Tesla hook up is pre-installed. Located near the Village at Shea, it's an easy walk to shopping and dining, including Pita Jungle and Harkins Shea 14 Theatre. The property is also located down the street from the 101 freeway, providing access throughout the valley. Additional amenities include a heated pool and spa.
Key Highlights
- Prime Scottsdale location with easy access to shopping, dining, and the 101 freeway.
- Enjoy the heated pool and spa.
- Upgraded eat‑in kitchen features granite counters, stainless steel appliances, and cherry cabinets.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.2k | $21.96 |
| − Vacancy | −$1.9k | −$0.92 |
| EGI | $42.3k | $21.04 |
| − OpEx | −$19.0k | −$9.47 |
| NOI | $23.3k | $11.57 |
2,011 SF · lease $21.96/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$332.4K
$290.9K – $387.8K
NOI $23,269 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$660.2K
$577.6K – $770.2K
NOI $46,211 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Residential income property - Updated Scottsdale home near shopping, dining, and freeway access.
Where is this residential income property located?
The property is located at 10757 N 74TH Street 2003 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $688,000.
What are key features of this property?
This property features: Prime Scottsdale location with easy access to shopping, dining, and the 101 freeway.; Enjoy the heated pool and spa.; Upgraded eat‑in kitchen features granite counters, stainless steel appliances, and cherry cabinets.