Ground-Floor Residential Income
For Sale
$464,985
10757 N 74TH Street 1010, Scottsdale, AZ 85260
Condominium residence with open living space, private garage, and resort-style community amenities.
Property Size1,281 SF
Days on Market70
Property Features for 10757 N 74TH Street 1010
General Information
Standard status
Active
Size
1,281 SF
Total Parking Spaces
2
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,067
Amenities
pool
spa
lounging areas
stainless steel appliances
granite countertops
center island
breakfast bar
ensuite bathroom
walk-in shower
soaking tub
walk-in closet
laundry room
Building Details
Building Size
1,281 SF
Year Built
2007
Listing Agency:
Howe Realty
Listed By:
Kaye Nelson
(602) 384-6122
Source:
Alexiabertsatos
Added: Jul 29
Changed: Oct 2
Last Checked: Oct 5 at 11:06PM
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 Howe Realty
Investment Insights
Based on property information with market context.
Built in 2007, this ground-floor condominium at Barolo Place offers a two-bedroom, two-bath layout with an open living area and oversized ceramic tile flooring. The eat-in kitchen includes stainless steel appliances, granite worktops, a large island with breakfast seating, and direct utility from a dedicated laundry room. The primary suite features dual vanity sinks, a glass-enclosed shower, soaking tub, and walk-in closet. An attached 2-car garage adds storage and parking convenience.
Community amenities include a resort-style pool, spa, shaded structures, and outdoor lounging areas. The Scottsdale location places the residence within walking distance of restaurants, specialty retail, and Harkins Shea 14. Golf facilities, mountain views, Kierland Commons, and Scottsdale Quarter are also identified as nearby area attractions.
Community amenities include a resort-style pool, spa, shaded structures, and outdoor lounging areas. The Scottsdale location places the residence within walking distance of restaurants, specialty retail, and Harkins Shea 14. Golf facilities, mountain views, Kierland Commons, and Scottsdale Quarter are also identified as nearby area attractions.
Key Highlights
- Ground‑floor condominium in Barolo Place with 2 bedrooms and 2 baths
- Built in 2007 with an open‑concept layout and oversized ceramic tile flooring
- Kitchen features stainless steel appliances, granite countertops, and an oversized island with breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,822
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,440
$296.4K
Cap Rate 7%
$211,743
$211.7K
Cap Rate 9%
$164,689
$164.7K
Market Conditions
NOI Build-Up for 1,281 SF
Gross rent
$28.1K $21.96/SF
− Vacancy
−$1.2K −$0.92/SF
EGI
$26.9K $21.04/SF
− OpEx
−$12.1K −$9.47/SF
NOI
$14.8K $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%
$296,440
Cap Rate 7%
$211,743
Cap Rate 9%
$164,689
Alternative Uses
Best Use
Apartment 5plus
$211.7K
$185.3K – $247.0K
NOI $14,822 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$420.5K
$368.0K – $490.6K
NOI $29,436 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,218
Businesses Nearby
Explore this area
Business Placement
Demographics for 85260, AZ
37,967
Population
21,072
Households
1.8
Avg Household Size
47
Median Age
59%
College-Educated
97%
High-School Grad
14.2 sq mi
ZIP Area
2,674
Density / Sq Mi
$103,854
Median Household Income
$62,835
Median Earnings
$1,969
Median Rent
$637,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Condominium residence with open living space, private garage, and resort-style community amenities.
Where is this residential income property located?
The property is located at 10757 N 74TH Street 1010 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $464,985.
What are key features of this property?
This property features: Ground‑floor condominium in Barolo Place with 2 bedrooms and 2 baths; Built in 2007 with an open‑concept layout and oversized ceramic tile flooring; Kitchen features stainless steel appliances, granite countertops, and an oversized island with breakfast bar
