Two-Bedroom
For Sale
$350,000
Pending
11680 E SAHUARO Drive #2007, Scottsdale, AZ 85259
A second-floor residence pairs a split-bedroom layout with a covered balcony in a gated Scottsdale community.
Property Size1,192 SF
Days on Market21
Property Features for 11680 E SAHUARO Drive #2007
General Information
Standard status
Pending
Size
1,192 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Amenities
gated community
scenic walking paths
heated community pool
spa
fitness center
clubhouse
covered balcony
Building Details
Year Built
2001
Listing Agency:
Keller Williams Arizona Realty
Listed By:
Samantha R Malcolm · License #BR528129000
(602) 541-3949
Source:
Kathrynthomas
Added: Oct 13
Changed: Nov 1
Last Checked: Nov 1 at 1:35AM
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 Arizona Realty
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Investment Insights
Based on property information with market context.
This 1,192-square-foot, second-floor condominium has two bedrooms and two bathrooms arranged in a split floor plan. Walk-in closets and a covered balcony add practical storage and outdoor space. The residence is part of Talavera, a gated community with landscaped grounds, walking paths, a heated pool, spa, fitness center, and clubhouse.
Scottsdale’s Loop 101, Kierland, Scottsdale Quarter, dining, golf resorts, and Fountain Hills are a short drive away. Built in 2001.
Scottsdale’s Loop 101, Kierland, Scottsdale Quarter, dining, golf resorts, and Fountain Hills are a short drive away. Built in 2001.
Key Highlights
- Two bedrooms and two bathrooms in a split floor plan
- 1,192 square feet on the second floor
- Covered balcony and walk‑in closets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,792
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,840
$275.8K
Cap Rate 7%
$197,029
$197.0K
Cap Rate 9%
$153,244
$153.2K
Market Conditions
NOI Build-Up for 1,192 SF
Gross rent
$26.2K $21.96/SF
− Vacancy
−$1.1K −$0.92/SF
EGI
$25.1K $21.04/SF
− OpEx
−$11.3K −$9.47/SF
NOI
$13.8K $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%
$275,840
Cap Rate 7%
$197,029
Cap Rate 9%
$153,244
Alternative Uses
Best Use
Apartment 5plus
$197.0K
$172.4K – $229.9K
NOI $13,792 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$391.3K
$342.4K – $456.5K
NOI $27,391 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
726
Businesses Nearby
Explore this area
Business Placement
Demographics for 85259, AZ
22,548
Population
10,864
Households
2.1
Avg Household Size
51
Median Age
69%
College-Educated
99%
High-School Grad
20.7 sq mi
ZIP Area
1,089
Density / Sq Mi
$145,574
Median Household Income
$80,502
Median Earnings
$1,769
Median Rent
$956,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A second-floor residence pairs a split-bedroom layout with a covered balcony in a gated Scottsdale community.
Where is this residential income property located?
The property is located at 11680 E SAHUARO Drive #2007 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms in a split floor plan; 1,192 square feet on the second floor; Covered balcony and walk‑in closets
