Two-Bedroom Condo with Lofted
For Sale
$299,000
14145 N 92nd Street Unit 2022, Scottsdale, AZ 85260
Two interior levels place one bedroom on each floor, with shared community recreation and fitness amenities.
Property Size1,034 SF
Price / SF$289.17
Days on Market94
Property Features for 14145 N 92nd Street Unit 2022
General Information
Standard status
Active
Size
1,034 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,342
Amenities
pool
clubhouse
workout facility
Building Details
Building Size
1,034 SF
Year Built
1988
Listing Agency:
Compass
Listed By:
Annie Cole · License #SA531848000
(602) 571-8110
Source:
Bvoluxury
Added: Jul 29
Changed: Oct 26
Last Checked: Oct 26 at 3:35PM
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 Compass
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Investment Insights
Based on property information with market context.
This 1,034-square-foot condominium was built in 1988 and has two bedrooms and two bathrooms arranged across two interior levels, with one bedroom on each floor. Vaulted ceilings bring natural light into the living space. Interior features include granite countertops, 42' cabinets, laminate flooring, carpet, stainless steel appliances, and an in-unit full-size washer and dryer. The HVAC system was replaced in 2020.
Residents have access to two pools, a clubhouse, and a workout facility. The property is in Scottsdale, near shopping, dining, schools, golf, and hiking and biking trails.
Residents have access to two pools, a clubhouse, and a workout facility. The property is in Scottsdale, near shopping, dining, schools, golf, and hiking and biking trails.
Key Highlights
- Two bedrooms and two bathrooms across two interior levels
- 1,034 square feet; built in 1988
- Vaulted ceilings and granite countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,964
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,280
$239.3K
Cap Rate 7%
$170,914
$170.9K
Cap Rate 9%
$132,933
$132.9K
Market Conditions
NOI Build-Up for 1,034 SF
Gross rent
$22.7K $21.96/SF
− Vacancy
−$954 −$0.92/SF
EGI
$21.8K $21.04/SF
− OpEx
−$9.8K −$9.47/SF
NOI
$12.0K $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%
$239,280
Cap Rate 7%
$170,914
Cap Rate 9%
$132,933
Alternative Uses
Best Use
Apartment 5plus
$170.9K
$149.6K – $199.4K
NOI $11,964 @ 7.0% cap · market cap 4.00%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$339.4K
$297.0K – $396.0K
NOI $23,760 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,842
Businesses Nearby
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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 - Two interior levels place one bedroom on each floor, with shared community recreation and fitness amenities.
Where is this residential income property located?
The property is located at 14145 N 92nd Street Unit 2022 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms across two interior levels; 1,034 square feet; built in 1988; Vaulted ceilings and granite countertops
