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Two-Bedroom Townhome in Gated Community

19777 N 76th St #1120, Scottsdale, AZ 85255

For Sale
$475,000

Residents have access to a heated pool and spa, fitness center, clubhouse, and walking paths.

Property Size1,221 SF
Price / SF$389.03
Days on Market11

Property Features for 19777 N 76th St #1120

General Information

Standard status Active
Size 1,221 SF
Property subtype Townhouse

Additional Details

Multifamily Units 1

Amenities

heated pool and spa
fitness center
clubhouse
walking paths

Building Details

Year Built 2000
Listing Agency: Homesmart
Listed By: The Garcia Group
Source: Beckygarcia
Added: Nov 4 Changed: Nov 10 Last Checked: Nov 12 at 7:43AM

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 Homesmart

Rey
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Investment Insights

Based on property information with market context.

This two-bedroom, 2.5-bath townhome in Venu at Grayhawk has 1,221 square feet of living space and was built in 2000. Interior details include tile flooring on the first level, wood shutters, a gas fireplace, and newer paint. The kitchen has stainless steel appliances, freshly painted cabinets, and newer quartz countertops. A covered patio offers desert views, and the unit includes a one-car garage plus an additional open parking space.

The property is within a gated community in North Scottsdale. Shared amenities include a heated pool and spa, fitness center, clubhouse, and walking paths. The address is 19777 N 76th St #1120, Scottsdale, AZ 85255.

Key Highlights

  • Two bedrooms and 2.5 bathrooms across 1,221 square feet
  • Built in 2000; includes a one‑car garage and an additional open parking space
  • Kitchen features newer quartz countertops, stainless appliances, and freshly painted cabinets

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,128
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,560 $282.6K
Cap Rate 7%
$201,829 $201.8K
Cap Rate 9%
$156,978 $157.0K
Market Conditions
NOI Build-Up for 1,221 SF
Gross rent
$26.8K $21.96/SF
− Vacancy
−$1.1K −$0.92/SF
EGI
$25.7K $21.04/SF
− OpEx
−$11.6K −$9.47/SF
NOI
$14.1K $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%
$282,560
Cap Rate 7%
$201,829
Cap Rate 9%
$156,978

Alternative Uses

Best Use
Apartment 5plus
$201.8K
$176.6K – $235.5K (±1% cap)
NOI $14,128 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$400.8K
$350.7K – $467.6K (±1% cap)
NOI $28,057 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

764
Businesses Nearby

Demographics for 85255, AZ

44,976
Population
23,016
Households
2
Avg Household Size
51
Median Age
68%
College-Educated
98%
High-School Grad
88.2 sq mi
ZIP Area
510
Density / Sq Mi
$143,567
Median Household Income
$93,339
Median Earnings
$2,401
Median Rent
$975,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Residential income properties in Scottsdale

Jul
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Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Residents have access to a heated pool and spa, fitness center, clubhouse, and walking paths.
Where is this residential income property located?
The property is located at 19777 N 76th St #1120 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two bedrooms and 2.5 bathrooms across 1,221 square feet; Built in 2000; includes a one‑car garage and an additional open parking space; Kitchen features newer quartz countertops, stainless appliances, and freshly painted cabinets
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