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Corner Residence with Loft

3600 N Hayden Road 3402, Scottsdale, AZ 85251

For Sale
$289,900

Updated interiors include a fireplace, stainless steel appliances, and access to community pools and a fitness center.

Property Size962 SF
Price / SF$301.35
Days on Market55

Property Features for 3600 N Hayden Road 3402

General Information

Standard status Active
Size 962 SF
Property subtype Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $793

Amenities

resort-style pools
fitness center
media room
community center
covered parking
wood-burning fireplace
balcony

Building Details

Building Size 962 SF
Year Built 1979
Listing Agency: Apex Residential
Listed By: Angela Covey · License AZ BR531684000
Source: Bvoluxury
Added: Sep 16 Changed: Nov 7 Last Checked: Nov 8 at 3:10PM

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 Apex Residential

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Investment Insights

Based on property information with market context.

This 962-square-foot corner residence offers one bedroom and an upstairs loft, with an open floor plan and updated flooring and countertops. Interior features include stainless steel appliances, a wood-burning fireplace, crown molding, a new HVAC system, a newer water heater, and a washer and dryer. A balcony overlooks a courtyard with a fountain, and covered parking is located close to the unit.

Continental Golf Course is directly outside the residence, with greenbelt paths nearby for walking, biking, and jogging. The community also has two pools, a fitness center, a media room, and a community center. Groceries, restaurants, and entertainment are within walking distance, while Old Town Scottsdale and several local golf destinations are a short drive away.

Key Highlights

  • 962 SF corner residence with one bedroom and an upstairs loft
  • Updated flooring and countertops, stainless steel appliances, and wood‑burning fireplace
  • New HVAC system and newer water heater

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,131
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,620 $222.6K
Cap Rate 7%
$159,014 $159.0K
Cap Rate 9%
$123,678 $123.7K
Market Conditions
NOI Build-Up for 962 SF
Gross rent
$21.1K $21.96/SF
− Vacancy
−$887 −$0.92/SF
EGI
$20.2K $21.04/SF
− OpEx
−$9.1K −$9.47/SF
NOI
$11.1K $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%
$222,620
Cap Rate 7%
$159,014
Cap Rate 9%
$123,678

Alternative Uses

Best Use
Apartment 5plus
$159.0K
$139.1K – $185.5K (±1% cap)
NOI $11,131 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$315.8K
$276.3K – $368.4K (±1% cap)
NOI $22,106 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,155
Businesses Nearby

Demographics for 85251, AZ

40,073
Population
26,456
Households
1.5
Avg Household Size
39
Median Age
60%
College-Educated
96%
High-School Grad
7.2 sq mi
ZIP Area
5,566
Density / Sq Mi
$89,151
Median Household Income
$60,282
Median Earnings
$1,771
Median Rent
$500,700
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

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Aug
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Frequently Asked Questions

What type of property is this?
Residential income property - Updated interiors include a fireplace, stainless steel appliances, and access to community pools and a fitness center.
Where is this residential income property located?
The property is located at 3600 N Hayden Road 3402 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: 962 SF corner residence with one bedroom and an upstairs loft; Updated flooring and countertops, stainless steel appliances, and wood‑burning fireplace; New HVAC system and newer water heater
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