Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3930 W Monterey St, Unit 113 Chandler, AZ 85226

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,750 /Mo ($22 SF/Yr)

    Remodeled townhouse featuring dual master suites and resort-style amenities.

    Property size:
    935 SF
    Lot size:
    0.02 Acres

    Property Features for 3930 W Monterey St

    General Information

    Size
    935 SF
    Lot size
    0.02 Acres

    Building Details

    Year built
    1986

    We can help!

    Listing Contact
    Jennifer Lakosh
    Source: Kw

    Listing Agent: Jennifer Lakosh

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Remodeled Poolside Townhouse with Upgrades

    This interior poolside townhouse has been remodeled with 18' tile throughout, upgraded plush carpet and pad, baseboards, blinds, and designer paint in neutral colors. Newer black appliances are included. The 935 square foot home features vaulted ceilings, a breakfast bar and kitchen nook, and a wood-burning fireplace. Ceiling fans are installed in every room. The layout includes upstairs laundry and split dual master suites. A patio area provides extra storage. Located steps from the resort-style pool, ramada, BBQ, and private park with a playground and basketball area, the property is also minutes from shopping, dining, and the 101, 60, and 202 freeways. The intended use of the property is residential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chandler
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9093646
    Latitude
    33.3142227

    Nearby Similar for Lease

    • Contact for pricing
      33,496 SF

      Chandler Retail/Entertainment/Industrial Space For Rent

      33,496 SF space in Chandler Pavilions regional shopping center.
      845 N 54Th St, Chandler, AZ 85226
      View Details
    • Contact for pricing
      250,630 SF

      Class A Office Sublease

      Premier Chandler office building with modern interiors and collaborative amenities.
      3133 W Frye Rd, Chandler, AZ 85226
      View Details
    • Contact for pricing
      250,630 SF

      Class A Office Sublease

      Premier Chandler office building with modern interiors and collaborative amenities.
      3133 W Frye Rd, Chandler, AZ 85226
      View Details
    • Contact for pricing
      2,550 SF

      Prime Retail Space in Chandler

      Spacious retail space in a high-traffic Chandler location.
      347 S Arizona Ave, Chandler, AZ 85225
      View Details
    • Contact for pricing
      196,615 SF

      Las Tiendas Village Retail Center

      Chandler, AZ: Prime Retail Space Available
      0 Nec Queen Crk Rd & Alma School Rd, Chandler, AZ 85286
      View Details
    • Contact for pricing
      24,017 SF

      Class A Office Space Available

      Premier mixed-use development with Class A office space for rent.
      1250 S Arizona Ave, Chandler, AZ 85225
      View Details
    • Contact for pricing
      9,394 SF

      Chandler Warehouse with Data Halls

      191,061 SF facility ideal for Hyperscale, AI.
      2500 W Frye Rd, Chandler, AZ 85224
      View Details
    • $22 SF/Yr
      13,485 SF

      Chandler Airport Office/Warehouse Space

      Versatile Chandler space, multiple suites available.
      2250 Germann Rd, Chandler, AZ 85286
      View Details
    • $22 SF/Yr
      7,816 SF

      Chandler Office Space For Lease

      Office space for lease in a dynamic East Chandler location.
      604 W Warner Rd, Chandler, AZ 85225
      View Details
    • $72 SF/Yr
      1,487 SF

      Chandler Executive Suites: Prime Location

      Upscale Chandler offices, flexible options.
      333 Dobson Rd, Chandler, AZ 85224
      View Details
    • $4,500 /Mo
      1,584 SF

      Luxury Ocotillo Penthouse with Amenities

      Upscale penthouse with resort-style amenities in the heart of Ocotillo.
      2511 W Queen Creek Rd, Chandler, AZ 85248
      View Details
    • $42 SF/Yr
      2,400 SF

      Retail Space Near Hamilton High

      Retail space with high visibility and access on Arizona Avenue.
      S/SEC Arizona Ave & Queen Crk, Chandler, AZ
      View Details

    FAQs

    What type of property is this?
    Specialty property - Remodeled townhouse featuring dual master suites and resort-style amenities.
    Where is this specialty property located?
    The property is located at 3930 W Monterey St, Unit 113 Chandler, AZ.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Interior poolside townhouse with direct access to resort-style pool, ramada, BBQ, private park, playground and basketball area.; - Remodeled interior featuring 18' tile, upgraded plush carpet, baseboards, blinds, and designer paint.; - Split dual master suites offering enhanced privacy.
    Request Owner's contact information
    3930 W Monterey St, Unit 113 Chandler, AZ 85226
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3930 W Monterey St, Unit 113
    Chandler, AZ 85226
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3930 W Monterey St, Unit 113 Chandler, AZ 85226
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jennifer Lakosh
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.