Two-Bedroom Condominium
4925 E DESERT COVE Avenue 143, Scottsdale, AZ 85254
For Sale
$319,900
The residence includes a covered patio and access to a community pool, spa, and fitness facility.
Property Size1,059 SF
Price / SF$302.08
Days on Market144
Property Features for 4925 E DESERT COVE Avenue 143
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
workout facility
swimming pool
spa
covered patio
Building Details
Building Size
Year Built
Listing Agency:
Century 21 Northwest
Listed By:
Rodica Bartels · License AZ BR507907000
(602) 448-5228
Source:
1912realty
Added: Jun 19
Changed: Nov 8
Last Checked: Nov 9 at 2:06AM
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 Century 21 Northwest
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Investment Insights
Based on property information with market context.
This 1,059-square-foot condominium, built in 1995, has two bedrooms and a covered patio. The kitchen features a two-level breakfast bar, matching appliances, track lighting, and cabinet storage. The primary bedroom includes a walk-in closet, private bathroom with a tub-and-shower combination, and sliding doors opening to the patio.
Residents have access to a community workout facility, swimming pool, and spa at Tuscany Villas in Scottsdale.
Residents have access to a community workout facility, swimming pool, and spa at Tuscany Villas in Scottsdale.
Key Highlights
- Two‑bedroom condominium with 1,059 square feet
- Built in 1995
- Covered patio accessed from the primary bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,253
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$245,060
$245.1K
Cap Rate 7%
$175,043
$175.0K
Cap Rate 9%
$136,144
$136.1K
Market Conditions
NOI Build-Up for 1,059 SF
Gross rent
$23.3K $21.96/SF
− Vacancy
−$977 −$0.92/SF
EGI
$22.3K $21.04/SF
− OpEx
−$10.0K −$9.47/SF
NOI
$12.3K $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%
$245,060
Cap Rate 7%
$175,043
Cap Rate 9%
$136,144
Alternative Uses
Best Use
Apartment 5plus
$175.0K
$153.2K – $204.2K
NOI $12,253 @ 7.0% cap · market cap 3.83%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$347.6K
$304.2K – $405.6K
NOI $24,335 @ 7.0% cap · market cap 7.61%
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
1,830
Businesses Nearby
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Business Placement
Demographics for 85254, AZ
46,352
Population
21,469
Households
2.2
Avg Household Size
45
Median Age
60%
College-Educated
97%
High-School Grad
13.7 sq mi
ZIP Area
3,383
Density / Sq Mi
$120,885
Median Household Income
$61,953
Median Earnings
$1,954
Median Rent
$701,900
Median Home Value
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Market
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Frequently Asked Questions
What type of property is this?
Residential income property - The residence includes a covered patio and access to a community pool, spa, and fitness facility.
Where is this residential income property located?
The property is located at 4925 E DESERT COVE Avenue 143 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Two‑bedroom condominium with 1,059 square feet; Built in 1995; Covered patio accessed from the primary bedroom
