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One-Bedroom End-Unit Condo
New
For Sale
$219,000

7350 N Via Paseo Del Sur #N207, Scottsdale, AZ 85258

A private balcony, vaulted ceilings, and in-unit laundry complement the updated interior.

Property Size727 SF
Price / SF$301.24
Days on Market3

Property Features for 7350 N Via Paseo Del Sur #N207

General Information

Standard status Active
Size 727 SF
Property subtype Apartment

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $571

Amenities

pool
spa
fitness center
in-unit washer/dryer
balcony
Full Bth Master Bdrm
Eat-in Kitchen
Granite Counters
High Speed Internet
Vaulted Ceiling(s)
No Interior Steps
Balcony

Building Details

Building Size 727 SF
Year Built 1975
Stories 2
Listing Agency: MCO Realty
Listed By: Allison Cahill · License #145510777
Source: Omnihomesinternational
Added: Oct 30 Changed: Oct 31 Last Checked: Oct 31 at 3:03AM

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 MCO Realty

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Investment Insights

Based on property information with market context.

This 727-square-foot, one-bedroom, one-bathroom condominium is an end unit with vaulted ceilings and a balcony. The open great room connects to a kitchen with granite countertops and upgraded appliances. Flooring has been updated, while the bedroom features new carpet, a new window, and a walk-in closet. An in-unit washer/dryer and natural light round out the interior. The building dates to 1975.

Residents have access to a community pool, spa, and fitness center. Shoshone Park and walking and biking trails along nearby lakes are adjacent to the complex. Golf, dining, coffee shops, and boutiques are also part of the surrounding McCormick Ranch area.

Key Highlights

  • 727‑square‑foot, one‑bedroom, one‑bathroom end‑unit condominium
  • Balcony and vaulted ceilings
  • Kitchen with granite countertops and upgraded appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,412
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$168,240 $168.2K
Cap Rate 7%
$120,171 $120.2K
Cap Rate 9%
$93,467 $93.5K
Market Conditions
NOI Build-Up for 727 SF
Gross rent
$16.0K $21.96/SF
− Vacancy
−$671 −$0.92/SF
EGI
$15.3K $21.04/SF
− OpEx
−$6.9K −$9.47/SF
NOI
$8.4K $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%
$168,240
Cap Rate 7%
$120,171
Cap Rate 9%
$93,467

Alternative Uses

Best Use
Apartment 5plus
$120.2K
$105.2K – $140.2K (±1% cap)
NOI $8,412 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$238.7K
$208.8K – $278.4K (±1% cap)
NOI $16,706 @ 7.0% cap · market cap 7.63%
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

1,377
Businesses Nearby

Demographics for 85258, AZ

25,203
Population
15,566
Households
1.6
Avg Household Size
55
Median Age
63%
College-Educated
99%
High-School Grad
10.3 sq mi
ZIP Area
2,447
Density / Sq Mi
$105,171
Median Household Income
$68,184
Median Earnings
$1,945
Median Rent
$744,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - A private balcony, vaulted ceilings, and in-unit laundry complement the updated interior.
Where is this residential income property located?
The property is located at 7350 N Via Paseo Del Sur #N207 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 727‑square‑foot, one‑bedroom, one‑bathroom end‑unit condominium; Balcony and vaulted ceilings; Kitchen with granite countertops and upgraded appliances
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