Short-Term Rental Condo with
New
For Sale
$399,999
7625 E CAMELBACK Road 320B, Scottsdale, AZ 85251
Two bedrooms, two bathrooms, updated interior finishes, and association-paid utilities support flexible personal use and guest stays.
Property Size1,140 SF
Days on Market7
Property Features for 7625 E CAMELBACK Road 320B
General Information
Standard status
Active
Size
1,140 SF
Property subtype
Apartment
Taxes and HOA fees
Annual Taxes
$613
Building Details
Building Size
1,140 SF
Year Built
1971
Listing Agency:
E & G Real Estate Services
Listed By:
Mark Koslow
(954) 599-2038
Source:
Jcluxuryresidential
Added: Sep 30
Changed: Oct 4
Last Checked: Oct 6 at 12:02AM
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 E & G Real Estate Services
Investment Insights
Based on property information with market context.
This Scottsdale condominium has two bedrooms and two bathrooms, with updated tile floors, granite counters, and refreshed tile and interior finishes. Sliding glass doors open to a large patio with views. The unit is an active short-term rental with a 4.99 rating and approval for rental use; the property information also states there are no rental restrictions. Furnishings may be purchased separately.
Residents have access to a heated pool, spa, and gym. The association covers electricity, heating and air conditioning, water, sewer, trash service, and basic cable. The property is within walking distance of Old Town Scottsdale dining, bars, and shopping.
Residents have access to a heated pool, spa, and gym. The association covers electricity, heating and air conditioning, water, sewer, trash service, and basic cable. The property is within walking distance of Old Town Scottsdale dining, bars, and shopping.
Key Highlights
- Two‑bedroom, two‑bathroom condominium in Maya
- Active short‑term rental with a 4.99 rating and no rental restrictions
- Updated tile flooring, granite counters, and interior finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,191
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,820
$263.8K
Cap Rate 7%
$188,443
$188.4K
Cap Rate 9%
$146,567
$146.6K
Market Conditions
NOI Build-Up for 1,140 SF
Gross rent
$25.0K $21.96/SF
− Vacancy
−$1.1K −$0.92/SF
EGI
$24.0K $21.04/SF
− OpEx
−$10.8K −$9.47/SF
NOI
$13.2K $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%
$263,820
Cap Rate 7%
$188,443
Cap Rate 9%
$146,567
Alternative Uses
Best Use
Apartment 5plus
$188.4K
$164.9K – $219.9K
NOI $13,191 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$374.2K
$327.5K – $436.6K
NOI $26,196 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,231
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Short term rental property - Two bedrooms, two bathrooms, updated interior finishes, and association-paid utilities support flexible personal use and guest stays.
Where is this short term rental property located?
The property is located at 7625 E CAMELBACK Road 320B Scottsdale, AZ.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Two‑bedroom, two‑bathroom condominium in Maya; Active short‑term rental with a 4.99 rating and no rental restrictions; Updated tile flooring, granite counters, and interior finishes
