Furnished Short-Term Rental
For Sale
$239,900
Pending
7625 E CAMELBACK Road #A344, Scottsdale, AZ 85251
Residents have access to a balcony, heated community pool and spa, with utilities and basic cable and internet covered by the HOA.
Property Size752 SF
Days on Market70
Property Features for 7625 E CAMELBACK Road #A344
General Information
Standard status
Pending
Size
752 SF
Property subtype
Apartment
Building Details
Building Size
752 SF
Year Built
1971
Stories
3
Listing Agency:
West USA Realty
Listed By:
Howard L Rudin
(602) 390-8088
Source:
Kwelsalvador.kw
Added: Jul 30
Changed: Oct 6
Last Checked: Oct 7 at 8:54AM
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 West USA Realty
Investment Insights
Based on property information with market context.
This remodeled, top-floor condo in Scottsdale has one bedroom, one bathroom and a balcony. The unit is offered fully furnished, and the community has a heated pool and spa. Built in 1971, the complex permits short-term rentals through platforms such as Airbnb and VRBO and has no rental restrictions.
Fashion Square and downtown Scottsdale are a few blocks away. Grocery shopping, restaurants, bars and retail are across the street. The HOA covers electricity, heating and air conditioning, water, sewer, trash removal, basic cable and internet.
Fashion Square and downtown Scottsdale are a few blocks away. Grocery shopping, restaurants, bars and retail are across the street. The HOA covers electricity, heating and air conditioning, water, sewer, trash removal, basic cable and internet.
Key Highlights
- Remodeled top‑floor condo with one bedroom and one bathroom
- Fully furnished unit with a balcony
- Community pool and spa are heated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,701
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,020
$174.0K
Cap Rate 7%
$124,300
$124.3K
Cap Rate 9%
$96,678
$96.7K
Market Conditions
NOI Build-Up for 752 SF
Gross rent
$16.5K $21.96/SF
− Vacancy
−$694 −$0.92/SF
EGI
$15.8K $21.04/SF
− OpEx
−$7.1K −$9.47/SF
NOI
$8.7K $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%
$174,020
Cap Rate 7%
$124,300
Cap Rate 9%
$96,678
Alternative Uses
Best Use
Apartment 5plus
$124.3K
$108.8K – $145.0K
NOI $8,701 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$246.9K
$216.0K – $288.0K
NOI $17,280 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Residents have access to a balcony, heated community pool and spa, with utilities and basic cable and internet covered by the HOA.
Where is this short term rental property located?
The property is located at 7625 E CAMELBACK Road #A344 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Remodeled top‑floor condo with one bedroom and one bathroom; Fully furnished unit with a balcony; Community pool and spa are heated
